Variable reward Samenvattingen, Aantekeningen en Examens

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 straightforward way to compare company or individual pay rat...

WGU C236 - Comp and Benefit Study Guide Already Passed 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 responsibility in the compensation plan? improve compensation...

WGU C236 Compensation and Benefits Questions and Answers Already Passed Absolute Level The reward can be defined. Paying an employee $50,000 salary per year, for example, is a defining absolute level. 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...

core competencies -Answer-An integrated knowledge within an organization that sets it out from the competition. informal factors -Answer-Includes the social environment of the workplace and informal work groups. job description -Answer-A written description of the basic tasks, duties, minimum required experience, and responsibilities required of an employee holding a particular job. selection -Answer-The process of screening, interviewing, and hiring individuals. cash compensation -Answer...

WGU C236 Comp and Benefits End of Course Test Questions and Answers Already Passed 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 man...

HRM 361 Final Exam Questions with All Correct Answers Understand the components of total rewards and more specifically, the components of pay; - Answer-Total rewards include direct pay. base salary, variable pay, promotional increases. Indirect pay - benefits, training and recognition. Because it is typically a company's most significant investment, the management of total rewards should be part of the overall strategic business plan. A first step in assessing total reward offerings begins by...

ERISA - Answer- Employee Retirement Income Security Act 1974 SOC Reports - Answer- Service Organization Controls: for external vendors SOC 1 - Answer- Internal Controls & Financial reports; used by auditors SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 - Answer- Same as SOC2, but available for public use. Tribble V Edison - Answer- Landmark court case re fiduciary resp...

ISSA Final Exam Questions and Answers 2023 For a skinfold body composition assessment, what sites are used for the three-site body density method for females? Triceps, suprailiac, thigh The PACER test is a fitness assessment used for what special population? Youth What is the term for blood circulation within the heart and lungs? Pulmonary circulation What does the S in SMART goals stand for? specific Which term describes movement toward the midline of the body? ...

ANCC PMHNP Exam Prep Question with complete solution 2023mesocortical pathway executive function: attention, focus, depression nigrostriatal pathway from substantia nigra (brainstem) to striatum (muscles): Parkinson's mesolimbic pathway projects to nucleus accumbens (part of limbic system). Pleasure, reward, positive symptoms of schizophrenia: Addiction, gambling Tuberoinfundibular pathway regulation of prolactin (acts on pituitary). Hypersexuality in mania Dopam...

What can you determine by examining a firm's structural variables? correct answers The managerial strategy a firm is actually using Which term refers to the vehicle used by an organization for executing its business strategy? correct answers Its structure Which of the following would be the best choice for a compensation system? correct answers The system is cost effective and achieves company goals. The compensation system typically refers to which aspect of the reward system? correct...