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WGU c236 - Comp and Benefit Study Guide questions with verified answers

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______ plays a vital role in the Business Strategy? Ans Total Rewards _______________ comprises the joint or collective actions of groups of employees ? Ans Team Performance _____________________ are two generalizable job information sources available to managers to review data bases of job descriptions for useful information about jobs? Ans Job Databases and Interviews ________________, as derived by behavioral scientist B.F. Skinner and others, is built on the assumption that behavior is a function of its consequences. Ans The Reinforcement Theory of Motivation 3 job analysis methods available to an organization to analyze a job? Ans * traditional interview (1 on 1 incumbent) *2 panel interview (panel incumbents) *3 - questionnaire A job is referenced by the ___________________which is a letter or numberic code used to reference the job, often in databases? Ans Reference ID A Performance-based approach assumes rewards are based on? Ans Results by an employee An objective of a total rewards system is t

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WGU c236 - Comp and Benefit Study Guide questions
with verified answers
______ plays a vital role in the Business Strategy? Ans✓✓✓ Total Rewards


_______________ comprises the joint or collective actions of groups of
employees ? Ans✓✓✓ Team Performance


_____________________ are two generalizable job information sources available
to managers to review data bases of job descriptions for useful information about
jobs? Ans✓✓✓ Job Databases and Interviews


________________, as derived by behavioral scientist B.F. Skinner and others, is
built on the assumption that behavior is a function of its consequences. Ans✓✓✓
The Reinforcement Theory of Motivation


3 job analysis methods available to an organization to analyze a job? Ans✓✓✓ *
traditional interview (1 on 1 incumbent) *2 panel interview (panel incumbents) *3
- questionnaire


A job is referenced by the ___________________which is a letter or numberic
code used to reference the job, often in databases? Ans✓✓✓ Reference ID


A Performance-based approach assumes rewards are based on? Ans✓✓✓
Results by an employee


An objective of a total rewards system is to ___________________ Ans✓✓✓
sustain quality performance in each area over time

,An outlier is defined as: Ans✓✓✓ Numbers that are far above or below most of
the other numbers


As a general rule, base pay strategies rarely lead the market by more than how
much? Ans✓✓✓ 10%


Benchmark Competitor Ans✓✓✓ selection of primary organizations that
exemplify the labor and product/service markets in which the organization
competes.


Broadbanding Ans✓✓✓ entails the use of a few broad bands (grades) to organize
work for pay purposes.


Business Strategy Ans✓✓✓ the collection of decisions, approaches, and activities
that allow an organization to compete and win.


Business Strategy Support Ans✓✓✓ supporting a business approach to establish
changes in order to win.


cash compensation Ans✓✓✓ ____________ influences the employee in an
organization


Collaborative Environment Ans✓✓✓ teams of employees work in concer to
create, solve provlems, and produce results.


Communication Strategy Ans✓✓✓ plan for creating, sharing, and receiving info

, Compensation Manager's responsibility in the compensation plan? Ans✓✓✓
improve compensation systems and beter enable the organization to meet goals.


Cost Sharing is what? Ans✓✓✓ insurance pays a portion


critical success factors and how an organization can use the process Ans✓✓✓
capabilities, activities, customer perceptions, market positions that allow an
organization to outcompete rivals.


Define Expectancy Theory Ans✓✓✓ a cognitive motivation model based on the
consciousness and how an individual percieves a situation.


Define intangible rewards. Ans✓✓✓ psychological, social, contextual factors
outside traditional pay that are rewarding to employees.


Define Organizational culture Ans✓✓✓ shared beliefs, values, norms of a culture.


Define Procedural Justice. Ans✓✓✓ focuses on the process in which the
distribution of the reward is determined.


Define Skill Variety Ans✓✓✓ refers to the extent to which work is designed to
require a variety of skills and poses a degree of challenge


Define the benefit level strategy? Ans✓✓✓ refers to the level of each benefit
type provided as well as the overall company expenditure

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