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GR1 Exam Dumps - WorldatWork Global Remuneration Professional GRP Questions and Answers

Question # 4

Why are lump-sum increases generally used?

Options:

A.

To control annual fixed costs from base pay adjustments

B.

To elevate employees who are below the midpoint in the range

C.

To reward employees under short-term incentive plans

D.

To make up for benefits not provided by the organization

 

 

 

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Question # 5

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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Question # 6

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.

 

 

 

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Question # 7

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

 

 

 

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Question # 8

If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?

Options:

A.

Cost-of-living

B.

Tenure

C.

Automatic

D.

Market

 

 

 

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Question # 9

Which of the following is the most frequently used form of job documentation?

Options:

A.

Nature of work

B.

Level of work

C.

Job descriptions

D.

Job specifications

 

 

 

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Question # 10

What typically happens when employees continually upgrade and build new skills?

Options:

A.

They demand higher pay

B.

Their level of performance increases.

C.

They become bored with their current jobs.

D.

Their competitiveness increases.

 

 

 

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Question # 11

What is the best example of a coaching or mentoring opportunity?

Options:

A.

Sabbatical

B.

On-line self-directed training

C.

Participating in a major project

D.

Exposure to internal experts

 

 

 

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Question # 12

Which of the following formal recognition approaches has the advantage of aligning awards to the company?

Options:

A.

Gift certificates

B.

Telecommuting

C.

Company merchandise

D.

Flexible work schedules

 

 

 

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Question # 13

Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?

Options:

A.

Personal leave

B.

Sabbatical

C.

Severance allowances

D.

Paid time off (PTO) bank

 

 

 

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Exam Code: GR1
Exam Name: Total Rewards Management Exam
Last Update: Mar 31, 2025
Questions: 90
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