A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?
A. Deductible
B. Coinsurance
C. Coordination of benefits
D. Out-of-pocket expenses.
What best defines the organization's purpose or reason for existence?
A. The corporate mission
B. The business strategy
C. The compensation strategy
D. The corporate vision.
What does a performance standard specify?
A. The experience required to achieve the goal or objective
B. The reward that can be earned
C. The time required for satisfactory performance
D. The expected outcome.
Which statement below most accurately describes a company that is using a total rewards approach?
A. Strives to find the appropriate mix of rewards elements that attract employees
B. Motivates employees through compensation levels much higher than the competition
C. Offers competitive benefits so that it can pay lower wages, minimizing compensation and related expenses
D. Hires highly motivated employees who are willing to do without work-life programs in favor of increased compensation
Which of the following is the most frequently used form of job documentation?
A. Nature of work
B. Level of work
C. Job descriptions
D. Job specifications.
Which of the following is the best source for identifying the relative of various rewards elements to different work groups?
A. Board of directors
B. Employees
C. Senior management
D. Candidates for employment
Work-life programs began in many organizations in response to the growing need of dual income parents for child care resource and referral services. These dependent care services have greatly expanded to include which of the following programs?
A. Financial wellness
B. Sabbaticals
C. Concierge services
D. Elder care support
At a company communications event, several employed were awarded certificates for their roles in improving customer service. Later, their manager noticed some of the certificates in the trash bin. Which
essential element for success did the manager miss?
A. Link rewards to the performance evaluation
B. Employ meaningful rewards
C. Reward group or team accomplishments
D. Make sure that measurement is accurate
Which of the following is a true statement regarding the talent development needs of employees?
A. If employees believe their skills will fall behind their professional peers, they will be afraid to look for another job.
B. Obtaining and developing skills provides leverage for the employee to seek more compensation.
C. Opportunities for career advancement are important to employees in their decisions to either join or leave an organization.
Which of the following would be an appropriate question for an organization to ask itself in order to measure if the organization's investment in talent development has been effective?
A. Has our organization conducted an employee satisfaction survey?
B. Are sufficient numbers of employees adequately developed to assume roles as they are vacated?
C. Have our salary budgets increased?
D. How many staff have been promoted in the last 12 months?