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GR1 Exam Dumps - Total Rewards Management Exam

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Question # 9

What type of equity incentive gives employees the right to purchase company shares at a specified price?

A.

Stock/share options

B.

Stock/share grants

C.

Restricted stock/shares

D.

Performance units

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Question # 10

What is a shared leave program?

A.

A contribution of money to a nonprofit entity where a company employee volunteers

B.

A donation of vacation time to others facing emergency situations

C.

An arrangement to ensure adequate coverage of service during employees' vacations

D.

An executive loan to worthy organizations for a period of time

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Question # 11

Which of the following is a type of variable pay?

A.

Salary

B.

Piece rate

C.

Hourly rate

D.

Commissions

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Question # 12

How is the performance review related to pay?

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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Question # 13

A company is sponsoring a diversity awareness fair for employees. Which category of work-life is the company trying to promote?

A.

Caring for dependents

B.

Culture change

C.

Corporate citizenship

D.

Internal sharing

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