WorldatWork C1 Exam Questions Free Practice Test

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Questions # 1:

Step-rate increase programs provide employees the opportunity to receive two regular pay increases at which points?

Options:

At established dates and then every six months thereafter

On January 1 and July 1 of each year

Once when they move a step, and again when the step value changes

At the anniversary date and at the annual merit increase date

Expert Solution

Questions # 2:

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

Options:

Stock/share options

Stock/share grants

Restricted stock/shares

Performance units

Expert Solution

Questions # 3:

Which of the following is a type of variable pay?

Options:

Pay for time not worked

Hourly pay

Bonuses

Piece rate

Expert Solution

Questions # 4:

What statement is most accurate regarding compensation communications with employees at varying levels?

Options:

They tend to be fairly consistent because the elements of pay may differ, but the concerns are universal.

They generally require a greater degree of detail for lower level employees who have less of an understanding of pay plan design.

They usually require more detail for senior employees regarding plan details and performance and the needs from one employee group to another can vary greatly.

They should be kept to a minimum for employees at all levels to maximize efficiency and efforts can be focused only on those who have questions.

Expert Solution

Questions # 5:

Which of the following is typically considered a health care benefit?

Options:

Defined benefit plan

Death benefits

Defined contribution plan

Vision plan

Expert Solution

Questions # 6:

What best describes the most effective tactic for getting stakeholders’ attention and buy-in?

Options:

Ask them to review or provide feedback, especially on something you have done for them

Talk to the individuals they report to in advance and gain their support so the stakeholders realize upper management already supports your position

Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections

Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern

Expert Solution

Questions # 7:

Which employees are covered by the National Labor Relations Act?

Options:

City, state and federal government employees

Airline and railroad employees

Employee who work for companies that sell goods in various states

Expert Solution

Questions # 8:

What is one reason that it is important to perform a periodic audit of processes and results?

Options:

It is required by the Department of Labor

It is required in determining increase budgets

It determines what information and data sources will be used in the audit

It builds in a process of continuous improvement

Expert Solution

Questions # 9:

Your company has had a strong fiscal year with a 15% increase in net income over the prior fiscal year. Share prices are at an all time high. Working with Finance, you have arrived at a 2.5% merit increase budget for the next fiscal year, a smaller increase than the last fiscal year. Finance has indicated that some large capital expenditures will be needed next year, so the company needs to conserve resources. Additionally, Legal is in final negotiations on a lawsuit that may be very costly to the company. Word of the smaller increases has line management concerned that they will lose their best performers. Given all of these factors, what is your best course of action?

Options:

Implement the merit increase budget as is because the anticipated financial obligations have made it necessary

Meet with Finance and make a case for a larger merit increase budget because the loss of key talent will cost more over the long term than the savings from the smaller merit increases

Gather the perspectives of all stakeholders, analyze their individual concerns and meet to determine whether a compromise solution is possible

Recommend a reduction in force to eliminate poor performers, which will increase the merit budget by reducing headcount

Expert Solution

Questions # 10:

Under the Equal Pay Act, which is an acceptable defense to justify differences between the rates of pay for men and women assigned to the same job?

Options:

The male employees have substantially more education than the female employees.

All of the women have some professional certification or registration, whereas none of the men have comparable credentials.

The differential is due to the fact that the men have more seniority with the employer.

The women are all graduates of the most prestigious schools, and graduates from those schools command higher salaries.

Expert Solution

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