Global Remuneration Professional (GRP) GR1 Real Exam Questions and Answers FREE Updated on Nov 11, 2021
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NEW QUESTION 33
Which statement is most accurate regarding a precaution to be taken in communicating total rewards statements?
- A. Avoid itemizing the value of benefits or work-life programs. Include only compensation.
- B. Avoid sending a total rewards statement to an employee's home address.
- C. Avoid arbitrarily setting a monetary value on intangible benefits that not all employees use.
- D. Avoid summarizing each employee's complete total rewards package.
Answer: C
NEW QUESTION 34
Which of the following is an example of the creative use of paid and unpaid time off in the work-life portfolio?
- A. A mentoring program
- B. A 401(k) plan
- C. A corporate matching gift program
- D. Vacation Sharing
Answer: D
NEW QUESTION 35
What employee needs are most commonly addressed by work-life programs?
- A. Insurance
- B. Financial
- C. Intrinsic
- D. Retirement
Answer: C
NEW QUESTION 36
As a general rule, how often should employees receive performance feedback?
- A. Once a year at the annual performance review
- B. Only as often as is comfortable for the supervisor
- C. On an ongoing basis as appropriate
- D. Once a day, preferably early in the morning
Answer: C
NEW QUESTION 37
Which of the following is the best example of an advancement opportunity?
- A. Career ladder and pathway
- B. Association membership
- C. Attendance at technology training
- D. Compliance training
Answer: A
NEW QUESTION 38
Employer-sponsored death benefits are most commonly based on which of the following?
- A. The employee's premium contributions
- B. The employee's health history
- C. The size of the employee's family
- D. The employee's annual salary
Answer: D
NEW QUESTION 39
What best describes the two primary elements of compensation?
- A. Fixed pay and variable pay
- B. Direct and indirect compensation
- C. Base pay and annual incentives
- D. Salary and hourly rate
Answer: A
NEW QUESTION 40
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?
- 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
NEW QUESTION 41
Which of the following are the two primary elements of benefits?
- A. Pay for time not worked and income protection programs
- B. Mental health coverage and health care coverage
- C. Defined contribution and defined benefits plans
- D. Unemployment and disability
Answer: A
NEW QUESTION 42
What does a total rewards strategy identify?
- A. The organization's reason for existence
- B. The optimal mix of reward elements
- C. The organization's ability to pay for performance
- D. The organization's primary competitors
Answer: B
NEW QUESTION 43
Which group typically has responsibility for final approval of the total rewards philosophy and strategy for the general employee population?
- A. Board of directors
- B. Senior management
- C. Compensation committee
- D. External consultants
Answer: B
NEW QUESTION 44
Which of the following represents one of the reasons why employers need to be aware of the organization's talent development needs?
- A. They should find out what training their employees need and schedule them for educational classes.
- B. They need to proactively take ownership of the career development of their employees.
- C. They must anticipate future workforce needs and provide learning opportunities to prepare employees for these roles.
- D. They must develop a career path for each employee and receive Board approval.
Answer: C
NEW QUESTION 45
Upon which criterion are step increases typically based?
- A. Skills
- B. Market adjustment
- C. Longevity
- D. Individual performance
Answer: C
NEW QUESTION 46
When building a job worth hierarchy, which step involves the systematic, formal study of the duties and responsibilities that comprise job content?
- A. Job analysis
- B. Job documentation
- C. Job worth hierarchy
- D. Job evaluation
Answer: A
NEW QUESTION 47
How should learning opportunities to accomplish a career plan best be determined?
- A. By considering what opportunities would enable the employee to move to competing organizations
- B. By considering the minimum competencies needed to move up to the next pay grade
- C. By considering emerging and future trends in the employee's professional field
- D. By considering how much the employee likes his or her current position
Answer: C
NEW QUESTION 48
Which of the following is a type of variable pay?
- A. Hourly pay
- B. Bonuses
- C. Piece rate
- D. Pay for time not worked
Answer: B
NEW QUESTION 49
Why is greater flexibility an advantage of a total rewards approach?
- A. Because programs can be added and/or withdrawn with little employee resistance
- B. Because incentive plans can be designed by work group or unit as well as separately for each employee
- C. Because the mix of rewards offered can be tailored according to the organization's specific challenges
Answer: C
NEW QUESTION 50
Step-rate increase programs provide employees the opportunity to receive two regular pay increases at which points?
- A. At established dates and then every six months thereafter
- B. At the anniversary date and at the annual merit increase date
- C. On January 1 and July 1 of each year
- D. Once when they move a step, and again when the step value changes
Answer: D
NEW QUESTION 51
Which of the following formal recognition approaches is designed to specifically help bring new employees into the organization?
- A. Paid time off
- B. Recruitment bonus
- C. Paid travel
- D. Gift certificates
Answer: B
NEW QUESTION 52
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