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HRCI APHR CERTIFICATION CORECT FINAL EXAM QUESTIONS AND ANSWERS SURE A.pdf

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HRCI APHR CERTIFICATION CORECT FINAL EXAM QUESTIONS AND ANSWERS SURE A.pdf

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HRCI APHR CERTIFICATION CORECT FINAL EXAM
QUESTIONS AND ANSWERS SURE A+
✔✔market-based job evaluation - ✔✔an evaluation that compares the salaries for
particular jobs offered on the external job market

✔✔merit increase - ✔✔an increase in wages for meeting or exceeding the performance
goals of a job

✔✔minimum wage - ✔✔the lowest hourly, daily or monthly salary that employers must
legally pay to employees or workers

✔✔off-hours - ✔✔a period of time when a person engages in activities outside of their
regular job duties

✔✔online therapy benefit - ✔✔access to online counseling services that support
employees' mental health

✔✔overtime - ✔✔extra time worked beyond the normal hours of employment or the
payment for extra time worked

✔✔pay for performance - ✔✔a payment strategy where management links an
employee's pay to desired results, behaviors, or goals

✔✔per diem - ✔✔the amount of money a person receives for working for one day, or
the amount an organization allows an employee to spend on expenses each day (for
example, meals and hotels on a business trip)

✔✔performance-based pay - ✔✔pay linked to how well the employee meets
expectations; better performance results in more pay

,✔✔perquisites (perks) - ✔✔special non-monetary privileges (such as a car or club
membership) that come with senior job positions; also called executive perks or fringe
benefits

✔✔personal use of company-owned vehicle - ✔✔usage of employer vehicle for private
purposes within specified limits

✔✔piece rate - ✔✔a wage system in which the employee is paid for each unit of
production at a fixed rate

✔✔point-factor systems - ✔✔a job evaluation system that allocates point values to
specific job factors, such as skills, responsibility, and working conditions, to determine
its position within the pay structure

✔✔premiums - ✔✔payments employees receive for meeting goals by a certain time;
also, payments for insurance

✔✔prevailing wage - ✔✔the hourly wage, usual benefits, and overtime that most
workers receive in a certain location

✔✔raise - ✔✔an increase in salary that an employee receives, often for good
performance

✔✔range - ✔✔the amount covered, or the amount of difference (for example, a 'salary
range' is the difference between the lowest and highest amount paid for a particular job)

✔✔range penetration - ✔✔an employee's pay compared to the total pay range for the
same job function

✔✔relocation services - ✔✔help given to relocating employees

✔✔remuneration - ✔✔money paid for work, including wages, commissions, bonuses,
overtime pay, and pay for holidays, vacations, and sickness

✔✔remuneration surveys - ✔✔surveys that gather information on what other companies
pay employees and what kind of benefits they provide

✔✔sabbatical leave - ✔✔a benefit provided by some organizations that allows eligible
employees paid time off during a specific time period for study, rest, or travel

✔✔salary mid-point - ✔✔the amount of money between the highest and lowest amount
paid for a particular job

, ✔✔salary range - ✔✔The lowest and highest wages paid to employees who work in the
same or similar jobs

✔✔severance - ✔✔an additional payment (other than salary) given to an employee
when employment termination occurs

✔✔stock option - ✔✔a benefit which gives employees the right to buy or sell stock in
their company at a certain price for a specific period of time

✔✔telecommuting - ✔✔a flexible work arrangement which allows part or full time
employees to work at home via a computer

✔✔total compensation - ✔✔an employee's complete pay package, including cash,
benefits, and services

✔✔total rewards - ✔✔financial and non-financial benefits that the employee sees as
valuable

✔✔travel/transportation stipend - ✔✔assistance with transportation costs to facilitate
commutes and reduce absences due to transportation-related issues

✔✔tuition reimbursement - ✔✔a benefit whereby the employer provides full or partial
payment for educational courses completed by employees

✔✔variable pay plan - ✔✔profit-sharing, incentives, bonuses or commissions that align
compensation with performance

✔✔voluntary benefits - ✔✔extra benefits or discounted services offered to employees
with little extra cost to the employer

✔✔wage band - ✔✔The lowest and highest wages paid to employees who work in the
same or similar jobs

✔✔well-being - ✔✔a state of good health, happiness, and prosperity

✔✔wellness program - ✔✔services to improve and maintain the health of employees

✔✔work-life balance - ✔✔The time allocated to the work and the personal parts of one's
life

✔✔work-life balance programs - ✔✔services to support the well-being of employees
and to help them balance their jobs, families, and personal lives

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