PHCLE Culture and Total Rewards
Flashcards with 100% Correct
Solutions
Negative Incentive - ANSWER Punishes individuals for undesirable choices or behavior.
Positive Incentive - ANSWER Rewards individuals for desirable choices or behavior.
Recognition - ANSWER Formal or informal acknowledgement of effort or
desired behavior. (Recognition or Reward)
Reward - ANSWER Awards performance or accomplishment. (Recognition or Reward)
Recognition - ANSWER Awards effort or desired behaviors. (Recognition or Reward)
Reward - ANSWER Given in exchange for good work. (Recognition or Reward)
Recognition - ANSWER Honors or calls attention to actions. (Recognition or Reward)
Total Rewards - ANSWER All the financial and experiential incentives, rewards,
and benefits provided to employees by their employer.
Total Rewards Philosophy - ANSWER The principles that guide the design,
delivery, forms, and determination of total rewards programs.
, Financial/Tangible Rewards - ANSWER Refers to those rewards having concrete,
visible, and easily measurable characteristics, such as financial remunerations and
promotions. Also includes non-cash rewards that have monetary value, like gift cards,
travel vouchers, and merchandise.
Experiential/Intangble Rewards - ANSWER Refers to rewards of no financial or
tangible value such as verbal or written recognition. Also includes access to
experiences they may not be able to enjoy otherwise including private events,
exclusive training workshops and more.
Individual Rewards - ANSWER Rewarding employees in appreciation and recognition
of their effort in performance, which has resulted in achieving and/or exceeding set
individual targets.
Group Rewards - ANSWER Rewarding a group of employees based on their
combined contribution to a particular project, goal or organization performance.
Compensation Study - ANSWER Process to ensure base pay is both market competitive
and internally equitable: 1) update job descriptions using job analysis, 2) conduct job
evaluation, and 3) complete a market study analysis.
Compensation Study - ANSWER Includes the 4 steps (in order): update job
descriptions, job evaluation, market analysis, and adjust/revise
Organization Strategy - ANSWER Should inform the organization HR strategy which
should inform the total rewards strategy which should inform the compensation
strategy and then the compensation philosophy.
Compensation Strategy - ANSWER The principles that guide the design and delivery of
compensation programs to align it to district goals and decide where to compete,
how competitive to be, and what to reward.
Flashcards with 100% Correct
Solutions
Negative Incentive - ANSWER Punishes individuals for undesirable choices or behavior.
Positive Incentive - ANSWER Rewards individuals for desirable choices or behavior.
Recognition - ANSWER Formal or informal acknowledgement of effort or
desired behavior. (Recognition or Reward)
Reward - ANSWER Awards performance or accomplishment. (Recognition or Reward)
Recognition - ANSWER Awards effort or desired behaviors. (Recognition or Reward)
Reward - ANSWER Given in exchange for good work. (Recognition or Reward)
Recognition - ANSWER Honors or calls attention to actions. (Recognition or Reward)
Total Rewards - ANSWER All the financial and experiential incentives, rewards,
and benefits provided to employees by their employer.
Total Rewards Philosophy - ANSWER The principles that guide the design,
delivery, forms, and determination of total rewards programs.
, Financial/Tangible Rewards - ANSWER Refers to those rewards having concrete,
visible, and easily measurable characteristics, such as financial remunerations and
promotions. Also includes non-cash rewards that have monetary value, like gift cards,
travel vouchers, and merchandise.
Experiential/Intangble Rewards - ANSWER Refers to rewards of no financial or
tangible value such as verbal or written recognition. Also includes access to
experiences they may not be able to enjoy otherwise including private events,
exclusive training workshops and more.
Individual Rewards - ANSWER Rewarding employees in appreciation and recognition
of their effort in performance, which has resulted in achieving and/or exceeding set
individual targets.
Group Rewards - ANSWER Rewarding a group of employees based on their
combined contribution to a particular project, goal or organization performance.
Compensation Study - ANSWER Process to ensure base pay is both market competitive
and internally equitable: 1) update job descriptions using job analysis, 2) conduct job
evaluation, and 3) complete a market study analysis.
Compensation Study - ANSWER Includes the 4 steps (in order): update job
descriptions, job evaluation, market analysis, and adjust/revise
Organization Strategy - ANSWER Should inform the organization HR strategy which
should inform the total rewards strategy which should inform the compensation
strategy and then the compensation philosophy.
Compensation Strategy - ANSWER The principles that guide the design and delivery of
compensation programs to align it to district goals and decide where to compete,
how competitive to be, and what to reward.
