HRCI PHR Exam Practice Questions (P. 2)
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Question #6
Your organization has a retirement benefits plan that is covered by ERISA . Under ERISA, which of the following is your organization required to do for the plan participants?
- AProvide each participant with plan information, specifically about the features and funding of the plan through a summary plan description at a cost of no more than $7 per participant, per year.
- BProvide each participant with plan information, specifically about the features and funding of the plan through a summary plan description at no cost.
- CProvide each participant with monthly plan information, specifically about the features and funding of the plan through a summary plan description at no more than $7 per participant, per month.
- DProvide each participant with monthly plan information, specifically about the features and funding of the plan through a summary plan description at no cost.
Correct Answer:
B
B
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Question #7
Fran is a HR Professional for her organization and she is interviewing applicants for a warehouse position. One of the candidates has written on his application that he speaks Spanish. Fran interviews this candidate in Spanish and interviews all other candidates in English. This is an example of what?
- ADisparate treatment
- BDisparate impact
- CAccommodation
- DPerpetuating past discrimination
Correct Answer:
A
A
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Question #8
As a Senior HR Professional, you should be familiar with non-monetary rewards that your company provides for its employees. Which of the following is an example of non-monetary reward?
- ASatisfaction from challenging and exciting assignments
- BEsteem from working with other talented people
- CCash compensation
- DOn-site cafeteria
Correct Answer:
D
D
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Question #9
Your organization will be using the point factor technique in their evaluations of job performance. You need to communicate what the point factor technique accomplishes as you're the HR Professional for your organization. Which one of the following best describes the point factor technique?
- ASpecific compensable factors are identified and then performance levels within the factors are documented.
- BSpecific compensable factors are identified and then performance levels within the factors are weighted on importance to the employee.
- CPerformance factors are identified by the employee and then performance levels within the factors are weighted based on importance to the organization.
- DSpecific compensable factors are identified and then performance levels within the factors are documented. The different factors and levels are weighted
Correct Answer:
D
D
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Question #10
What is the FairPay amount that defines, what a person makes, to be considered highly compensated?
- A$110,000 or more
- B$150,000 or more
- C$100,000 or more
- D$125,000 or more
Correct Answer:
C
C
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