Question 1

What are some considerations when establishing pay for performance measures?

Options :

A : Align measures with strategic objectives

B : Focus on individual rather than team performance

C : Use subjective criteria for fairness

D : Establish targets based on employee tenure

Answer: A

Question 2

What does it mean to lag the market?

Options :

A : Paying employees below the market rate

B : Paying employees above the market rate

C : Paying employees at the market rate

D : Adjusting pay based on market fluctuations

Answer: A

Question 3

What is a reason for establishing a job worth hierarchy?

Options :

A : To determine appropriate placement of anchor points during the job evaluation

B : To prove that job grades are not needed in an organization.

C : To establish midpoint differentials for managers and subordinates

D : To determine equity among both positions and groups of positions.

Answer: D

Question 4

Which of the following describes a characteristic of single-rate pay?

Options :

A : Increases are based on a prescribed time schedule

B : Pay rate is based on the acquisition of skills by the individual employee.

C : Each job has a fixed pay rate (one rate for all employees)

D : Employees are paid for skill set, not necessarily for job performed.

Answer: C

Question 5

What are methods of delivery for pay increases?

Options :

A : Base salary adjustments, lump sum payments, and bonuses

B : Collective bargaining agreements and union negotiations

C : Point factor evaluations and job analysis

D : Skill development, training completion, and promotions

Answer: A

Higher Test Marks with Free Online GR4 Exam Practice