B1 Exam Dumps - WorldatWork Certification Questions and Answers

Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.

Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.

Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost-sharing basis.   

Double time for time worked on Sunday

Time and a half for all hours worked over 40 in the workweek

Time and a half for all hours worked over 8 in the workday

Double time for work on Saturday

At established dates and then every six months thereafter

On January 1 and July 1 of each year

Once when they move a step, and again when the step value changes

At the anniversary date and at the annual merit increase date   

They are all reported on the balance sheet.

They are all sources of capital.

They all incur the same costs to the business.

Nothing. Each of these is a different financial metric.

Keep them brief

Use multiple media

Include all details related to the issue

Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions

When working in more than one department

When working less time than his or her normal schedule

When working in locations other than the corporate office

When working a holiday or weekend   

The most that the member will be liable for in relation to co-insurance

The maximum the plan will pay if the member is covered by another insurance plan

The limit the member will be required to pay at each doctor visit

The lifetime limit for benefits to any one employee   

The size of the employee's family

The employee's annual salary

The employee's health history

The employee's premium contributions   

Investors and Finance want to see money spent wisely. Legal must ensure compliance, and HR and operating departments want to see their needs taken into account to attract, retain and motivate a high quality workforce.

Operating departments and HR understand the company must live within its means and Finance cannot allocate funds to a budget if it is likely that profitability will be adversely affected.

Investors want to maximize gains and want to see compensation tightly controlled and Legal needs to ensure that compensation plans do not attract undue scrutiny.

Operating departments view compensation as it applies to them, HR must balance available resources to attract, retain and motivate employees and Finance knows the value of a motivated workforce and will provide the budget necessary to achieve it.

Information on common management processes

The consequences of various disciplinary measures

Individual salary rates of employees in their department