Free SPHR Exam Braindumps (page: 17)

Page 17 of 168

Which of the following is an example of a nonqualified deferred-compensation plan?

  1. An excess-deferral plan
  2. A target-benefit plan
  3. A money-purchase plan
  4. A cash-balance plan

Answer(s): A

Explanation:

Answer option A is correct. An excess-deferral plan makes up the difference between what an executive could have contributed to a qualified plan if there had not been a limit on contributions and how much was actually contributed because of the discrimination test required by ERISA. These plans are nonqualified because they are not protected by ERISA; they are limited to a small group of executives or highly compensated employees. A target-benefit plan (B) is a hybrid with elements of defined-benefit and money-purchase plans. A money-purchase plan (C) defers a fixed percentage of employee earnings. A cash-balance plan (D) combines elements of defined-benefit and defined-contribution plans. See Chapter 6 for more information.
Chapter: Compensation and Benefits
Objective: Benefits



COBRA, the Consolidated Omnibus Budget Reconciliation Act, requires some organizations to offer continuation of group health care coverage to employees and family members based on certain qualifying events. How many employees must exist within an organization for COBRA requirements to be enforced?

  1. 10
  2. 20
  3. 50
  4. 100

Answer(s): B


Reference:

PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Six: Total Rewards. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586- 44149-4, Section III, The US HR Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Benefits



Robert is the HR Professional for his organization and he's speaking with the federation chairman about the labor and the direction of unions. What is a federation?

  1. A federation is the same as a union.
  2. A federation is a group of national unions.
  3. A federation is a union that has international members.
  4. A federation is the governing body of a union.

Answer(s): B


Reference:

PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Seven:
Employee and Labor Relations. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Executive Compensation



An employee has come forward with an allegation of quid pro quo harassment by her supervisor. As the HR manager, you are responsible for investigating the complaint. The supervisor in question is someone with whom you have become quite friendly. In this case, who is the best person to conduct the investigation?

  1. You
  2. The corporate attorney
  3. The direct manager of the accused supervisor
  4. A third-party investigator

Answer(s): D

Explanation:

Answer option D is correct. In this case, the organization will be best served by a third-party investigator. The most important consideration in an investigation of sexual harassment is that the investigator is seen as credible and impartial. Because you have become friendly with the accused, it will be difficult to maintain impartiality during an investigation. While the corporate attorney (B) may be selected to conduct investigations, this solution can lead to conflict-of-interest issues. The direct manager of the accused supervisor (C) may not be viewed as impartial by the accuser or by regulatory agencies. See Chapters 2 and 8 for more information.
Chapter: Employee and Labor Relations
Objective: Federal Employment Legislation



Page 17 of 168



Post your Comments and Discuss HRCI SPHR exam with other Community members:

Paul commented on January 18, 2023
Qustions are very close to real exam. I passed yesterday.
UNITED STATES
upvote