Free SPHR Exam Braindumps (page: 94)

Page 94 of 168

Which of the following is best defined as a benefit plan that makes contributions based on a percentage of company earnings each year?

  1. Money purchase plan
  2. Target benefit plan
  3. 401(k) plan
  4. Profit sharing plan

Answer(s): D


Reference:

Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470- 43096-5. Chapter Six: Total Rewards. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Total Rewards Defined



Which of the following is paid to employees who are called to work before or after their scheduled hours?

  1. Base pay
  2. Call-back pay
  3. Gross pay
  4. Hazard pay

Answer(s): B

Explanation:

Answer option B is correct. Call-back pay is paid to employees who are called to work before or after their scheduled hours. Answer option A is incorrect. Base pay is the foundation of an employer's compensation program because it reflects the value placed on individual jobs by the organization. Answer option C is incorrect. Gross pay is the amount earned by an employee before taxes are not paid. Answer option D is incorrect. Hazard pay is additional pay for working in dangerous conditions.
Chapter: Compensation and Benefits
Objective: Total Rewards Defined



DRAG DROP
Match the ways of managing risks with their examples.

  1. The Answer is Exhibit B.

Answer(s): A

Explanation:

Risks can be managed in one of the following ways:
Chapter: Risk Management
Objective: Risk Management



Which of the following occurs in violation of a contract clause prohibiting strikes during the term of the contract?

  1. Wildcat strike
  2. Lockout
  3. Strike
  4. Involuntary exit

Answer(s): A

Explanation:

Answer option A is correct. A wildcat strike occurs in violation of a contract clause prohibiting strikes during the term of the contract. Answer option C is incorrect. A strike occurs when the union decides to stop working. Answer option B is incorrect. A lockout occurs when management shuts down operations to keep the union from working. Answer option D is incorrect. Involuntary exits is process that occurs due to mergers, outsourcing or changing business needs. It also occurs due to terminations for cause, such as performance problems, etc.
Chapter: Employee and Labor Relations
Objective: Union Organization



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