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Global Remuneration Professional GRP GR1 Reddit Questions

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Question 12

Which of the following statements best describes defined contribution (DC) plans?

Options:

A.

They require complex actuarial calculations and assumptions.

B.

The benefit is based on a formula that considers pay and service.

C.

They generally provide better benefits to employees with longer service.

D.

The employee assumes the risk for the investments.

 

 

 

Question 13

When using a market pricing approach to build a base pay structure, what percentage of job content should typically be similar for a job match to be considered good for benchmarking purposes?

Options:

A.

10% or more

B.

30% or more

C.

50% or more

D.

70% or more

 

 

 

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GR1 VCE Exam Download, Global Remuneration Professional GRP GR1 Reddit Questions,
Exam Code: GR1
Exam Name: Total Rewards Management Exam
Last Update: Oct 17, 2024
Questions: 90
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