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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which type of base pay is typically based on an individual employee's rate of production?

A) Production rate
B) Salary
C) Piece rate
D) Hourly rate

2. Which of the following is a type of variable pay?

A) Salary
B) Piece rate
C) Commissions
D) Hourly rate

3. How do commissions typically differ from annual incentives for non-executive employees?

A) They are based on a predetermined performance and reward schedule.
B) They tend to make up the larger portion of an employee's total compensation.
C) They are offered to motivate employee performance.
D) They are intended to align the interests of the employee with those of the organization.

4. What is the term for the skills, technologies, applications and practices of continuous iterative exploration and investigation of past business performance used to gain insight and drive business planning?

A) Business forecasting
B) Statistical analysis
C) Business analytics
D) Predictive modeling

5. What information do EEO posters provide to employees?

A) Employee rights under the H-2A Program
B) Various federal minimum wage rules
C) Laws and rules for employee polygraph protection
D) Laws and procedures for filing complaints

Solutions: