WGU C202 Managing Human Capital
All (Full Study Guide) Latest 2025/2026
| 536 Actual Exam Questions and
Certified Answers ( Update)
100% Correct | A Grade
Quiz_________________?
Direct financial compensation -
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compensation received in the form of salary, wages, commissions, stock options or bonuses
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indirect financial compensation -
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all the tangible and financially valued rewards that are not included in direct compensation including free
meals, vacation time and health insurance
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nonfinancial compensation -
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rewards and incentives given to employees that aren't financial in nature
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base pay -
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reflects the size and scope of an employee's responsibilities
,2
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severance pay -
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give to employees upon termination of their employment
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fixed pay -
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pays employees a set amount regardless of performance
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variable pay -
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bases some or all of an employee's compensation on employee, team, or organizational
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pay structure -
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the array of pay rates for different work or skills within a single organization
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pay mix -
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the relative emphasis give to different compensation components
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pay leader -
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, organization with a compensation policy of giving employees greater rewards than competitors
3
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pay follower -
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an organization that pays its front-line employees as little as possible
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resource dependence theory -
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proposition that organizational decisions are influenced by both internal and external agents who
control critical resources
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wage differentials -
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differences in wage between various workers, groups of workers, or workers within a career field
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labor market -
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all of the potential employees located within a geographic area from which the organization might be
able to hire
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cost of living allowances -
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clauses in union contacts that automatically increase wages base on the U.S. Bureau of Labor Statistics'
cost of living index
, Quiz_________________?
4
market pricing -
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uses external sources of information about how others are compensating a certain position to assign
value to a company's similar job
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Compensation surveys -
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surveys of other organizations conducted to learn what they are paying for specific jobs or job classes
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benchmark jobs -
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jobs that tend to exist across departments and across diverse organizations allowing them to be used as
a basis for compensation comparisons
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job evaluation -
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a systematic process that uses expert judgement to assess differences in value between jobs
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ranking methos -
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subjectively compares jobs to each other based on their overall worth to the organization
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job classification method -
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