Online Access Free GR1 Practice Test

Why is it important for TR professionals to understand economic conditions?

• A.They provide a framework for designing rewards packages throughout an organization.
• B.They are internal influences that drive organizational culture.
• C.They determine what programs may be legally applied in any given location.
• D.They require timely responses in adjusting programs to meet changing situations.

Which of the following is the best definition of variable pay?

• A.Compensation that is nondiscretionary and does not vary according to performance or results
• B.Compensation that is determined by the organization's pay structure
• C.Compensation that is given in the form of perquisites such as a company car, fitness membership, paid training, etc.
• D.Compensation that is contingent on discretion, performance or results

Which of the following is a type of variable pay?

• A.Piece rate
• B.Bonuses
• C.Pay for time not worked
• D.Hourly pay

Why is it important for organizations to measure the effectiveness of their learning, coaching/mentoring and advancement/career programs?

• A.To increase turnover to get new people with new ideas to join the organization
• B.To improve the rate at which internal job roles are filled
• C.To establish a baseline for employee engagement
• D.To design a better performance management system

What is continuing to contribute most to the current rise in the cost of benefits programs?

• A.Increasing cost of enterprise software systems
• B.Rising salaries for support staff
• C.Increasing cost of communication
• D.Rising costs for health care