UNIT 4 — MILESTONE 4
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19 questions were answered correctly.
2 questions were answered incorrectly.
1
●
A company holds regular meetings to explain the compensation plan and answer employees’ questions.
Which aspect of an effective compensation plan does this scenario highlight?
Open communication
Regularly updating the plan
●
Linking rewards to achievements
●
Offering diverse incentives
●
RATIONALE
Open communication ensures that employees understand how their performance impacts their pay. The
company fosters transparency and trust, which is the focus of this scenario.
CONCEPT
→ Compensation Plans
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2
●
A company wants to ensure its benefits package is both legally compliant and attractive to potential
employees.
What is a key consideration for making the benefits package attractive while ensuring compliance?
Reducing the number of benefits to simplify administration
●
Offering benefits that are only available during the hiring
● process
1 09/01/2026
, @2027// Q&A | 100% Verified Ensuring the benefits package meets legalexams
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prepared! solutions.
competitive in the market
Providing benefits that are only available to certain departments
●
RATIONALE
To attract and retain top talent, a company must offer a benefits package that complies with all necessary
legal requirements and is competitive within the industry. These actions avoid legal penalties and support
employee rights.
CONCEPT
→ Purpose of Benefits
Report an issue with this question
3
●
A team of engineers receives a share of the cost savings they achieved by implementing a new efficiency
process.
Which type of team-based variable pay are they receiving?
Gainsharing
Piece-rate pay
●
Team Bonuses
●
Base salary
●
RATIONALE
Gainsharing is a type of team-based variable pay in which employees receive a share of the financial gains
resulting from their collective efforts to improve performance. In this scenario, the engineers are rewarded
with a share of the cost savings they achieve.
CONCEPT
→ Types of Variable Compensation
Report an issue with this question
4
●
2 09/01/2026
@2027// Q&A | 100% Verified Start your exams prepared! 19/21solutions.
19/21 that's 90% RETAKE
19 questions were answered correctly.
2 questions were answered incorrectly.
1
●
A company holds regular meetings to explain the compensation plan and answer employees’ questions.
Which aspect of an effective compensation plan does this scenario highlight?
Open communication
Regularly updating the plan
●
Linking rewards to achievements
●
Offering diverse incentives
●
RATIONALE
Open communication ensures that employees understand how their performance impacts their pay. The
company fosters transparency and trust, which is the focus of this scenario.
CONCEPT
→ Compensation Plans
Report an issue with this question
2
●
A company wants to ensure its benefits package is both legally compliant and attractive to potential
employees.
What is a key consideration for making the benefits package attractive while ensuring compliance?
Reducing the number of benefits to simplify administration
●
Offering benefits that are only available during the hiring
● process
1 09/01/2026
, @2027// Q&A | 100% Verified Ensuring the benefits package meets legalexams
Start your standards and is
prepared! solutions.
competitive in the market
Providing benefits that are only available to certain departments
●
RATIONALE
To attract and retain top talent, a company must offer a benefits package that complies with all necessary
legal requirements and is competitive within the industry. These actions avoid legal penalties and support
employee rights.
CONCEPT
→ Purpose of Benefits
Report an issue with this question
3
●
A team of engineers receives a share of the cost savings they achieved by implementing a new efficiency
process.
Which type of team-based variable pay are they receiving?
Gainsharing
Piece-rate pay
●
Team Bonuses
●
Base salary
●
RATIONALE
Gainsharing is a type of team-based variable pay in which employees receive a share of the financial gains
resulting from their collective efforts to improve performance. In this scenario, the engineers are rewarded
with a share of the cost savings they achieve.
CONCEPT
→ Types of Variable Compensation
Report an issue with this question
4
●
2 09/01/2026
