Question 1

It has been noted that an employee learns rapidly during the first few years on the job, after which time the rate of learning begins to slow. How can organizations address this in their pay programs?

Options :

A : Re-evaluate the job itself more frequently.

B : Provide less frequent increases to newer employees

C : Provide larger increases as a percentage of base pay to newer employees.

D : Provide fixed dollar amount increases to all employees in the salary range.

Answer: C

Question 2

A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?

Options :

A : Deductible

B : Coinsurance

C : Coordination of benefits

D : Out-of-pocket expenses.

Answer: C

Question 3

The number of pay structures in an organization is most likely to be influenced by which of the following?

Options :

A : The diversity of jobs

B : The demographics of the workforce

C : The organization-s financial condition

D : The organizations policies regarding centralized pay administration

Answer: A

Question 4

If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?

Options :

A : Cost-of-living

B : Tenure

C : Automatic

D : Market

Answer: D

Question 5

What does a performance standard specify?

Options :

A : The experience required to achieve the goal or objective

B : The reward that can be earned

C : The time required for satisfactory performance

D : The expected outcome.

Answer: D