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Exam GR1 Topic 3 Question 76 Discussion
Worldatwork Exam GR1 Topic 3 Question 76 Discussion
Actual exam question for Worldatwork's GR1 exam
Question #: 76
Topic #: 3
[All GR1 Questions]
What is the purpose of the annual total rewards statement?
A
To explain the various rewards programs available to employees
B
To describe the tax implications of different rewards
C
To summarize for senior management the total expense attributable to rewards programs
D
To individually quantify the value of employees' total rewards packages
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Suggested Answer:
D
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Jun 02, 2024, 03:12 AM
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Lorrine
2 months ago
Wait, it's for senior management to know the total cost of all these rewards? That's just asking for trouble, if you ask me.
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Whitney
1 months ago
Yeah, but it could also lead to potential backlash from employees if they feel undervalued.
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Garry
2 months ago
It helps them make informed decisions about budgeting and resource allocation.
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Dong
2 months ago
I think it's important for senior management to understand the total cost of rewards.
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Lang
2 months ago
Hmm, I think it's to explain all the different rewards programs. How else are we supposed to know what's available to us?
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Sheridan
2 months ago
The annual total rewards statement is definitely to quantify the value of my package. That's the only way I can make sure I'm getting what I deserve!
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Starr
2 months ago
I always look forward to seeing the breakdown of my total rewards.
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Elliot
2 months ago
I think it also helps us understand the full picture of our compensation.
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Reena
2 months ago
I agree, it's important to know the value of what we're getting.
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Virgie
3 months ago
I believe it also helps senior management see the total expense.
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Cletus
3 months ago
I agree with Carlton, it helps employees understand what they're getting.
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Carlton
3 months ago
I think the purpose is to explain the rewards programs.
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Lorrine
2 months agoWhitney
1 months agoGarry
2 months agoDong
2 months agoLang
2 months agoSheridan
2 months agoStarr
2 months agoElliot
2 months agoReena
2 months agoVirgie
3 months agoCletus
3 months agoCarlton
3 months ago