GR1 Online Practice Questions and Answers

How is the performance review related to pay?

A. It isn't. The performance review should not be related to pay decisions.

B. It is related to the extent that it affects variable pay awards. Base pay is based solely on te nure, prior experience and job skills.

C. It helps managers meet salary budgets by allowing them to adjust review results to align with available salary increase funds.

D. It provides managers a measure that can be used along with salary planning guidelines.

Which of the following are the two primary elements of benefits?

A. Mental health coverage and health care coverage

B. Pay for time not worked and income protection programs

C. Unemployment and disability

D. Defined contribution and defined benefits plans

Which of the following statements best describes defined contribution (DC) plans?

A. They require complex actuarial calculations and assumptions.

B. The benefit is based on a formula that considers pay and service.

C. They generally provide better benefits to employees with longer service.

D. The employee assumes the risk for the investments..

What employee needs are most commonly addressed by work-life programs?

A. Financial

B. Intrinsic

C. Retirement

D. Insurance.

How should learning opportunities to accomplish a career plan best be determined?

A. By considering emerging and future trends in the employee's professional field

B. By considering what opportunities would enable the employee to move to competing organizations

C. By considering how much the employee likes his or her current position

D. By considering the minimum competencies needed to move up to the next pay grade.

What type of performance standard specifies the steps necessary to complete a job duty?

A. Quality

B. Quantity

C. Time

D. Process

Which of the following formal recognition approaches has the advantage of aligning awards to the company?

A. Gift certificates

B. Telecommuting

C. Company merchandise

D. Flexible work schedules.

Work-life programs began in many organizations in response to the growing need of dual income parents for child care resource and referral services. These dependent care services have greatly expanded to include which of the following programs?

A. Financial wellness

B. Sabbaticals

C. Concierge services

D. Elder care support

What should managers look at to decide of recognition should be in the form of cash or noncash?

A. Financial need of employee being recognized

B. The behavior being rewarded

C. Whether or not cash will be taxed

D. The rating an employee received at his/her last performance review

At a high level, performance measures are generally divided into what two broad categories?

A. Objective and subjective

B. Behavioral and attitudinal

C. Organizational and divisional

D. Financial and non-financial

What does the size of a merit increase have to do with the success of a merit pay program?

A. Increase must be equitable within a department

B. Increases must not be deemed inconsequential to employees

C. Increase given to star employees must be at least triple of those given to average performers.

D. Even small increases should not be given to less-than-average performers.

What is the primary goal of a merit pay program?

A. To link pay to the competitive market rate of each job

B. To link pay to years of experience in a particular job

C. To link pay to performance in a manner that is consistent with the mission of the organization

D. To link pay to organizational performance

For which type of employees should the lowest (first) quartile be used in a merit pay system with pay ranges divided into quartiles?

A. Red-circled employees

B. Employees new to the role

C. High-performing employees with five years in the job

D. Fully meets standards employees with five to seven years of experience

An employee whose pay is at 75% range penetration is most likely to be in which of the following circumstances?

A. New to the role of job

B. Not meeting performance standards

C. Meeting performance standards

D. Exceeding performance standards

Which of the following represents one of the reasons why employers need to be aware of the organization's talent development needs?

A. They need to proactively take ownership of the career development of their employees.

B. They must anticipate future workforce needs and provide learning opportunities to prepare employees for these roles.

C. They should find out what training their employees need and schedule them for educational classes.

D. They must develop a career path for each employee and receive Board approval.