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Practice Worldatwork GR4 Exam Questions

1. Page: 1/51
  Total 251 Questions
Question No 1

What is a key component for determining the number of pay grades for a given organization?

Choose the Choices:

The number of responsibility distinctions evident in the organization

The number of hourly employees in the organization

The education level of the supervisors/managers in the organization.

A
Question No 2

Which of the following is one of the most common compensation program objectives?

Choose the Choices:

Ensuring external competitiveness

Paying at the median or 50th percentile

Deferring compensation expenses

Competitive base and highly leveraged incentives

A
Question No 3

Which of the following best defines base pay?

Choose the Choices:

Variable compensation paid on a weekly basis to an employee

Fixed compensation paid to an employee for performing specific job responsibilities

The cash compensation paid for goal attainment

Payment based on an individual's rate of production.

B
Question No 4

Which statement is most accurate regarding the market data approach to job evaluation?

Choose the Choices:

Job descriptions are used to match survey data

At least 20% of jobs should be benchmarked

Internal job worth is more important than external job values

Jobs with no market data cannot be prices

A
Question No 5

What is a reason for establishing a job worth hierarchy?

Choose the Choices:

To determine appropriate placement of anchor points during the job evaluation

To prove that job grades are not needed in an organization.

To establish midpoint differentials for managers and subordinates

To determine equity among both positions and groups of positions.

D
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