C202 OA
Total Rewards - correct answer ✔✔the sum of all of the rewards employees receive in exchange for their
time, efforts and performance
Human Resource Management - correct answer ✔✔the organizational function responsible for
attracting, hiring, developing, rewarding, and retaining talent
Employee-Management Relations - correct answer ✔✔HR function that refers to industrial relations
(aka: unionized employment situation)
Financial Risk - correct answer ✔✔risk related to an org's workforce cost and productivity (directly-
compensation, benefits, turnover, overtime /indirectly- errors, accidents, delays, lost production)
Staffing - correct answer ✔✔HR function that refers to the process of planning, acquiring, deploying, and
retaining employees that enables the org. to meet its talent needs and execute its business strategy
Talent Philosophy - correct answer ✔✔a system of beliefs about how employees should be treated
6 Functions of HRM - correct answer ✔✔Staffing, training/development, performance management,
rewards/benefits, health/safety, employee-management relations
Direct Financial Compensation - correct answer ✔✔compensation received in the form of salary, wages,
commissions, stock options, or bonuses
Rewards and Benefits - correct answer ✔✔HR function that refers to the sum of all rewards employees
receive in exchange for their time, efforts, and performance
Health and Safety - correct answer ✔✔HR function referring to health (mental and physical) and safety
(refers to harm done in work environment)
Total Rewards - correct answer ✔✔the sum of all of the rewards employees receive in exchange for their
time, efforts and performance
Human Resource Management - correct answer ✔✔the organizational function responsible for
attracting, hiring, developing, rewarding, and retaining talent
Employee-Management Relations - correct answer ✔✔HR function that refers to industrial relations
(aka: unionized employment situation)
Financial Risk - correct answer ✔✔risk related to an org's workforce cost and productivity (directly-
compensation, benefits, turnover, overtime /indirectly- errors, accidents, delays, lost production)
Staffing - correct answer ✔✔HR function that refers to the process of planning, acquiring, deploying, and
retaining employees that enables the org. to meet its talent needs and execute its business strategy
Talent Philosophy - correct answer ✔✔a system of beliefs about how employees should be treated
6 Functions of HRM - correct answer ✔✔Staffing, training/development, performance management,
rewards/benefits, health/safety, employee-management relations
Direct Financial Compensation - correct answer ✔✔compensation received in the form of salary, wages,
commissions, stock options, or bonuses
Rewards and Benefits - correct answer ✔✔HR function that refers to the sum of all rewards employees
receive in exchange for their time, efforts, and performance
Health and Safety - correct answer ✔✔HR function referring to health (mental and physical) and safety
(refers to harm done in work environment)
