Base Pay Administration and Pay for
Performance - GR4/C4
WhatvisvthevdefinitionvofvTotalvRewards?vgthevmonetaryvandvnonmonetaryvreturnsvprovidedvtove
mployeesvinvexchangevforvtheirvtime,vtalents,veffortsvandvresults
Whatvarevthevdriversvshapevthevtotalvrewardsvmix?vg
Thevorganizationalvculture,vbusinessvandvHRvstrategies
Whichvelementvgivesvspecialvattentionvtovemployeesvaction,veffort,vbehaviorvorvperformance?gRec
ognition
Organizationalvpractices,vpolicies,vandvprograms,vplusvavphilosophyvtovhelpvemployeevachievevsucc
essvatvhomevandvwork,vwhichvofvthevelementvofvtotalvrewardsvisvthis?vgWork-life
Cashvprovidedvbyvanvemployervtovanvemployeevforvservicesvrendered,vwhichvelementvisvthis?gCo
mpensation
,Programsvthatvanyvemployervusesvtovsupplementvthevcashvcompensationvanvemployeevreceives,vw
hichvelementvisvthis?vgBenefits
Whichvelementvcomprisesvlearningvexperiencesvdesignedvtovenhancevemployees'vskillsvandvcomp
etencies?vgDevelopment
Invwhichvelementvinvolvevplansvtovhelpvemployeesvpursuevtheirvcareervgoals?vgCareervOpportuniti
es
Whichvelementvinvolvesvthevalignmentvandvsubsequentvassessmentvofvorganizational,vteamvandvi
ndividualveffortsvtowardvthevachievementvofvbusinessvgoalsvandvorganizationalvsuccess?v-
vcorrectanswers-Performance
Whichvcompensationvisvnondiscretionaryvthatvdoesvnotvvaryvaccordingvtovperformancevorvresultsv
achieved?vgFixedvpayvorvbasevpay
Whichvstatementvdescribevbestvthevvariablevpay?vg
Compensationvthatvisvcontingentvonvdiscretion,vperformancevorvresultsvachieved
WhichvofvthevfollowingvstrategyvdrivesvHRvandvTotalvrewardsvstrategies?vgBusinessvstrategy
WhichvstrategyvisvkeyvtovdevelopmentvofvHRvstrategy?vgBusinessvstrategy
Whatvisvthevflowvofvactivitiesvwhenvdevelopingvthevtotalvrewardsvdesignvprocess?v-
vcorrectanswers-Vision,vmission,vbusinessvstrategyv&vHRvstrategy
Thevtotalvrewardsvdesignvbeginsvwithvwhichvofvthevbelowvprocess?vgCorporatevvisionvandvmission
Whatvbestvdescribesvthevreasonvwhyvthevtotalvrewardsvdesignvmodelvisvcircular?v-
vcorrectanswers-Thevprocessvshouldvnotvbecomevtoovfarvremovedvfromvthevcorporatevmission
Wherevdoesvbasevpayvfitvwithinvthevorganization'svbusinessvstrategy?vg
Anvorganizationvmustvfirstvunderstandvitsvcompensationvstrategyvandvphilosophy
, Whatvisvcompensationvphilosophy?vg
Statementvofvwhatvthevorganizationvbelievesvaboutvhowvpeoplevshouldvbevpaid.vItvshouldvsupport
v thevbusinessvstrategyvandvbevavgoodvfitvwithvthevorganization'svculture
Whatvarevthevcompensationvprogramvobjectives?vg
Internallyvequitable,vexternallyvcompetitive,vaffordable,vunderstandable,vlegal/defensible,vefficie
ntvtovadminister,vcapablevofvbeingvreshapedvforvthevfuture,vappropriatevforvthevorganization,vattr
a
ct,vretain,vandvmotivatevemployees,vcreatevalignmentvofvemployeeveffortsvandvbusinessvobjectives
.
Whatvarevthevmostvcommonvobjectivesvofvcompensationvprogram?vgInternallyvequitablev&vextern
allyvcompetitive
Whatvisvessentialvwhilevdesigningvthevcompensationvprogram?vgProgramvshouldvsupportvthevorgan
ization'svbusinessvstrategy
Whichvprogramvshouldvbevdesignedvinvavwayvthatvsupportvthevbusinessvstrategy?v-
vcorrectanswers-Compensationvprogram
Whatvisvcompensationvstrategy?vgincludesvprinciplesvthatvguidevthevdesign,vimplementation,vandva
dministrationvofvavcompensationv
program.vWhatvprogramsvwillvbevusedvandvhowvwillvthevbevadministered.
