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Which of the following best describes severance allowances?

  1. A portion of one's salary paid during reserve duty and military leave
  2. A practice of paying a lump sum to employees during a company shutdown
  3. A continuation of an employee's salary after termination
  4. A continuation of a portion of an employee's salary to a beneficiary after the death of an employee

Answer(s): C



Why are lump-sum increases generally used?

  1. To control annual fixed costs from base pay adjustments
  2. To elevate employees who are below the midpoint in the range
  3. To reward employees under short-term incentive plans
  4. To make up for benefits not provided by the organization.

Answer(s): A



What employee needs are most commonly addressed by work-life programs?

  1. Financial
  2. Intrinsic
  3. Retirement
  4. Insurance.

Answer(s): B



How should learning opportunities to accomplish a career plan best be determined?

  1. By considering emerging and future trends in the employee's professional field
  2. By considering what opportunities would enable the employee to move to competing organizations
  3. By considering how much the employee likes his or her current position
  4. By considering the minimum competencies needed to move up to the next pay grade.

Answer(s): A






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