Worldatwork GR4 Exam Practice Test Instant Access

Question 1

What are the benefits of a well-articulated compensation philosophy?

AImproved employee morale and retention

BReduction in employee absenteeism

CIncreased market competitiveness

DEnhanced organizational culture

Answer : A

Question 2

Which of the following is an accurate statement regarding the job content approach to pay structure development?

AAfter the point system is established, the continuum approach or pay structure approach can be used to develop the pay structure.

BExternal market pricing or competitiveness takes priority over job equity.

CThe market pricing and slotting is highly responsive to market changes.

DWith this particular method, no job evaluation points are assigned.

Answer : A

Question 3

What are typical pay actions that occur during reclassification?

AMerit increases

BLump-sum bonuses

CPay grade adjustments

DCost-of-living adjustments

Answer : C

Question 4

What are the features of a variable step rate plan?

APay progression based on individual performance and contributions

BPay progression based on predetermined time intervals

CPay progression based on market adjustments and cost of living

DPay progression based on job evaluation and skill development

Answer : A

Question 5

How does size impact merit pay programs?

ALarger organizations tend to offer higher merit increases

BSmaller organizations have more flexibility in merit budgets

CMerit pay programs are not impacted by organizational size

DMerit pay programs are standardized regardless of organization size

Answer : B

Question 6

Awarding an employee a 10% increase in base pay for all hours worked after 7:00pm is an example of what type of pay differential?

AShift

BGeographic

CExpatriate

DStep rate

Answer : A

Question 7

What does it mean to be in the new to role career stage?

AInexperienced in the current job role

BTransitioning to a new position or role

CEarly in the career with limited experience

DJust starting with the organization

Answer : B

Worldatwork Base Pay Administration and Pay for Performance GR4 Exam Practice Test