WhatvarevthevcomponentsvofvBasevPayvStructurevDesign?vgJobvAnalysis,vJobvdocumentation,vJobvE
valuation,vJobvWorthvHierarchyvvallvpartsvofvavbasevpayvstructure
DefinevJobvDocumentation?vgincludesvwrittenvinfovaboutvthevjobvcontentvorvfunctionsvofvthevjobv
andvrequiredvknowledge,vskillsv andvabilitiesv(KSA's)
DefinevJobvEvaluation?vgcreatesvavjobvworthvhierarchyvusingvavmarketvdatavorvjobvcontentvapproa
ch
Performance - GR4/C4
WhatvisvthevdefinitionvofvTotalvRewards?vgthevmonetaryvandvnonmonetaryvreturnsvprovidedvtove
mployeesvinvexchangevforvtheirvtime,vtalents,veffortsvandvresults
Whatvarevthevdriversvshapevthevtotalvrewardsvmix?vg
Thevorganizationalvculture,vbusinessvandvHRvstrategies
Whichvelementvgivesvspecialvattentionvtovemployeesvaction,veffort,vbehaviorvorvperformance?gRec
ognition
Organizationalvpractices,vpolicies,vandvprograms,vplusvavphilosophyvtovhelpvemployeevachievevsucc
essvatvhomevandvwork,vwhichvofvthevelementvofvtotalvrewardsvisvthis?vgWork-life
Cashvprovidedvbyvanvemployervtovanvemployeevforvservicesvrendered,vwhichvelementvisvthis?gCo
mpensation
,Programsvthatvanyvemployervusesvtovsupplementvthevcashvcompensationvanvemployeevreceives,vw
hichvelementvisvthis?vgBenefits
Whichvelementvcomprisesvlearningvexperiencesvdesignedvtovenhancevemployees'vskillsvandvcomp
etencies?vgDevelopment
Invwhichvelementvinvolvevplansvtovhelpvemployeesvpursuevtheirvcareervgoals?vgCareervOpportuniti
es
Whichvelementvinvolvesvthevalignmentvandvsubsequentvassessmentvofvorganizational,vteamvandvi
ndividualveffortsvtowardvthevachievementvofvbusinessvgoalsvandvorganizationalvsuccess?v-
vcorrectanswers-Performance
Whichvcompensationvisvnondiscretionaryvthatvdoesvnotvvaryvaccordingvtovperformancevorvresultsv
achieved?vgFixedvpayvorvbasevpay
Whichvstatementvdescribevbestvthevvariablevpay?vg
Compensationvthatvisvcontingentvonvdiscretion,vperformancevorvresultsvachieved
WhichvofvthevfollowingvstrategyvdrivesvHRvandvTotalvrewardsvstrategies?vgBusinessvstrategy
WhichvstrategyvisvkeyvtovdevelopmentvofvHRvstrategy?vgBusinessvstrategy
Whatvisvthevflowvofvactivitiesvwhenvdevelopingvthevtotalvrewardsvdesignvprocess?v-
vcorrectanswers-Vision,vmission,vbusinessvstrategyv&vHRvstrategy
Thevtotalvrewardsvdesignvbeginsvwithvwhichvofvthevbelowvprocess?vgCorporatevvisionvandvmission
Whatvbestvdescribesvthevreasonvwhyvthevtotalvrewardsvdesignvmodelvisvcircular?v-
vcorrectanswers-Thevprocessvshouldvnotvbecomevtoovfarvremovedvfromvthevcorporatevmission
Wherevdoesvbasevpayvfitvwithinvthevorganization'svbusinessvstrategy?vg
Anvorganizationvmustvfirstvunderstandvitsvcompensationvstrategyvandvphilosophy
, Whatvisvcompensationvphilosophy?vg
Statementvofvwhatvthevorganizationvbelievesvaboutvhowvpeoplevshouldvbevpaid.vItvshouldvsupport
v thevbusinessvstrategyvandvbevavgoodvfitvwithvthevorganization'svculture
Whatvarevthevcompensationvprogramvobjectives?vg
Internallyvequitable,vexternallyvcompetitive,vaffordable,vunderstandable,vlegal/defensible,vefficie
ntvtovadminister,vcapablevofvbeingvreshapedvforvthevfuture,vappropriatevforvthevorganization,vattr
a
ct,vretain,vandvmotivatevemployees,vcreatevalignmentvofvemployeeveffortsvandvbusinessvobjectives
.
Whatvarevthevmostvcommonvobjectivesvofvcompensationvprogram?vgInternallyvequitablev&vextern
allyvcompetitive
Whatvisvessentialvwhilevdesigningvthevcompensationvprogram?vgProgramvshouldvsupportvthevorgan
ization'svbusinessvstrategy
Whichvprogramvshouldvbevdesignedvinvavwayvthatvsupportvthevbusinessvstrategy?v-
vcorrectanswers-Compensationvprogram
Whatvisvcompensationvstrategy?vgincludesvprinciplesvthatvguidevthevdesign,vimplementation,vandva
dministrationvofvavcompensationv
program.vWhatvprogramsvwillvbevusedvandvhowvwillvthevbevadministered.
WhatvarevthevcomponentsvofvBasevPayvStructurevDesign?vgJobvAnalysis,vJobvdocumentation,vJobvE
valuation,vJobvWorthvHierarchyvvallvpartsvofvavbasevpayvstructure
DefinevJobvDocumentation?vgincludesvwrittenvinfovaboutvthevjobvcontentvorvfunctionsvofvthevjobv
andvrequiredvknowledge,vskillsv andvabilitiesv(KSA's)
DefinevJobvEvaluation?vgcreatesvavjobvworthvhierarchyvusingvavmarketvdatavorvjobvcontentvapproa
ch
