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B1 Questions and Answers

Question # 1

Which government agency enforces the Sherman Antitrust Acton issues related to the workforce?

A.

Department of Labor

B.

National Labor Relations Board

C.

Office of Federal Contract Compliance Programs

D.

Equal Employment Opportunity Commission

Question # 2

What statement is most accurate regarding compensation communications with employees at varying levels?

A.

They tend to be fairly consistent because the elements of pay may differ, but the concerns are universal.

B.

They generally require a greater degree of detail for lower level employees who have less of an understanding of pay plan design.

C.

They usually require more detail for senior employees regarding plan details and performance and the needs from one employee group to another can vary greatly.

D.

They should be kept to a minimum for employees at all levels to maximize efficiency and efforts can be focused only on those who have questions.

Question # 3

What best describes the most effective tactic for getting stakeholders’ attention and buy-in?

A.

Ask them to review or provide feedback, especially on something you have done for them

B.

Talk to the individuals they report to in advance and gain their support so the stakeholders realize upper management already supports your position

C.

Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections

D.

Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern

Question # 4

Your company has had a strong fiscal year with a 15% increase in net income over the prior fiscal year. Share prices are at an all time high. Working with Finance, you have arrived at a 2.5% merit increase budget for the next fiscal year, a smaller increase than the last fiscal year. Finance has indicated that some large capital expenditures will be needed next year, so the company needs to conserve resources. Additionally, Legal is in final negotiations on a lawsuit that may be very costly to the company. Word of the smaller increases has line management concerned that they will lose their best performers. Given all of these factors, what is your best course of action?

A.

Implement the merit increase budget as is because the anticipated financial obligations have made it necessary

B.

Meet with Finance and make a case for a larger merit increase budget because the loss of key talent will cost more over the long term than the savings from the smaller merit increases

C.

Gather the perspectives of all stakeholders, analyze their individual concerns and meet to determine whether a compromise solution is possible

D.

Recommend a reduction in force to eliminate poor performers, which will increase the merit budget by reducing headcount

Question # 5

Which of the following are the two primary elements of benefits?

A.

Mental health coverage and health care coverage

B.

Pay for time not worked and income protection programs

C.

Unemployment and disability

D.

Defined contribution and defined benefits plans   

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