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Wgu - C236, Questions and answers, verified. 100% Accurate. What is a Reward System? - -Reward Systems are also mechanisms for exchanging value between two parties. Employees create value for the organization through their work, and organizations provide value for employees through the reward systems. Define Job Analysis - -the process of systematically analyzing positions that result in completed work in organizations. What are the implications of Job Analysis on the compensation sys...

WGU c236 - Comp and Benefit Study Guide, Question sections and answers, verified. Total Rewards - -all forms of pay including cash benefits, tangiable/intangiable etc... what forms of pay are invoved in Total Reward for the Organization? - -cash, benefits, intangiables. cash compensation - -____________ influences the employee in an organization HR Generalist impacts compensation by. - -making the reward strategy and a business strategy line up. Compensation Manager's responsib...

WGU C236 Compensation and Benefits, Top Questions and answers, verified. Business Strategy - -The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - -Focusing business priories on providing a lower-cost product or service. Differentiation Strategy - -Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - -Targeting business priorities toward addre...

WGU C236 Compensation and Benefits Topic 1, latest update, verified. Base Pay - -Salary or hourly wages. Cash Compensation - -Monetary pay that employees receive in exchange for their work. Exempt Employees - -Employees who are exempt from the overtime requirements of the Fair Labor Standards Act, such as outside salespeople and executives who have administrative or managerial responsibilities. Fair Labor Standards Act (FLSA) of 1938 - -Federal law that requires employers to dete...

C236 End of Text Review.1 Overall Course Assessment, Top Exam Questions and answers, verified. Job and pay form-specific reward strategies allows for: Maximum customization as the organization positions its pay similar to the market differently for different jobs and pay forms Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms Maximum customization as the organization positions its pay relative to the ...

C236 Topic 7, Top Questions and accurate answers, verified. Capability-based - -When a reward system explicitly attempts to vary rewards based upon the capabilities of the employee reasons a corporation would want to incorporate individual-based pay into its Total Reward system - --Creates a culture of learning -Builds a more flexible workforce -Allows the organization to build its capacity downside to a capability-based pay - -Wages and salaries paid to employees will rise In w...

C236 Compensation & Benefits, Top Questions and answers, verified. Internal Reward Alignment - -The extent to which an organization's Total Rewards System aligns each employee's rewards with those received by others in the organization. Job-based approach - -to internal reward alignment assumes that organizations provide rewards based upon the job that a person holds. Individual-based approach - -assumes that rewards should be based upon the characteristics of the person holding a j...

Compensation & Benefits C236, Top Exam Questions and answers, verified. What is the most prominent objective of a Total Rewards System? - -Direct organizational activities toward higher performance What does OCB stand for? - -Organizational citizenship behavior(s) (OCB) What is made up of: effectiveness at meeting customer needs, new product creation, and gains in market share, profits, and other measures of financial return on the firm's assets. - -Organizational Performance Wh...

WGU C236 Top exam Questions and answers, verified. Rated A+ An employee has worked for the same company in two locations over the course of 20 years in Europe and North America. The employee has been trained as an international trade specialist and has been promoted to manager of international operations. Which pay basis should be used to compensate this employee? - -Competency-based pay Which two approaches apply to internal reward alignment? - -Job-based approach Individual-based appr...

C236 Comp and Benefits End of Course Test Questions and answers. Verified. Independent contractors typically set their own hours because: A. They have busy lives B. They can have a "proper" work/life balance C. They are on a project basis and have opportunities for profit and loss D. None of the above - -C Performance-based pay draws upon the ___________________ step to obtain ratings of an employee's past performance. A. Partial appraisal B. Performance management C. Partial m...

C236 OA, Top Exam Questions and answers, verified. Which two approaches apply to internal reward alignment? - -Job-based approach Individual-based approach Which provision applies if a job is covered by the Fair Labor Standards Act? - -Employees who work more than 40 hours in a week must be paid time and a half for each hour they work over the 40 hours. What is the relationship among laws regarding pay? - -The benefit to employees dictates which law is followed. What is merit pay?...

Compensation and Benefits - C236, top exam questions and answers, verified. The primary reasons that organizations use performance-based pay - -is to provide an incentive for the types of behaviors and outcomes that enable higher performance The most popular need theory is the Hierarchy of Needs Theory proposed by Abraham Maslow. - -Physiological needs,Safety and security needs,Social needs,Ego and esteem needs,Self-actualization needs The Reinforcement Principle - -states that when p...

WGU C236 Compensation and Benefits, exam sections and answers, verified. Business Strategy - -The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - -Focusing business priories on providing a lower-cost product or service. Differentiation Strategy - -Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - -Targeting business priorities toward addres...

WGU C236 Compensation and Benefits, top Questions and answers, verified. Absolute Level - -The reward can be defined. Paying an employee $50,000 salary per year is an example. Administrative - -Pertaining to the activities of running an organization or a business. Anchored Rating Scale - -Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - -Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - -Ex...

C236 WGU. Top Questions and answers. Verified. Job and pay form-specific reward strategies allows for: - -Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms As a general rule, base pay strategies rarely lead the market by more than - -10% The benefits of incorporating individual-based pay into the total rewards system - -Allows the organization to build human capital What represents the most straightforwa...

Wgu - C236 Exam Questions and answers, verified. Rated A+ What is a Reward System? - -Reward Systems are also mechanisms for exchanging value between two parties. Employees create value for the organization through their work, and organizations provide value for employees through the reward systems. Define Job Analysis - -the process of systematically analyzing positions that result in completed work in organizations. What are the implications of Job Analysis on the compensation syste...

WGU c236 - Comp and Benefit Study Guide, test questions and answers, verified. Total Rewards - -all forms of pay including cash benefits, tangiable/intangiable etc... what forms of pay are invoved in Total Reward for the Organization? - -cash, benefits, intangiables. cash compensation - -____________ influences the employee in an organization HR Generalist impacts compensation by. - -making the reward strategy and a business strategy line up. Compensation Manager's responsibili...

WGU C236 Compensation and Benefits, Questions section and answers, verified. Business Strategy - -The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - -Focusing business priories on providing a lower-cost product or service. Differentiation Strategy - -Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - -Targeting business priorities toward ad...

WGU C836 Fundamentals of Information security Terms, Exam Questions and answers, verified. Rated A+. LATEST UPDATES.

WGU C961 - ALL Section Quizzes, Questions and answers, graded A