T1-GR1 Total Rewards Management Exam

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Showing 4–6 of 10 questions

Question 4

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

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  • Job component

  • Ranking

  • Benchmark

  • Point factor

Question 5

What best describes the two primary elements of compensation?

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  • Fixed pay and variable pay

  • Base pay and annual incentives

  • Direct and indirect compensation

  • Salary and hourly rate.

Question 6

Which of the following is a type of variable pay?

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  • Salary

  • Piece rate

  • Hourly rate

  • Commissions.