Free GR1 Exam Braindumps (page: 12)

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What type of equity incentive gives employees the right to purchase company shares at a specified price?

  1. Stock/share options
  2. Stock/share grants
  3. Restricted stock/shares
  4. Performance units

Answer(s): A



Which of the following are the two primary elements of benefits?

  1. Mental health coverage and health care coverage
  2. Pay for time not worked and income protection programs
  3. Unemployment and disability
  4. Defined contribution and defined benefits plans

Answer(s): B



Which of the following benefits are usually offered at the discretion of the employer?

  1. Retirement plans
  2. Unemployment insurance
  3. Social security programs
  4. Disability (occupational)

Answer(s): A



Which statement is most accurate regarding the effect of taxation on the benefits that employers offer?

  1. Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.
  2. Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.
  3. Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost-sharing basis.

Answer(s): C






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