Free WorldatWork GR4 Exam Questions

Become WorldatWork Certified with updated GR4 exam questions and correct answers

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Total 253 Questions | Updated On: Nov 13, 2024

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Question 1

What are some characteristics of market data pricing or slotting?

A : It relies on salary survey data from external sources

B : It provides a standardized pay structure across industries

C : It considers market trends and competition for talent

D : All of the above

Answer: D

Question 2

What best defines base pay?

A : The minimum wage mandated by the government

B : The average pay in a specific industry

C : The starting salary for a new employee

D : The fixed portion of compensation for a job

Answer: D

Question 3

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 4

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 5

What are two timing options for merit pay programs?

A : Annual and quarterly

B : Biennial and ad hoc

C : Semi-annual and monthly

D : Seasonal and weekly

Answer: A

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Total 253 Questions | Updated On: Nov 13, 2024

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