Free WorldatWork GR4 Exam Questions

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Total 253 Questions | Updated On: Jan 07, 2025

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Question 1

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

Question 2

What are methods of delivery for pay increases?

A : Base salary adjustments, lump sum payments, and bonuses

B : Collective bargaining agreements and union negotiations

C : Point factor evaluations and job analysis

D : Skill development, training completion, and promotions

Answer: A

Question 3

What are some considerations when conducting market model analysis?

A : Use reliable and up-to-date market data

B : Consider industry-specific benchmarks

C : Account for regional cost of living differences

D : Analyze market trends and competitive practices

Answer: D

Question 4

What are advantages of a performance-only merit increase?

A : Provides clear differentiation based on individual performance

B : Motivates employees to improve their performance

C : Simplifies the merit increase process

D : Rewards high-performing employees more effectively

Answer: A

Question 5

What does it mean to lead-lag the market?

A : Adjusting pay based on employee performance

B : Paying employees below the market rate initially, then catching up over time

C : Paying employees above the market rate initially, then adjusting down over time

D : Adjusting pay based on market benchmarks and internal considerations

Answer: D

Page: 1 / 51

Total 253 Questions | Updated On: Jan 07, 2025

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