Cash compensation is a reward intended to provide what type of motivation?

• A.Extrinsic
• B.Intrinsic

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Which of the following statements is most accurate regarding pay grades/bands?

• A.They represent the difference between the midpoint and the maximum of a given salary grade
• B.They may overlap with minimums and maximums falling within adjoining grades
• C.They include incentives that are paid out at certain times of the year
• D.They identify the actual compensation paid to each employee

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Which of the following is a true statement regarding the talent development needs of employees?

• A.Obtaining and developing skills provides leverage for the employee to seek more compensation.
• B.Opportunities for career advancement are important to employees in their decisions to either join or leave an organization.
• C.If employees believe their skills will fall behind their professional peers, they will be afraid to look for another job.

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In which of the following plan contribution models have medical plans traditionally been offered?

• A.Defined contribution
• B.Defined benefit
• C.Consumer-Driven Health Care
• D.Preferred Provider Option

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Which of the following is the best definition of variable pay?

• A.Compensation that is determined by the organization's pay structure
• B.Compensation that is contingent on discretion, performance or results
• C.Compensation that is given in the form of perquisites such as a company car, fitness membership, paid training, etc.
• D.Compensation that is nondiscretionary and does not vary according to performance or results

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