WGU C202 Managing Organizations
Study this set o nline at: https://www.cram.co m/flashcards/c202-wgu-12209957
Pri nt or onl i ne materi al s that document the organi zati on's H RM pol i ci es and
E mpl oyee handbooks
procedures.
Ri sk rel ated to empl oyment-rel ated deci si ons that can have l egal rami f i cati ons,
Compl i ance Ri sk parti cul arl y i n the areas of di versi ty, heal th and saf ety, uni on rel ati ons,
whi stl ebl owers, and harassment.
T he organi zati onal f uncti on responsi bl e f or attracti ng, hi ri ng, devel opi ng,
H uman Resource Management
rewardi ng, and retai ni ng tal ent.
Busi ness Strategy D ef i nes how the f i rm wi l l compete i n i ts marketpl ace.
, C202 WGUand Leading People Exam Study Guide
WGU C202 Managing Organizations
Study this set o nline at: https://www.cram.co m/flashcards/c202-wgu-12209957
T al ent phi l osophy A system of bel i ef s about how i ts empl oyees shoul d be treated.
T he sum of al l the rewards empl oyees recei ve i n exchange f or thei r ti me, ef f orts,
T otal rewards
and perf ormance.
D oi ng somethi ng di f f erentl y f rom the competi ti on that l eads to outperf ormance
Competi ti ve advantage
and success.
Al l the tangi bl e and f i nanci al l y val ued rewards that are not i ncl uded i n di rect
I ndi rect f i nanci al compensati on
compensati on, i ncl udi ng f ree meal s, vacati on ti me, and heal th i nsurance.
, C202 WGUand Leading People Exam Study Guide
WGU C202 Managing Organizations
Study this set o nline at: https://www.cram.co m/flashcards/c202-wgu-12209957
Rewards and i ncenti ves gi ven to empl oyees that are not f i nanci al i n nature
Nonf i nanci al compensati on i ncl udi ng i ntri nsi c rewards recei ved f rom the j ob i tsel f or f rom the work
envi ronment.
T he H R f uncti on that ref ers to topi cs rangi ng f rom wel l ness, f i re and f ood saf ety,
H eal th and Saf ety ergonomi cs, i nj ury management, di saster preparedness, i ndustri al hygi ene, bul l yi ng,
and workpl ace vi ol ence.
H uman Resource strategy Li nks the enti re human resource f uncti on wi th the f i rm's busi ness strategy.
Compensati on recei ved i n the f orm of sal ary, wages, commi ssi ons, stock opti ons, or
D i rect f i nanci al compensati on
bonuses.
, C202 WGUand Leading People Exam Study Guide
WGU C202 Managing Organizations
Study this set o nline at: https://www.cram.co m/flashcards/c202-wgu-12209957
T he H R f uncti on that ref ers to al i gni ng i ndi vi dual empl oyees' goal s and behavi ors
Perf ormance management wi th organi zati onal goal s, strategi es, apprai si ng, and eval uati ng past and current
behavi or and perf ormance, provi di ng suggesti ons f or i mprovement.
Ri sk rel ated to tal ent strategy, company cul ture, ethi cs, i nvestments i n peopl e, and
Strategi c Ri sk
the i mpl ementati on of changes i ni ti ati ves.
T he H R f uncti on that ref ers to the process of pl anni ng, acqui ri ng, depl oyi ng, and
Staf f i ng retai ni ng empl oyees that enabl es the organi zati on to meet i ts tal ent needs and
execute i ts busi ness strategy.
Ri sk rel ated to an organi zati on's workf orce costs and producti vi ty di rectl y through
F i nanci al ri sk compensati on, benef i ts, turnover, overti me, and ti me-to-hi re and i ndi rectl y through
errors, acci dents, and l ost producti ons.