WGU C236 COMPENSATION AND BENEFITS | 180 Questions and Answers | VERIFIED

WGU C236 COMPENSATION AND BENEFITS | 180 Questions and Answers | VERIFIED The employment relationship is: A. An agreed-upon basis for organizations and people meeting each other's needs B. A disagreed-upon basis for organizations and people meeting each other's needs C. An agreed-upon basis for organizations and government meeting each other's needs D. None of the above - ANSWER A Organizations get work done through: A. Dollars B. Customers C. People D. Product - ANSWER C Total rewards includes: A. Benefits, base salary, paid time off B. Benefits C. Base salary and benefits D. Base salary - ANSWER C Meaningful work would be considered a discretionary employee benefit. A. True B. False - ANSWER B Understanding the total rewards system will not allow you to create a meaningful total rewards plan. A. True B. False - ANSWER B Which of the following job families would not be affected by total rewards? A. Engineers B. Finance C. Marketing D. All job families are affected by total rewards - ANSWER D Pay is not a broad category that refers to the monetary compensation that is provided to an employee in exchange for their work. A. True B. False - ANSWER B Cash compensation is monetary pay from ____________ to __________________. A. Employers, employees B. Employees, employers C. Government, citizens D. None of the above - ANSWER A Fringe benefits have become quite ____________ to compensation plans. A. Central B. Unimportant C. Conditional D. Proven - ANSWER A When you think about a company's health benefits or retirement plan, you are thinking about employee benefits. A. True B. False - ANSWER A ________________________ refers to the direct monetary pay given to an employee in exchange for their contributions to the organization. A. Total rewards B. Cash compensation C. Benefits D. Time off - ANSWER B Which of the following would not be included as an intangible reward? A. Meaningful work B. Salary C. Positive working relationships D. Location - ANSWER B Cash compensation can have an influence on the employee's perception of how much they are valued at the firm. A. True B. False - ANSWER A To create a strategic total rewards plan, you need to understand all of the following except: A. Market B. Benefits C. Customers D. None of the above - ANSWER B Base pay includes: A. Salary or hourly wages B. Hourly and benefits C. Benefits and salary D. None of the above - ANSWER A Team performance: A. Comprises the collective actions of groups of employees B. Comprises senior management level of performance C. Comprises customer feedback regarding employees D. Comprises the star employees' level of performance - ANSWER A Total Reward Systems do not need to be reviewed to ensure that they are not penalizing such OCBs and instead provide a degree of encouragement for those helpful behaviors. A. True B. False - ANSWER B