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WorldatWork Certification B1 Syllabus Exam Questions Answers

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Question 8

Employer-sponsored death benefits are most commonly based on which of the following?

Options:

A.

The size of the employee's family

B.

The employee's annual salary

C.

The employee's health history

D.

The employee's premium contributions   

Question 9

Which of the following best describes the most likely perspectives of different groups in the organization that compensation professionals must be aware of?

Options:

A.

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.

B.

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.

C.

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.

D.

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.

Question 10

Which one of the following should be included in a compensation guide for managers?

Options:

A.

Information on common management processes

B.

The consequences of various disciplinary measures

C.

Individual salary rates of employees in their department

Question 11

The “return” represented by the Total Shareholder Return (TSR) metric is the increase in what?

Options:

A.

Earnings

B.

Shares

C.

Market capitalization

D.

Increased market value and reinvested dividends paid

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WorldatWork Certification B1 Syllabus Exam Questions Answers, All B1 Test Inside WorldatWork Questions,
Exam Code: B1
Exam Name: Regulatory Environments for Benefits Programs
Last Update: Nov 27, 2024
Questions: 0
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