Pass the WorldatWork Global Remuneration Professional GRP GR1 Questions and answers with CertsForce

Job component

Ranking

Benchmark

Point factor

Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.

Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.

Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost-sharing basis.

Financial

Intrinsic

Retirement

Insurance

Salary

Piece rate

Hourly rate

Commissions

A contribution of money to a nonprofit entity where a company employee volunteers

A donation of vacation time to others facing emergency situations

An arrangement to ensure adequate coverage of service during employees' vacations

An executive loan to worthy organizations for a period of time

Avoid discussing them

Focus the entire appraisal on the areas that need attention

Balance every deficiency with a compliment, even if the compliments are for minor accomplishments

Provide specific information about deficiencies that affect performance

Immediately or shortly after making a positive contribution

Shortly after the performance review

During the merit increase process

At the beginning of each month