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GR1 Exam Dumps : Total Rewards Management Exam

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Total Rewards Management Exam Questions and Answers

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Question 1

Which of the following best describes a form of base pay that is a fixed weekly, biweekly or monthly payment?

Options:

A.

Hourly rate

B.

Salary

C.

Piece rate

D.

Bonuses

 

 

 

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Question 2

Which of the following best describes severance allowances?

Options:

A.

A portion of one's salary paid during reserve duty and military leave

B.

A practice of paying a lump sum to employees during a company shutdown

C.

A continuation of an employee's salary after termination

D.

A continuation of a portion of an employee's salary to a beneficiary after the death of an employee

Question 3

How is the performance review related to pay?

Options:

A.

It isn't. The performance review should not be related to pay decisions.

B.

It is related to the extent that it affects variable pay awards. Base pay is based solely on tenure, prior experience and job skills.

C.

It helps managers meet salary budgets by allowing them to adjust review results to align with available salary increase funds.

D.

It provides managers a measure that can be used along with salary planning guidelines to determine appropriate rewards or consequences.

 

 

 

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