1. HR works with a committee of managers to identify and assign points to pertinent compensable factors for various jobs. These points are totaled?ÿto come up with an overall point value for each job. The relative worth of each job can then be compared to the others based on their point values. This is an example of what type of job evaluation?
A) Point-factor system
B) Job ranking
C) Job-content-based job evaluation
D) Job classification
2. Compensation Systems An organization conducts a pay survey and finds that some of its key employees are underpaid. Which approach best supports the desire to raise the pay for these employees while balancing a concern of adding to their salary burden?
A) Awarding compensation for results versus time in position
B) Adjusting pay in fixed increases that are linked to performance
C) Implementing annual increases to offset changes in purchasing power
D) Providing a percentage increase based on individual compa-ratios
3. The HR director wants to recommend that stock ownership incentive plans be offered to all levels of employees. What information should the HR director share that would best influence the rest of the leadership team to support this initiative?
A) It would enhance?ÿindividuals' ability to perform multiple tasks that help to increase their performance.
B) It would improve individual performance by providing development opportunities that create a results-focused culture.
C) It would increase competition for retention of talent and address disgruntled employees who feel they deserve better.
D) It would give employees a stake in the company and enhance employee productivity and organizational performance.
4. While creating an executive compensation plan, which factor should the HR leader consider as critical?
A) Incentives to meet business objectives
B) Accounting consequence of discounted stocks
C) Employee's portion of stock option costs
D) Cost-of-living increase for that year
5. Which market practice benefits should be offered to attract or entice executives to join a global organization?
A) Car, transportation allowance, and meal allowance
B) Health care, self-funded retirement, and bonuses
C) Vacation, family leave, and holiday time off
D) Stock options, performance grants, and incentives
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