WorldatWork C1 : Regulatory Environments for Compensation Programs

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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which of the following are the two primary elements of benefits?

A) Unemployment and disability
B) Pay for time not worked and income protection programs
C) Mental health coverage and health care coverage
D) Defined contribution and defined benefits plans

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

A) At the anniversary date and at the annual merit increase date
B) At established dates and then every six months thereafter
C) Once when they move a step, and again when the step value changes
D) On January 1 and July 1 of each year

3. Which of the following acts is focused on employers with service contracts with the government?

A) McNamara-O'Hara Act
B) Davis-Bacon Act
C) Sherman Antitrust Act
D) National Labor Relations Act

4. Which of the following best describes a factor that has influenced the growth and change in benefits?

A) Employees are expressing a greater desire for choice in their benefits.
B) Employees have longer career expectations.
C) There is a decreasing number of females in the workforce.
D) Decreasing costs are causing growth in the numbers of benefits employers offer.

5. Who are you most likely to hear from if there are questions about an employee's compensation?

A) The employee's manager
B) A concerned co-worker
C) The employee's department head
D) The employee

Solutions: