Total Rewards Management Exam Questions PDF download

QUESTION: 21

Carla's job at the XYZ Company evolved over the many years she worked there. As she gained additional knowledge and skills, her responsibilities expanded into many diverse areas.
When the time came to update her job description, her supervisor asked Carla to document all of the duties she performed in her area as well as those she had taken on over the years due to her versatility. Based on the above, which of the following statements is most accurate?

The supervisor should not have asked Carla to contribute to the job description. Job descriptions should be developed only by human resources and management.
The job description will be far more relevant than before because of the addition of duties that Carla has taken on over the years.
Although it is useful to have input from the job incumbent, care should be taken to avoid basing the job description on the specific individual who is filling the job.

Answer(s): C

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QUESTION: 22

What phrase below best describes a benchmark job?

A job being paid at the midpoint of the salary range
A job that is easily defined and found in other organizations
A job that is considered an outlier for purposes of market pricing
A job that is held by at least 25% of an organization's workforce

Answer(s): B

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QUESTION: 23

When using a market pricing approach to build a base pay structure, what percentage of job content should typically be similar for a job match to be considered good for benchmarking purposes?

10% or more
30% or more
50% or more
70% or more

Answer(s): D

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QUESTION: 24

Which method of job evaluation uses a "whole-job" approach to determine the importance of each job to the company?

Job component
Ranking
Benchmark
Point factor

Answer(s): B

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QUESTION: 25

What is a primary purpose of pay grades or bands?

To identify a compensation range in which to group multiple jobs with similar value
To meet legal and regulatory requirements for classifying jobs according to market value
To provide documentation that supports termination decisions
To justify paying some employees less than market based on internal administrative limitations

Answer(s): A

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QUESTION: 25