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Global Remuneration Professional (GRP) GR1 Chance favors the prepared mind.
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GR1 PDF DEMO:
QUESTION NO: 1
What does a total rewards strategy identify?
A. The organization's reason for existence
B. The optimal mix of reward elements
C. The organization's primary competitors
D. The organization's ability to pay for performance
Answer: B
QUESTION NO: 2
Which of the following best describes a factor that has influenced the growth and change in benefits?
A. There is a decreasing number of females in the workforce.
B. Employees are expressing a greater desire for choice in their benefits.
C. Employees have longer career expectations.
D. Decreasing costs are causing growth in the numbers of benefits employers offer.
Answer: B
QUESTION NO: 3
The number of pay structures in an organization is most likely to be influenced by which of the following?
A. The diversity of jobs
B. The demographics of the workforce
C. The organization's financial condition
D. The organizations policies regarding centralized pay administration
Answer: A
QUESTION NO: 4
Which of the following is an example of a flexible work arrangement?
A. Compressed work week
B. Work redesign
C. Career flexibility
D. Full-time work
Answer: A
QUESTION NO: 5
Which of the following is a type of variable pay?
A. Salary
B. Piece rate
C. Hourly rate
D. Commissions
Answer: D
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Updated: May 26, 2022