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C12 - WORLD AT WORK VARIABLE PAY- IMPROVING PERFORMANCE WITH VARIABLE PAY EXAM QUESTIONS WITH CORRECT ANSWERS

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Total rewards includes all the tools available to the employer that may be used to - ANS attract motivate engage retain employees Total rewards includes - ANS compensation benefits work-life effectiveness recognition performance management talent development Elements of Compensati...

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C12 - VARIABLE PAY- IMPROVING PERFORMANCE WITH VARIABLE PAY EXAM QUESTIONS WITH CORRECT ANSWERS

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Which of the following describes the purpose of variable pay? (A) To reward individuals for acquisition of new skills and competencies (B) To ensure the individuals' value relative to the labor market (C) To differentiate the pay of individuals who achieve results from those who do not (D) ...

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C12 - VARIABLE PAY- IMPROVING PERFORMANCE WITH VARIABLE PAY (PART 2) EXAM QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)

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Two Primary Elements of Compensation - ANS Fixed pay rewards are based on an employee's value - Market based = rewards ind for their value relative to the labor market - Performance based = rewards ind for their sustained performance over time - Skill based = rewards ind for their acquisitio...

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C12 - TOTAL REWARDS AND VARIABLE PAY EXAM QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)

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total rewards - ANS monetary and non-monetary returns provided to employees for their time, talents, efforts and results total rewards strategy - ANS the art of combining the five key elements into tailored packages designed to achieve optimal engagement. five elements of total rewards str...

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C12 - VARIABLE PAY EXAM QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)

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Elements of compensation - ANS Fixed & variable pay Fixed pay - ANS non discretionary compensation. base salary. based on value variable pay - ANS discretionary or out based on criteria. pay rewards for accomplishments & results: org, group or individual results Variable pay goal - ...

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