WGU C236 COMPENSATION AND BENEFITS
FINAL EXAM FULLY SOLVED EXAM PAPER
GRADED A+
◉ Which term best describes the extent to which companies'
operations are based on the use of large-scale equipment?
Answer: capital intensity
◉ Which factors account for considerable variation in pay between
occupations?
Answer: knowledge, skills, abilities (KSA)
◉ In San Francisco, the typical pay in the installation, maintenance,
and repair occupation exceeded the national average by 44 percent.
In Johnstown, Pennsylvania, the rate was 9 percent less than the
national average. What do these statistics represent?
Answer: relative pay differentials
◉ Many nonunion companies offer higher compensation than they
would if unions were nonexistent. What is this phenomenon called?
Answer: the spillover effect
, ◉ __________ pay is defined as added pay for employees that have
reached pay range range maximums and are unlikely to move into
higher grades.
Answer: longevity
◉ Which of the following is an advantage of seniority pay systems?
Answer: they reward employees on an objective basis
◉ Which pay system is most commonly used in America today?
Answer: merit pay
◉ This type of behavioral performance appraisal system requires
the review of past performance behaviors and outcomes in order to
identify them as either successful or unsuccessful.
Answer: critical incident technique (CIT)
◉ This appraisal system is the most defensible in court because it is
based on observable job performance behaviors.
Answer: behaviorally anchored rating scales (BARS)
◉ Which of the following is true concerning incentive pay?
Answer: awards are granted as one-time payments
FINAL EXAM FULLY SOLVED EXAM PAPER
GRADED A+
◉ Which term best describes the extent to which companies'
operations are based on the use of large-scale equipment?
Answer: capital intensity
◉ Which factors account for considerable variation in pay between
occupations?
Answer: knowledge, skills, abilities (KSA)
◉ In San Francisco, the typical pay in the installation, maintenance,
and repair occupation exceeded the national average by 44 percent.
In Johnstown, Pennsylvania, the rate was 9 percent less than the
national average. What do these statistics represent?
Answer: relative pay differentials
◉ Many nonunion companies offer higher compensation than they
would if unions were nonexistent. What is this phenomenon called?
Answer: the spillover effect
, ◉ __________ pay is defined as added pay for employees that have
reached pay range range maximums and are unlikely to move into
higher grades.
Answer: longevity
◉ Which of the following is an advantage of seniority pay systems?
Answer: they reward employees on an objective basis
◉ Which pay system is most commonly used in America today?
Answer: merit pay
◉ This type of behavioral performance appraisal system requires
the review of past performance behaviors and outcomes in order to
identify them as either successful or unsuccessful.
Answer: critical incident technique (CIT)
◉ This appraisal system is the most defensible in court because it is
based on observable job performance behaviors.
Answer: behaviorally anchored rating scales (BARS)
◉ Which of the following is true concerning incentive pay?
Answer: awards are granted as one-time payments