WORLDATWORK TOTAL REWARDS
MANAGEMENT EXAM 2025
What are the Total Rewards Model external influences? -
✅✅✅CORRECT -Economic, Labor Market, Cultural Norms, and
Regulatory
External Influence-Economic - ✅✅✅CORRECT -Rising or falling
conditions in the global economic landscape
External Influence-Labor Market - ✅✅✅CORRECT -Must
understand labor market trends and movements to attract talent at a cost
that is affordable and sustainable
External Influence-Cultural Norms - ✅✅✅CORRECT -Must have a
grasp of the customs, social mores and drivers of the diverse makeup
and expectations of the workforce
External Influence-Regulatory - ✅✅✅CORRECT -Regulatory and
legal environment can vary widely by country and region, affecting the
design and implementation of total rewards
Programs should be assessed to ensure they can legally applied at the
local level
, What are the drivers of the Total Rewards Strategy? -
✅✅✅CORRECT -Business Strategy, Human Resources Strategy,
Organizational Culture
The Business Strategy includes: - ✅✅✅CORRECT -The corporate
vision, corporate mission, and business strategy
Corporate Vision: - ✅✅✅CORRECT -a statement about what the
organization wants to become. It drives the direction of an organization.
Corporate Mission: - ✅✅✅CORRECT -A precise description of
what the organization does, its reason for existence or its purpose for
being.
Business Strategy: - ✅✅✅CORRECT -A company's broad plan for
competitively positioning its products or services with the intent to
accomplish or support the company's mission.
What are the steps of the Business Life Cycle? - ✅✅✅CORRECT -
Start-up, Growth, Mature, Decline
Organizational Culture is - ✅✅✅CORRECT -Subject to internal
and external influences and greatly influenced by organization's
leadership
MANAGEMENT EXAM 2025
What are the Total Rewards Model external influences? -
✅✅✅CORRECT -Economic, Labor Market, Cultural Norms, and
Regulatory
External Influence-Economic - ✅✅✅CORRECT -Rising or falling
conditions in the global economic landscape
External Influence-Labor Market - ✅✅✅CORRECT -Must
understand labor market trends and movements to attract talent at a cost
that is affordable and sustainable
External Influence-Cultural Norms - ✅✅✅CORRECT -Must have a
grasp of the customs, social mores and drivers of the diverse makeup
and expectations of the workforce
External Influence-Regulatory - ✅✅✅CORRECT -Regulatory and
legal environment can vary widely by country and region, affecting the
design and implementation of total rewards
Programs should be assessed to ensure they can legally applied at the
local level
, What are the drivers of the Total Rewards Strategy? -
✅✅✅CORRECT -Business Strategy, Human Resources Strategy,
Organizational Culture
The Business Strategy includes: - ✅✅✅CORRECT -The corporate
vision, corporate mission, and business strategy
Corporate Vision: - ✅✅✅CORRECT -a statement about what the
organization wants to become. It drives the direction of an organization.
Corporate Mission: - ✅✅✅CORRECT -A precise description of
what the organization does, its reason for existence or its purpose for
being.
Business Strategy: - ✅✅✅CORRECT -A company's broad plan for
competitively positioning its products or services with the intent to
accomplish or support the company's mission.
What are the steps of the Business Life Cycle? - ✅✅✅CORRECT -
Start-up, Growth, Mature, Decline
Organizational Culture is - ✅✅✅CORRECT -Subject to internal
and external influences and greatly influenced by organization's
leadership
