Worldatwork Exam GR1 Topic 3 Question 89 Discussion

Actual exam question for Worldatwork's GR1 exam

Question #: 89
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 Apolonia at Oct 21, 2024, 10:35 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Andree

24 days ago

Option D is the winner for me. I want to know the exact value of my rewards package - no guesswork allowed!

upvoted 0 times

Tandra

14 days ago

I think it's also important for senior management to see the total expense of rewards programs.

upvoted 0 times

...

Ira

17 days ago

I agree, knowing the exact value of our rewards package is important.

upvoted 0 times

...

Nobuko

1 months ago

Option B, definitely. Gotta keep an eye on those tax implications, am I right? *wink wink*

upvoted 0 times

...

Candida

1 months ago

Hmm, I think option A is the most practical. Explaining the available programs helps employees make the most of their benefits.

upvoted 0 times

...

Steffanie

1 months ago

I'm all for option C. Senior management needs to see the big picture when it comes to rewards spending.

upvoted 0 times

Gerald

14 days ago

Having a summarized total expense for rewards programs helps in making informed decisions for the organization.

upvoted 0 times

...

Robt

24 days ago

Option C is definitely crucial for giving senior management a clear overview of the costs involved.

upvoted 0 times

...

Sylvia

26 days ago

I agree, it's important for senior management to understand the total expense of rewards programs.

upvoted 0 times

...

Ben

1 months ago

Option D is the way to go! Knowing the total value of our rewards package is crucial for understanding our true compensation.

upvoted 0 times

Gerry

2 days ago

I see your point, but I still think option D is the most crucial for individual employees.

upvoted 0 times

...

Janae

4 days ago

Option D is definitely helpful, but I also think option C is important for senior management to see the total expense.

upvoted 0 times

...

Ilene

7 days ago

I think option A is also important, so we understand all the different rewards available to us.

upvoted 0 times

...

Queen

1 months ago

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

upvoted 0 times

...

Felix

2 months ago

I agree with Katie. It helps employees understand the value of their rewards.

upvoted 0 times

...

Katie

2 months ago

I think the purpose is to explain rewards programs to employees.

upvoted 0 times

...