WGU C202 OA Complete Solutions With Verified Tests
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Course
WGU C202 OA
Institution
WGU C202 OA
WGU C202 OA Complete Solutions With Verified Tests
Total Rewards the sum of all of the rewards employees receive in exchange for their time, efforts and performance
Human Resource Management the organizational function responsible for attracting, hiring, developing, rewarding, and retaining tal...
WGU C202 OA Complete Solutions With Verified Tests Total Rewards ✔✔the sum of all of the rewards employees receive in ex change for their time, efforts and performance Human Resource Management ✔✔the organizational function responsible for attracting, hiring, developing, rewarding, and retaining talent Employee -Management Relations ✔✔HR function that refers to industrial r elations (aka: unionized employment situation) Financial Risk ✔✔risk related to an org's workforce cost and productivity (directly - compensation, benefits, turnover, overtime /indirectly - errors, accidents, delays, lost production) Staffing ✔✔HR function that refers to the process of planning, acquiring, deploying, and retaining employees that enables the org. to meet its talent needs and execute its business strategy Talent Philosophy ✔✔a system of beliefs about how employees should be treated 6 Functi ons of HRM ✔✔Staffing, training/development, performance management, rewards/benefits, health/safety, employee -management relations Direct Financial Compensation ✔✔compensation received in the form of salary, wages, commissions, stock options, or bonuses Rewards and Benefits ✔✔HR function that refers to the sum of all rewards employees receive in exchange for their time, efforts, and performance Health and Safety ✔✔HR function referring to health (mental and physical) and safety (refers to harm done in w ork environment) Strategic Risk ✔✔Risk related to talent strategy, company culture, investments in people, and the implementation of change initiatives Indirect Financial Compensation ✔✔all the tangible and financially valued rewards that are not included in direct compensation, including free meals, vacation time, and health insurance Operational Risk ✔✔Risk related to the speed and effectiveness of tal ent acquisition, deployment of employee skills, and identification and retention of top performers Business Strategy ✔✔defines how the firm will compete in its marketplace
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