WGU C202 Managing Human Capital All 530+ (Latest Edition) 100% Verified Q&A + Answer Key Solutions

WGU C202 Managing Human Capital
All
(Latest 2025-2026 Edition) 100% Verified Q&A + Answer
530+
Key Solutions


VERIFIED ANSWERS


Question 1
Direct financial compensation
Correct Answer
compensation received in the form of salary, wages, commissions, stock options or bonuses


Question 2
indirect financial compensation
Correct Answer
all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation
time and health insurance


Question 3
nonfinancial compensation
Correct Answer
rewards and incentives given to employees that aren't financial in nature


Question 4
base pay

Correct Answer
reflects the size and scope of an employee's responsibilities


Question 5
severance pay
Correct Answer
give to employees upon termination of their employment




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,Question 6
fixed pay
Correct Answer
pays employees a set amount regardless of performance


Question 7
variable pay
Correct Answer
bases some or all of an employee's compensation on employee, team, or organizational


Question 8
pay structure
Correct Answer
the array of pay rates for different work or skills within a single organization


Question 9
pay mix

Correct Answer
the relative emphasis give to different compensation components


Question 10
pay leader
Correct Answer
organization with a compensation policy of giving employees greater rewards than competitors


Question 11
pay follower
Correct Answer
an organization that pays its front-line employees as little as possible


Question 12
resource dependence theory
Correct Answer
proposition that organizational decisions are influenced by both internal and external agents who control critical
resources


Question 13
wage differentials
Correct Answer
differences in wage between various workers, groups of workers, or workers within a career field



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,Question 14
labor market
Correct Answer
all of the potential employees located within a geographic area from which the organization might be able to hire


Question 15
cost of living allowances
Correct Answer
clauses in union contacts that automatically increase wages base on the U.S. Bureau of Labor Statistics' cost of living index


Question 16
market pricing
Correct Answer
uses external sources of information about how others are compensating a certain position to assign value to a
company's similar job


Question 17
Compensation surveys
Correct Answer
surveys of other organizations conducted to learn what they are paying for specific jobs or job classes


Question 18
benchmark jobs
Correct Answer
jobs that tend to exist across departments and across diverse organizations allowing them to be used as a basis for
compensation comparisons


Question 19
job evaluation
Correct Answer
a systematic process that uses expert judgement to assess differences in value between jobs


Question 20
ranking methos
Correct Answer
subjectively compares jobs to each other based on their overall worth to the organization


Question 21
job classification method

Correct Answer
subjectively classifies jobs into an exiting hierarchy of grades and categories


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, Question 22
point factor method
Correct Answer
uses a set of compensable factors to determine a job's value. skill, resp, effort, working cond.


Question 23
compensable factor
Correct Answer
any characteristic used to provide a basis for judging a job's value


Question 24
skills, responsibilities, effort, working conditions
Correct Answer
Four categories of compensable factors


Question 25
Hay Group Guide Chart - Profile Method

Correct Answer
a point-factor system is used to produce both a profile and a point score for each position.
know how
problem solving
accountability
working conditions


Question 26
Know-how, problem solving, accountability, working conditions
Correct Answer
Hay Group Method based on four main factors


Question 27
Position Analysis Questionnaire

Correct Answer
a structured job evaluation questionnaire that is statistically analyzed to calculate pay rates based on how the labor
market is valuing worker characteristics. a copyrighted, standardized, structured job analysis questionnaire. 6 sections
covering 187 job elements.


Question 28
job pricing
Correct Answer
the generation of salary structures and pay levels for each job based on the job evaluation data




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