Free Online WorldatWork GR4 Practice Test

Prepare Your WorldatWork GR4 Exam Questions with Free online GR4 Practice Test. Get Brilliant Base Pay Administration and Pay for Performance Exam Results with Valid GR4 Exam Dumps.

Page: 1 / 51

Total 253 Questions | Updated On: May 15, 2024

Add To Cart

Question 1

When developing a base pay policy line, it is most important to reconcile it with which of the following?

A : The consumer price index (CPI)

B : The rate of inflation

C : The compensation strategy

D : The base pay policy lines of local competitors

Answer: C

Question 2

What are the three basic approaches to pay structure design?

A : Job-based, market-based, and broadbanding

B : Point factor, ranking, and classification

C : Pay grades, pay ranges, and pay compression

D : Salary surveys, market pricing, and pay differentials

Answer: A

Question 3

How does size impact merit pay programs?

A : Larger organizations tend to offer higher merit increases

B : Smaller organizations have more flexibility in merit budgets

C : Merit pay programs are not impacted by organizational size

D : Merit pay programs are standardized regardless of organization size

Answer: B

Question 4

What are some issues to consider when developing a point factor-based pay structure?Reliability and validity of job evaluation factors

A : Reliability and validity of job evaluation factors

B : Market pricing data and pay compression

C : Union agreements and collective bargaining considerations

D : Geographic differentials and cost of living adjustments

Answer: A

Question 5

What is a market data job evaluation approach?

A : Evaluating jobs based on their market value in relation to other organizations

B : Evaluating jobs based on the internal value and hierarchy within the organization

C : Evaluating jobs based on the performance and contributions of the employees

D : Evaluating jobs based on the knowledge, skills, and competencies required

Answer: A

Page: 1 / 51

Total 253 Questions | Updated On: May 15, 2024

Add To Cart