SHRM EXAM #3 UPDATED ACTUAL Questions and CORRECT Answers
1. What item would be considered an input in the Turnover data showing a
input-process-output (IPO) model? steady increase in voluntary
resignations in the last year
2. What is true of a lead-lag market competition pay It leads the market during the
strategy? first half of the fiscal year and
lags the market during the sec-
ond half.
3. An HR manager discovers a discrepancy between Determine which regulation
the organization's current compensation policy and most benefits the employee.
the laws of the location the organization operates
in. Which is the best first step the HR manager
should take to address this?
4. Which factor should an HR practitioner analyze Whether the philosophy con-
when considering whether to modify an organiza- tinues to support the organiza-
tion's compensation philosophy? tion's strategic initiatives
5. After an acquisition, the HR director at the acquiring Mission and strategy
company is tasked with aligning the total rewards
systems of both organizations. Which should the
HR director review first?
6. What is true of the relationship between financial They are always intertwined to
analyses and HR decisions? varying degrees.
7. What form of equity is an HR function assuring External
when it conducts annual surveys of compensation
practices in its labor markets?
8. Which metric best emphasizes the effectiveness of Return on investment
an organization's total rewards strategy?
, 9. Which is the most important factor an HR leader Financial implication
should use when planning pay increases
10. In addition to salary, health benefits, and welfare Paid time ott
benefits, which item should be included in an indi-
vidualized total compensation statement?
11. How does a broadbanding approach support an By encouraging de-layering ef-
egalitarian organization? forts
12. Which of the following is a written statement of Job specifications
the minimum qualifications necessary to perform a
job?
13. How does using a job evaluation to determine the By serving as the basis for
relative worth of each job assist in an organization developing equitable salary
being successful? structures, ettective employee
selection, and ongoing devel-
opment
14. When developing a pay structure, which data set Compiled job analysis, job
should the HR practitioner use during the develop- documentation, and job evalu-
ment process? ation
15. A compensation and benefits specialist conducted Age the data to make it current.
a salary data survey last year but did not have time
to benchmark the results to the organization's pay
structure. What action should the specialist take at
this point in time?
16. What job evaluation method assesses the respon- Job-content-based
sibilities and requirements of each job and its rela-
tionship to other jobs in the organization?
2/7
1. What item would be considered an input in the Turnover data showing a
input-process-output (IPO) model? steady increase in voluntary
resignations in the last year
2. What is true of a lead-lag market competition pay It leads the market during the
strategy? first half of the fiscal year and
lags the market during the sec-
ond half.
3. An HR manager discovers a discrepancy between Determine which regulation
the organization's current compensation policy and most benefits the employee.
the laws of the location the organization operates
in. Which is the best first step the HR manager
should take to address this?
4. Which factor should an HR practitioner analyze Whether the philosophy con-
when considering whether to modify an organiza- tinues to support the organiza-
tion's compensation philosophy? tion's strategic initiatives
5. After an acquisition, the HR director at the acquiring Mission and strategy
company is tasked with aligning the total rewards
systems of both organizations. Which should the
HR director review first?
6. What is true of the relationship between financial They are always intertwined to
analyses and HR decisions? varying degrees.
7. What form of equity is an HR function assuring External
when it conducts annual surveys of compensation
practices in its labor markets?
8. Which metric best emphasizes the effectiveness of Return on investment
an organization's total rewards strategy?
, 9. Which is the most important factor an HR leader Financial implication
should use when planning pay increases
10. In addition to salary, health benefits, and welfare Paid time ott
benefits, which item should be included in an indi-
vidualized total compensation statement?
11. How does a broadbanding approach support an By encouraging de-layering ef-
egalitarian organization? forts
12. Which of the following is a written statement of Job specifications
the minimum qualifications necessary to perform a
job?
13. How does using a job evaluation to determine the By serving as the basis for
relative worth of each job assist in an organization developing equitable salary
being successful? structures, ettective employee
selection, and ongoing devel-
opment
14. When developing a pay structure, which data set Compiled job analysis, job
should the HR practitioner use during the develop- documentation, and job evalu-
ment process? ation
15. A compensation and benefits specialist conducted Age the data to make it current.
a salary data survey last year but did not have time
to benchmark the results to the organization's pay
structure. What action should the specialist take at
this point in time?
16. What job evaluation method assesses the respon- Job-content-based
sibilities and requirements of each job and its rela-
tionship to other jobs in the organization?
2/7
