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?

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 Yoko at Jun 02, 2024, 03:12 AM

Limited Time Offer

25%

Off

Get Premium GR1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Lorrine

6 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.

upvoted 0 times

Whitney

5 months ago

Yeah, but it could also lead to potential backlash from employees if they feel undervalued.

upvoted 0 times

...

Garry

5 months ago

It helps them make informed decisions about budgeting and resource allocation.

upvoted 0 times

...

Dong

6 months ago

I think it's important for senior management to understand the total cost of rewards.

upvoted 0 times

...

Lang

6 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?

upvoted 0 times

...

Sheridan

6 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!

upvoted 0 times

Starr

5 months ago

I always look forward to seeing the breakdown of my total rewards.

upvoted 0 times

...

Elliot

6 months ago

I think it also helps us understand the full picture of our compensation.

upvoted 0 times

...

Reena

6 months ago

I agree, it's important to know the value of what we're getting.

upvoted 0 times

...

Virgie

6 months ago

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

upvoted 0 times

...

Cletus

6 months ago

I agree with Carlton, it helps employees understand what they're getting.

upvoted 0 times

...

Carlton

6 months ago

I think the purpose is to explain the rewards programs.

upvoted 0 times

...