Base Pay Administration and Pay for Performance - GR4/C4

Base Pay Administration and Pay for
Performance - GR4/C4


WhatvisvthevdefinitionvofvTotalvRewards?v-vcorrect-answers-thevmonetaryvandvnon-
monetaryvreturnsvprovidedvtovemployeesvinvexchangevforvtheirvtime,vtalents,veffortsvandvresults



Whatvarevthevdriversvshapevthevtotalvrewardsvmix?v-vcorrect-answers-
Thevorganizationalvculture,vbusinessvandvHRvstrategies



Whichvelementvgivesvspecialvattentionvtovemployeesvaction,veffort,vbehaviorvorvperformance?v-
vcorrect-answers-Recognition




Organizationalvpractices,vpolicies,vandvprograms,vplusvavphilosophyvtovhelpvemployeevachievevsucc
essvatvhomevandvwork,vwhichvofvthevelementvofvtotalvrewardsvisvthis?v-vcorrect-answers-Work-life



Cashvprovidedvbyvanvemployervtovanvemployeevforvservicesvrendered,vwhichvelementvisvthis?v-
vcorrect-answers-Compensation




Programsvthatvanyvemployervusesvtovsupplementvthevcashvcompensationvanvemployeevreceives,vw
hichvelementvisvthis?v-vcorrect-answers-Benefits

,Whichvelementvcomprisesvlearningvexperiencesvdesignedvtovenhancevemployees'vskillsvandvcomp
etencies?v-vcorrect-answers-Development



Invwhichvelementvinvolvevplansvtovhelpvemployeesvpursuevtheirvcareervgoals?v-vcorrect-answers-
CareervOpportunities



Whichvelementvinvolvesvthevalignmentvandvsubsequentvassessmentvofvorganizational,vteamvandvi
ndividualveffortsvtowardvthevachievementvofvbusinessvgoalsvandvorganizationalvsuccess?v-vcorrect-
answers-Performance



Whichvcompensationvisvnondiscretionaryvthatvdoesvnotvvaryvaccordingvtovperformancevorvresultsv
achieved?v-vcorrect-answers-Fixedvpayvorvbasevpay



Whichvstatementvdescribevbestvthevvariablevpay?v-vcorrect-answers-
Compensationvthatvisvcontingentvonvdiscretion,vperformancevorvresultsvachieved



WhichvofvthevfollowingvstrategyvdrivesvHRvandvTotalvrewardsvstrategies?v-vcorrect-answers-
Businessvstrategy



WhichvstrategyvisvkeyvtovdevelopmentvofvHRvstrategy?v-vcorrect-answers-Businessvstrategy



Whatvisvthevflowvofvactivitiesvwhenvdevelopingvthevtotalvrewardsvdesignvprocess?v-vcorrect-
answers-Vision,vmission,vbusinessvstrategyv&vHRvstrategy



Thevtotalvrewardsvdesignvbeginsvwithvwhichvofvthevbelowvprocess?v-vcorrect-answers-
Corporatevvisionvandvmission



Whatvbestvdescribesvthevreasonvwhyvthevtotalvrewardsvdesignvmodelvisvcircular?v-vcorrect-
answers-Thevprocessvshouldvnotvbecomevtoovfarvremovedvfromvthevcorporatevmission

,Wherevdoesvbasevpayvfitvwithinvthevorganization'svbusinessvstrategy?v-vcorrect-answers-
Anvorganizationvmustvfirstvunderstandvitsvcompensationvstrategyvandvphilosophy



Whatvisvcompensationvphilosophy?v-vcorrect-answers-
Statementvofvwhatvthevorganizationvbelievesvaboutvhowvpeoplevshouldvbevpaid.vItvshouldvsupportv
thevbusinessvstrategyvandvbevavgoodvfitvwithvthevorganization'svculture



Whatvarevthevcompensationvprogramvobjectives?v-vcorrect-answers-
Internallyvequitable,vexternallyvcompetitive,vaffordable,vunderstandable,vlegal/defensible,vefficie
ntvtovadminister,vcapablevofvbeingvreshapedvforvthevfuture,vappropriatevforvthevorganization,vattra
ct,vretain,vandvmotivatevemployees,vcreatevalignmentvofvemployeeveffortsvandvbusinessvobjectives
.



Whatvarevthevmostvcommonvobjectivesvofvcompensationvprogram?v-vcorrect-answers-
Internallyvequitablev&vexternallyvcompetitive



Whatvisvessentialvwhilevdesigningvthevcompensationvprogram?v-vcorrect-answers-
Programvshouldvsupportvthevorganization'svbusinessvstrategy



Whichvprogramvshouldvbevdesignedvinvavwayvthatvsupportvthevbusinessvstrategy?v-vcorrect-
answers-Compensationvprogram



Whatvisvcompensationvstrategy?v-vcorrect-answers-
includesvprinciplesvthatvguidevthevdesign,vimplementation,vandvadministrationvofvavcompensationv
program.vWhatvprogramsvwillvbevusedvandvhowvwillvthevbevadministered.



WhatvarevthevcomponentsvofvBasevPayvStructurevDesign?v-vcorrect-answers-
JobvAnalysis,vJobvdocumentation,vJobvEvaluation,vJobvWorthvHierarchyv-
vallvpartsvofvavbasevpayvstructure

, DefinevJobvDocumentation?v-vcorrect-answers-
includesvwrittenvinfovaboutvthevjobvcontentvorvfunctionsvofvthevjobvandvrequiredvknowledge,vskillsv
andvabilitiesv(KSA's)



DefinevJobvEvaluation?v-vcorrect-answers-
createsvavjobvworthvhierarchyvusingvavmarketvdatavorvjobvcontentvapproach



DefinevJobvWorthvHierarchyv(JWH)?v-vcorrect-answers-
illustratesvwhereveachvjobvfitsvrelativevtovothervjobs



DefinevBasevPayvStructure?v-vcorrect-answers-
createdvaftervjobvevaluationvprocessvandvJWHvandvutilizedvasvframeworkvforvpayvdecisions



Jobvanalysisvandvjobvdocumentationvprovidevthevinformationvneededvtovcompletevwhichvprocess?v
-vcorrect-answers-Jobvevaluation



Whatvarevthevbasevpayvstructurevdesignvrequiredvtovcompletevthevjobvevaluationvprocess?v-
vcorrect-answers-Jobvanalysisvandvjobvdocumentation




Whatvisvthevkeyvcomponentvofvcompensationvstrategy?v-vcorrect-answers-
howvthevorganizationvintendsvtovpayvrelativevtovitsvcompetitorsvforvpeoplev.vi.e.vthevdesiredvmarket
vposition




Whichvarevthevbasevpayvstructurevdesignvlayvthevfoundationvforvthevbasevpayvstructure?v-vcorrect-
answers-Jobvevaluationvprocessvandvjobvworthvhierarchy



JobvEvaluationvProcessv-vcorrect-answers-
jobvanalysisvandvdocumentationvprovidevthevinformationvtovdovthis