SHRM Society for Human Resource Management MCQ 3

Question 1

An HR director is designing a total rewards strategy. Which component is considered a non-monetary element of total rewards?

Accepted Answer

Recognition programs

Answer

Recognition programs are non-monetary rewards that contribute to employee engagement and satisfaction without direct financial cost to the employee.

Question 2

Under ERISA, a 401(k) plan fiduciary has a duty of loyalty, meaning the fiduciary must:

Accepted Answer

Act solely in the interest of plan participants and beneficiaries

Answer

ERISA's duty of loyalty requires fiduciaries to act solely in the interest of plan participants and beneficiaries, prioritizing their financial interests.

Question 3

A structured behavioral interview is most effective at predicting future job performance because it:

Accepted Answer

Uses consistent, job-relevant questions based on past behavior

Answer

Structured behavioral interviews use standardized, job-related questions about past behavior, which is the strongest predictor of future performance.

Question 4

Which of the following best describes 'disparate impact' under employment law?

Accepted Answer

A neutral policy that disproportionately affects a protected group

Answer

Disparate impact occurs when a facially neutral employment practice disproportionately excludes members of a protected class without business justification.

Question 5

An organization wants to reduce voluntary turnover. Which intervention is most directly supported by exit interview data?

Accepted Answer

Targeting specific root causes identified by departing employees

Answer

Exit interviews provide qualitative insight into why employees leave, allowing HR to address specific, evidence-based causes of voluntary turnover.

SHRM - Society for Human Resource Management Practice Test

SHRM - Society for Human Resource Management Practice Test

SHRM Society for Human Resource Management MCQ 3