C236 Comp and Benefits End of Course Test Exam Questions With 100% Correct Answers

C236 Comp and Benefits End of Course Test Exam Questions With 100% Correct Answers Independent contractors typically set their own hours because: A. They have busy lives B. They can have a "proper" work/life balance C. They are on a project basis and have opportunities for profit and loss D. None of the above - answerC Performance-based pay draws upon the ___________________ step to obtain ratings of an employee's past performance. A. Partial appraisal B. Performance management C. Partial management D. Performance appraisal - answerD Which of the following is not considered insurance? A. Dental B. Health C. Surgery D. Vision - answerC Which statistical analysis will produce a value-reward line? A. Correlation B. P-Value C. Regression D. All of the above - answerC An Anchored Rating Scale: A. Defines typical behaviors to understand point value system B. Defines typical behaviors to understand how to develop a benefits program C. Defines typical behaviors to understand how to create business strategy D. None of the above - answerA Job and pay form-specific reward strategies allows for: A. Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms B. Maximum customization as the organization positions its pay similar to the market differently for different jobs and pay forms C. Maximum customization as the organization positions its pay relative to the market similar for different jobs and pay forms D. Minimum customization as the organization positions its pay relative to the market differently for different jobs and pay forms - answerB Designing a reward system requires careful consideration of the consequences that follow performance-related behavior at work. TrueFalse - answerA Within the Role and Control Strategy, an organization can choose to do which of the following: A. Centralized approach B. Decentralized approach C. Both A & B D. None of the above - answerC Dispersion tells us that whatever number we use to represent the central tendency of the data, that number is a less accurate indicator of the data as the dispersion increases. A. True B. False - answerA The goal of these systems is to align both the incentives for employees and the variable labor costs with the interests of the organization. A. True B. False - answerA The reward-level strategy refers to: