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Correct Answer for the Question – What guides the design of all total rewards programs? is given below What guides the design of all total rewards programs? The human resources strategy The business strategy The business vision The total rewards strategy. Correct Answer The Correct Answer for this Question is The total rewards strategy. Explanation The … Read more
Correct Answer for the Question – What should managers look at to decide of recognition should be in the form of cash or noncash? is given below What should managers look at to decide of recognition should be in the form of cash or noncash? Financial need of employee being recognized The behavior being rewarded Whether … Read more
Correct Answer for the Question – Which method of job evaluation uses a “whole -job” approach to determine the importance of each job to the company? is given below 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. Correct … Read more
Correct Answer for the Question – What best defines career opportunities in relation to total rewards? is given below What best defines career opportunities in relation to total rewards? Plans for succession of roles and responsibilities of a particular position Opportunities that promote career moves into competing organizations Plans that may include advancement into more responsible … Read more
Correct Answer for the Question – What phrase below best describes a benchmark job? is given below 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 … Read more
Correct Answer for the Question – Which of the following is a true statement regarding worldwide health care systems? is given below Which of the following is a true statement regarding worldwide health care systems? In emerging markets, health care programs are often over funded. Medicare in Canada provides health care for the elderly and Medicaid … Read more
Correct Answer for the Question – When building a job worth hierarchy, which step involves the systematic, formal study of the duties and responsibilities that comprise job content? is given below When building a job worth hierarchy, which step involves the systematic, formal study of the duties and responsibilities that comprise job content? Job analysis Job … Read more
Correct Answer for the Question – Why are lump-sum increases generally used? is given below Why are lump-sum increases generally used? To control annual fixed costs from base pay adjustments To elevate employees who are below the midpoint in the range To reward employees under short-term incentive plans To make up for benefits not provided by … Read more
Correct Answer for the Question – Which type of employees should the lowest (first) quartile be used in a merit pay system with pay ranges divided into quartiles? is given below Which type of employees should the lowest (first) quartile be used in a merit pay system with pay ranges divided into quartiles? Red-circled employees Employees … Read more
Correct Answer for the Question – Which statement below most accurately describes a company that is using a total rewards approach? is given below Which statement below most accurately describes a company that is using a total rewards approach? Strives to find the appropriate mix of rewards elements that attract employees Motivates employees through compensation levels … Read more
