When jobs were grouped into ________, it was for the purpose of treating them the same for compensation purposes.

• Grades and threads
• Bands and threats
• Bands and threads
• Grades and bands

Broadbanding allows employees to do all of the following except:

• Join and exit multiple organizational teams
• Be promotable within a given time period
• Modify their role in the organization
• Manage lateral changes in their career

In choosing benchmark jobs, organizations should be careful to ensure adequate representation for all of the following EXCEPT:

• Different job families
• Government mandates
• Career points
• Organizational levels

A collaborative environment is ________.

• where individuals work by themselves, but struggle to be creative, solve problems, and produce results
• where teams of employees work together, but tend to not be creative, solve problems, or produce results
• where teams of employees work in concert to be creative, solve problems, and produce results
• where individuals work by themselves to be creative, solve problems, and produce results

Differentiations in pay should only be made when they are clearly ________ and worth the potential tradeoffs.

• Expensive
• Defensible
• Forgettable
• Understandable

What is the median?

• The lowest number
• The average number
• The middle number
• The highest number

The mean can be heavily influenced by:

• Outliers
• Organizational cultures
• Median
• Market trends

A pay-form specific rewards strategy means:

• Varying pay level strategy within job families
• Varying pay level strategy across reward types
• Varying pay level strategy within job functions
• Varying pay level strategy among the organization

A drawback to designing your own survey is:

• Price
• Industry specificity
• Time
• Accuracy

Dispersion represents:

• The gap between two data points
• The gap between industries
• The gap between lower and higher level employees
• The gap between the highest and lowest data point

Which of the following is NOT a primary concern when integrating data from multiple rewards surveys?

• Matching benchmark jobs
• Aging the data
• Understanding government mandates
• Pay forms

What is a reward survey?

• A survey published by the government to employers to understand rewards offered
• Aggregations of reward information gathered from other market organizations
• Aggregations of reward information given to employers to understand rewards offered
• A survey designed to understand employees’ desire for rewards

The purpose of grades is to:

• Allow jobs that create a different amount of value for the organization to be treated in the same way.
• Allow jobs that create the same amount of value for the organization to be treated in the same way.
• Allow jobs that create the same amount of value for the organization to be treated in a different way.
• Allow jobs that create a different amount of value for the organization to be treated in a different way.

In the United States, the ________ conducts a National Compensation Survey to measure broad reward practices and levels.

• Bureau of Animal Rights
• American Management Associates
• Society of Human Resources Management
• Bureau of Labor Statistics

Which of the following is NOT a readily available way of obtaining reward information?

• Government compensation plans
• Popular press
• Competitors’ compensation plans
• Self-report

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