CHRP Diagnostic Exam - Total Rewards

CHRP Diagnostic Exam - Total Rewards

Question 1 of 18

1

When employees are enthusiastic about contributing to a company's success, they
have excellent:

Select one of the following:

  • Membership behaviour

  • Task behaviour

  • Organizational citizenship behaviour

  • Job satisfaction behaviour

Explanation

Question 2 of 18

1

Which of the following is an example of "indirect pay"?

Select one of the following:

  • Progression adjustment

  • Merit adjustment

  • Base Pay

  • Vacation pay

Explanation

Question 3 of 18

1

Which of the following statements is false about compa-ratio?

Select one of the following:

  • Compa-ratio will go up if an early retirement program for long-term
    employees is introduced.

  • Compa-ratio will go up if a downsizing is done by reverse seniority.

  • Compa-ratio will go down with the hiring of many new grads.

  • Compa-ratios less than 1 are acceptable.

Explanation

Question 4 of 18

1

Which of the following statements about compensation surveys is false?

Select one of the following:

  • The mathematical middle of a data set is its average.

  • The 75th percentile is 25 percent higher than the 50th percentil

  • A weighted average is a mean that has been adjusted to reflect the size of
    the organizations in the survey.

  • The median is the value in a ranking of pay levels below which half the
    employers are paid less.

Explanation

Question 5 of 18

1

Which of the following is a long-term compensation plan?

Select one of the following:

  • Goal-sharing plan

  • Competitive bonus plan

  • Gain-sharing plan

  • Share purchase plan

Explanation

Question 6 of 18

1

Which of the following statements is false about reinforcement theory?

Select one of the following:

  • Positive reinforcement increases positive behaviour.

  • Extinction decreases negative behaviour.

  • Negative reinforcement decreases positive behaviour.

  • Punishment decreases negative behaviour.

Explanation

Question 7 of 18

1

Which of the following terms is associated with equity theory?

Select one of the following:

  • Procedural Justice

  • Instrumentality

  • Valence

  • Task Significance

Explanation

Question 8 of 18

1

When a job is designed to enable the employee to perform the complete cycle of
job activities, the employee will enjoy __________ the job provides.

Select one of the following:

  • High task significance

  • High skill variety

  • High job autonomy

  • High task identity

Explanation

Question 9 of 18

1

What compensable factors are required in a job evaluation process for it to be
compliant with the pay equity legislation?

Select one of the following:

  • Education, experience, authority, performance

  • Skill, effort, responsibility, working conditions

  • Knowledge, skill, experience, working conditions

  • Job class, gender dominance, career level, internal equity

Explanation

Question 10 of 18

1

Which of the following statements is true about a broadband base pay structure?

Select one of the following:

  • It is most appropriate for unionized environments.

  • It is less flexible than a standard pay structure.

  • It has fewer pay bands than a standard pay structure.

  • It results in a higher incidence of promotions.

Explanation

Question 11 of 18

1

Which of the following is NOT an element of job enrichment?

Select one of the following:

  • Job autonomy

  • Job enlargement

  • Task identity

  • Skill variety

Explanation

Question 12 of 18

1

Which of the following employee reward is a good long-term retention strategy?

Select one of the following:

  • Stock options

  • Commission

  • Piece work

  • Gain sharing

Explanation

Question 13 of 18

1

Which of the following is a design consideration when designing profit-sharing
plans?

Select one of the following:

  • Establishing the share price

  • Establishing the vesting period

  • The size of base pay reductions needed to fund the pool

  • Employee eligibility

Explanation

Question 14 of 18

1

Which of the following statements is false about the job evaluation process?

Select one of the following:

  • It is the process of collecting information on which job descriptions are
    based.

  • It establishes the internal equity between jobs.

  • It can be an adversarial process.

  • It defines the criteria for determining job value.

Explanation

Question 15 of 18

1

Which of the following is the simplest job evaluation process?

Select one of the following:

  • Factor comparison method

  • Ranking method

  • Classification method

  • Point factor method

Explanation

Question 16 of 18

1

The first step in analyzing compensation survey data is:

Select one of the following:

  • Establishing relative pay grades and ranges

  • Calculating compa-ratios

  • Correlating job evaluation points with the market data

  • Assessing measures of central tendency and variation

Explanation

Question 17 of 18

1

What should employees expect under an employee stock bonus plan?

Select one of the following:

  • Employees receive shares at no cost.

  • Employees are able to purchase company shares based on performance.

  • Employees receive a bonus equivalent to the increase in company share
    value.

  • Employees receive the cash value of phantom shares.

Explanation

Question 18 of 18

1

Which of the following theories states that stimulus leads to response that leads to
consequence?

Select one of the following:

  • Punishment

  • Consequence

  • Reinforcement

  • Equity

Explanation

Previous
Next