WGU C236 Exam 156 Questions with Verified
Answers
Maximum customization as the organization positions its pay relative to the
market differently for different jobs and pay forms - CORRECT ANSWER Job and
pay form-specific reward strategies allows for:
10% - CORRECT ANSWER As a general rule, base pay strategies rarely lead the
market by more than
Allows the organization to build human capital - CORRECT ANSWER The benefits
of incorporating individual-based pay into the total rewards system
Percentages - CORRECT ANSWER What represents the most straightforward way
to compare company or individual pay rates to the market pay rates?
Different point distances between each level in the scale - CORRECT ANSWER A
variable distance scale uses:
True - CORRECT ANSWER All compensable factors are probably not equally
valuable to the organization.
Regression - CORRECT ANSWER Which statistical analysis will produce a value-
reward line?
Non-exempt - CORRECT ANSWER Blue-collar workers are always
,Exclusive Provider Organization - CORRECT ANSWER EPO stands for
Beginning of the rollout - CORRECT ANSWER An effective performance system will
need to have more frequent payouts in the
The reward can be defined. - CORRECT ANSWER Absolute Level
Anchored rating scale - CORRECT ANSWER Uses examples or definitions of typical
behaviors to define each point along the scale
Exists because the data a company obtains about market rates may not be an
accurate representation of the market. It is often difficult to fully understand the
quality of the data obtained from various sources, or how best to integrate this
information, which adds error to any reward system based on that data. -
CORRECT ANSWER Bad data challenge
A selection of primary organizations that exemplify the labor and product/service
markets in which the organization competes. - CORRECT ANSWER Benchmark
competitors
Jobs that are representative of the type, content, and level of jobs in the
organization. - CORRECT ANSWER Benchmark jobs
A tool that helps organizations better understand how employee benefits may
impact their ability to attract and retain qualified employees. - CORRECT ANSWER
Benefit Benchmark Survey
, Refers to the level of each benefit type provided as well as the overall company
expenditure. - CORRECT ANSWER Benefit level strategy
Refers to the particular combination of benefit types that an organization offers. -
CORRECT ANSWER Benefit mix strategy
Entails the use of a few broad bands (or grades) to organize work for pay
purposes. - CORRECT ANSWER Broadbanding
When a reward system explicitly attempts to vary rewards based upon capabilities
of the employees. Types include Skill-based pay, Competency-based pay, and
Seniority-based pay. - CORRECT ANSWER Capability based pay
Describes what's typical for a set of data, usually measured by the arithmetic
mean, median, or mode. - CORRECT ANSWER Central tendency
The Human Resources department makes all decisions relating to pay strategy, as
well as specific reward decisions. - CORRECT ANSWER Centralized approach
Organizations attempt to have a single set of policies that are determined by the
organization and utilized at all locations. - CORRECT ANSWER Centralized Global
rewards strategy
Uses logical categories and descriptions to organize jobs. - CORRECT ANSWER
Classification approach
Answers
Maximum customization as the organization positions its pay relative to the
market differently for different jobs and pay forms - CORRECT ANSWER Job and
pay form-specific reward strategies allows for:
10% - CORRECT ANSWER As a general rule, base pay strategies rarely lead the
market by more than
Allows the organization to build human capital - CORRECT ANSWER The benefits
of incorporating individual-based pay into the total rewards system
Percentages - CORRECT ANSWER What represents the most straightforward way
to compare company or individual pay rates to the market pay rates?
Different point distances between each level in the scale - CORRECT ANSWER A
variable distance scale uses:
True - CORRECT ANSWER All compensable factors are probably not equally
valuable to the organization.
Regression - CORRECT ANSWER Which statistical analysis will produce a value-
reward line?
Non-exempt - CORRECT ANSWER Blue-collar workers are always
,Exclusive Provider Organization - CORRECT ANSWER EPO stands for
Beginning of the rollout - CORRECT ANSWER An effective performance system will
need to have more frequent payouts in the
The reward can be defined. - CORRECT ANSWER Absolute Level
Anchored rating scale - CORRECT ANSWER Uses examples or definitions of typical
behaviors to define each point along the scale
Exists because the data a company obtains about market rates may not be an
accurate representation of the market. It is often difficult to fully understand the
quality of the data obtained from various sources, or how best to integrate this
information, which adds error to any reward system based on that data. -
CORRECT ANSWER Bad data challenge
A selection of primary organizations that exemplify the labor and product/service
markets in which the organization competes. - CORRECT ANSWER Benchmark
competitors
Jobs that are representative of the type, content, and level of jobs in the
organization. - CORRECT ANSWER Benchmark jobs
A tool that helps organizations better understand how employee benefits may
impact their ability to attract and retain qualified employees. - CORRECT ANSWER
Benefit Benchmark Survey
, Refers to the level of each benefit type provided as well as the overall company
expenditure. - CORRECT ANSWER Benefit level strategy
Refers to the particular combination of benefit types that an organization offers. -
CORRECT ANSWER Benefit mix strategy
Entails the use of a few broad bands (or grades) to organize work for pay
purposes. - CORRECT ANSWER Broadbanding
When a reward system explicitly attempts to vary rewards based upon capabilities
of the employees. Types include Skill-based pay, Competency-based pay, and
Seniority-based pay. - CORRECT ANSWER Capability based pay
Describes what's typical for a set of data, usually measured by the arithmetic
mean, median, or mode. - CORRECT ANSWER Central tendency
The Human Resources department makes all decisions relating to pay strategy, as
well as specific reward decisions. - CORRECT ANSWER Centralized approach
Organizations attempt to have a single set of policies that are determined by the
organization and utilized at all locations. - CORRECT ANSWER Centralized Global
rewards strategy
Uses logical categories and descriptions to organize jobs. - CORRECT ANSWER
Classification approach
