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

If an organization’s business strategy is primarily focused on product/service leadership, which of the following will likely be one of the major objectives?

Options :

A : Minimize waste and reward efficiency

B : Provide dependability and ease of purchase

C : Build bonds with targeted customers

D : Create better ideas and commercialize them faster

Answer: B

Question 3

Which of the following is primarily focused on giving special attention to employee actions, efforts, behavior or performance?

Options :

A : Compensation

B : Benefits

C : Career opportunities

D : Recognition

Answer: D

Question 4

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 5

What is a shared leave program?

Options :

A : A contribution of money to a nonprofit entity where a company employee volunteers

B : A donation of vacation time to others facing emergency situations

C : An arrangement to ensure adequate coverage of service during employees' vacations

D : An executive loan to worthy organizations for a period of time.

Answer: B