WGU Managing Human Capital - C202 -
chap10
Fixed rewards - correct answer ✔✔predetermined compensation (salary
and benefits)
Variable pay plans - correct answer ✔✔pay for performance plans that put a
small amount of base pay at risk, in
exchange for the opportunity to earn
additional pay if performance meets or exceeds a standard
Spot awards - correct answer ✔✔awards given immediately when a
desired behavior is seen
Extrinsic motivation - correct answer ✔✔motivation that comes from outside the individual, including
performance bonuses
Intrinsic motivation - correct answer ✔✔derived from an interest in or
enjoyment from doing a task
skill-based pay - correct answer ✔✔rewards for employees based on the
range and depth of their knowledge
and skills
competency-based pay - correct answer ✔✔skill-based pay for professional jobs
multi-crafting - correct answer ✔✔employees gain proficiency in two or
more trades
chap10
Fixed rewards - correct answer ✔✔predetermined compensation (salary
and benefits)
Variable pay plans - correct answer ✔✔pay for performance plans that put a
small amount of base pay at risk, in
exchange for the opportunity to earn
additional pay if performance meets or exceeds a standard
Spot awards - correct answer ✔✔awards given immediately when a
desired behavior is seen
Extrinsic motivation - correct answer ✔✔motivation that comes from outside the individual, including
performance bonuses
Intrinsic motivation - correct answer ✔✔derived from an interest in or
enjoyment from doing a task
skill-based pay - correct answer ✔✔rewards for employees based on the
range and depth of their knowledge
and skills
competency-based pay - correct answer ✔✔skill-based pay for professional jobs
multi-crafting - correct answer ✔✔employees gain proficiency in two or
more trades
