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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. What is the minimum age for an individual to qualify for protection under the Age Discrimination in Employment Act?

A) 45
B) 40
C) 55
D) 50

2. Which of the following best describes a factor that has influenced the growth and change in benefits?

A) Decreasing costs are causing growth in the numbers of benefits employers offer.
B) Employees are expressing a greater desire for choice in their benefits.
C) Employees have longer career expectations.
D) There is a decreasing number of females in the workforce.

3. Which of the following benefits are usually offered at the discretion of the employer?

A) Disability (occupational)
B) Retirement plans
C) Unemployment insurance
D) Social security programs

4. What type of equity incentive gives employees the right to purchase company shares at a specified price?

A) Stock/share options
B) Stock/share grants
C) Restricted stock/shares
D) Performance units

5. Which of the following is typically considered a health care benefit?

A) Vision plan
B) Death benefits
C) Defined contribution plan
D) Defined benefit plan

Solutions: