1. Right Answer: B
Explanation: Answer option B is correct.Gainsharing is a compensation plan where the money saved by reducing waste is shared among the employees or project team. It can also be used as an incentive for additional revenues generated.Answer option D is incorrect. A short-term incentive usually last a year or less and the scenario doesn't indicate how long this incentive may be offered.Answer option C is incorrect. A team incentive is for a particular team to reach a common goal. This choice is tempting but gainsharing is a more accurate description of what's occurring in this scenario.Answer option A is incorrect. Profit sharing is similar to gainsharing, but the focus is one a profit goal, not a waste reduction goal.Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.Chapter: Compensation and BenefitsObjective: Compensation
2. Right Answer: B
Explanation: Answer option B is correct.When there's an emergency that requires an employee to travel after a full day's work, the employer is obligated to pay for the travel time of the employee.Answer option D is incorrect. Travel time is paid under the FLSA in some conditions.Answer option C is incorrect. All of the travel time is paid, not just half of the travel time.Answer option A is incorrect. Six hours isn't valid unless the time was now overtime work time.Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.Chapter: Compensation and BenefitsObjective: Total Rewards Defined
3. Right Answer: A
Explanation: Answer options A, D, and C are correct.The narrative methods of appraisal that require managers to describe the employee's performance are as follows:1. Critical incident review2. Field review3. Essay reviewThe critical incident review requires that during the review period supervisors make notes of successful and unsuccessful performance issues for each employee.A field review appraisal may be conducted by someone other than the supervisor. This can be a person from outside the organization.In the essay review, the reviewer has to write a short description about each employee's performance during the year.Answer option B is incorrect. There is no such narrative method of appraisal as daily review.Reference:http://www.mbanotesworld.in/2009/01/methods-of-performance-appraisal.htmlChapter: Human Resource DevelopmentObjective: Performance Appraisal
4. Right Answer: A
Explanation: Answer option A is correct.Geographic pay ensures that employees in different locations are paid at rates competitive in the labor market for specific jobs and locations.Answer option D is incorrect. If employees are called to work before or after their scheduled hours, they will get paid extra for that. This is known as call-back pay.Answer option C is incorrect. Gross pay is the amount earned by an employee before taxes are not paid.Answer option B is incorrect. If an employee is called by the employer for work and there is no work available, the employer may be required by state law or employment agreements to pay for a minimum number of hours of work. This is known as reporting pay.Chapter: Compensation and BenefitsObjective: Total Rewards Defined
5. Right Answer: B
Explanation: Answer option B is correct.Planning is the foundation for a manager to establish the goals of the organization.Answer option C is incorrect. The organization's mission statement communicates the direction, intent, and purpose of the organization.Answer option D is incorrect. Planning is to provide groundwork for the managers to achieve their goals, but for the organization to achieve its goals.Answer option A is incorrect. Planning, in project management, does provide direction to the project team to reach their goals, but in this context it's planning for the organization, not a project.HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.Chapter: Business Management and StrategyObjective: Strategy
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