100%.
The employment relationship is:
A. An agreed-upon basis for organizations and people meeting each other's needs
B. A disagreed-upon basis for organizations and people meeting each other's needs
C. An agreed-upon basis for organizations and government meeting each other's needs
D. None of the above correct answers A
Organizations get work done through:
A. Dollars
B. Customers
C. People
D. Product correct answers C
Total rewards includes:
A. Benefits, base salary, paid time off
B. Benefits
C. Base salary and benefits
D. Base salary correct answers C
Meaningful work would be considered a discretionary employee benefit.
A. True
B. False correct answers B
Understanding the total rewards system will not allow you to create a meaningful total rewards
plan.
A. True
B. False correct answers B
Which of the following job families would not be affected by total rewards?
A. Engineers
B. Finance
C. Marketing
D. All job families are affected by total rewards correct answers D
Pay is not a broad category that refers to the monetary compensation that is provided to an
employee in exchange for their work.
A. True
B. False correct answers B
Cash compensation is monetary pay from ____________ to __________________.
A. Employers, employees
B. Employees, employers
C. Government, citizens
,D. None of the above correct answers A
Fringe benefits have become quite ____________ to compensation plans.
A. Central
B. Unimportant
C. Conditional
D. Proven correct answers A
When you think about a company's health benefits or retirement plan, you are thinking about
employee benefits.
A. True
B. False correct answers A
________________________ refers to the direct monetary pay given to an employee in
exchange for their contributions to the organization.
A. Total rewards
B. Cash compensation
C. Benefits
D. Time off correct answers B
Which of the following would not be included as an intangible reward?
A. Meaningful work
B. Salary
C. Positive working relationships
D. Location correct answers B
Cash compensation can have an influence on the employee's perception of how much they are
valued at the firm.
A. True
B. False correct answers A
To create a strategic total rewards plan, you need to understand all of the following except:
A. Market
B. Benefits
C. Customers
D. None of the above correct answers B
Base pay includes:
A. Salary or hourly wages
B. Hourly and benefits
C. Benefits and salary
D. None of the above correct answers A
Team performance:
A. Comprises the collective actions of groups of employees
B. Comprises senior management level of performance
, C. Comprises customer feedback regarding employees
D. Comprises the star employees' level of performance correct answers A
Total Reward Systems do not need to be reviewed to ensure that they are not penalizing such
OCBs and instead provide a degree of encouragement for those helpful behaviors.
A. True
B. False correct answers B
Organizational performance includes all but:
A. Profits
B. Meeting customer needs
C. Employee satisfaction
D. New market share correct answers C
Employee perception of the organization has potential to lead to turnover and performance.
A. True
B. False correct answers A
Managing total rewards is an art and a science.
A. True
B. False correct answers A
What is the total rewards content strategy?
A. A negotiation between management and the employee for total rewards offered
B. Market-driven levels of rewards offered
C. Type, Level, and Combination of rewards offered
D. Experienced-based rewards offered correct answers C
Reward form combination strategy refers to:
A. Rewards (cash, benefits, etc.) and how they compete in the market
B. Rewards (cash, benefits, etc.) and how they compete with departments within the organization
C. Rewards (cash, benefits, etc.) and how they differ from each other
D. Rewards (cash, benefits, etc.) and how they relate to each other correct answers D
Absolute level refers to:
A. Base salary
B. Experience salary
C. Fair salary
D. Competitive salary correct answers A
What is a communication strategy?
A. The plan for sharing coworkers' salary data
B. The plan for communicating with employees about competitive salaries
C. The plan for communicating with other HR professionals to understand market data
D. The plan for sharing the compensation strategy with employees and receiving their ongoing
feedback correct answers D