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Free T1 Exam Braindumps (page: 18)

Page 17 of 37
PDF with 144 Questions

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



What phrase below best describes a benchmark job?

  1. A job being paid at the midpoint of the salary range
  2. A job that is easily defined and found in other organizations
  3. A job that is considered an outlier for purposes of market pricing
  4. A job that is held by at least 25% of an organization's workforce.

Answer(s): B



Which statement below most accurately describes a company that is using a total rewards approach?

  1. Strives to find the appropriate mix of rewards elements that attract employees
  2. Motivates employees through compensation levels much higher than the competition
  3. Offers competitive benefits so that it can pay lower wages, minimizing compensation and related expenses
  4. Hires highly motivated employees who are willing to do without work-life programs in favor of increased compensation

Answer(s): A



Which of the following identifies appropriate labor market segments and desired competitive position in the market for each employee group?

  1. The mission statement
  2. The business strategy
  3. The total rewards strategy
  4. The organizational vision.

Answer(s): C






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