SPHR Practice Test 4

10 free SPHR practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

SPHR Practice Test 4Tutor mode

Question 1 of 10

Total Rewards

The board of Corliss Packaging approved merit increases effective April 1. The company's fiscal year runs January 1 through December 31. Using the merit guidelines below, what is the total cost of the merit increases in the current fiscal year?

Merit guidelines by performance rating
Rating	Employees	Current annual base payroll	Merit increase
Exceeds	40	$3,200,000	4.5%
Meets	150	$10,500,000	3.0%
Below	10	$600,000	0%