Worldatwork Exam GR1 Topic 2 Question 94 Discussion

Actual exam question for Worldatwork's GR1 exam

Question #: 94
Topic #: 2

[All GR1 Questions]

What is the purpose of the annual total rewards statement?

ATo explain the various rewards programs available to employees

BTo describe the tax implications of different rewards

CTo summarize for senior management the total expense attributable to rewards programs

DTo individually quantify the value of employees' total rewards packages

Show Suggested Answer

Suggested Answer: D

by Albina at Feb 06, 2025, 11:59 PM

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Sang

3 days ago

I bet the HR team spends hours crunching the numbers for these statements. Probably need a degree in accounting to decipher it all!

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Evangelina

5 days ago

I believe it also helps senior management see the total expense of rewards programs.

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Leatha

8 days ago

Option D seems like the most logical choice here. Employees should know the full worth of their rewards package, not just the cash component.

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Argelia

11 days ago

I agree with Adelaide. It helps employees understand what they're getting.

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Arlette

13 days ago

The annual total rewards statement is like a financial report card for employees - it shows them the true value of their compensation beyond just their salary.

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Adelaide

19 days ago

I think the purpose is to explain the rewards programs available.

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