Broadbanding Study guides, Class notes & Summaries

IPMA-SCP Study Guide exam questions with complete solution Broadbanding -Correct Answer-The practice of using fewer pay grades with much broader ranges than in traditional compensation systems. Main advantage is more consistent with flattening of organizational levels and growing jobs that are multidimensional. Problem is employees expect a promotion to come with a pay raise and movement to a new pay. By not having this employees will feel there is no room for promotion opportunities. Most comp...

WGU C202 Managing Human Capital exam questions with 100% verified answers 2024 Direct financial compensation - ANSWERS compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - ANSWERS all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - ANSWERS rewards and incentives given to employees that a...

WGU C202 MANAGING HUMAN CAPITAL EXAM QUESTIONS AND VERIFIED ANSWERS (2024 / 2025) / A+ GRADE Direct financial compensation - ANSWERS compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - ANSWERS all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - ANSWERS rewards and incentives given to empl...

Career Planning - Answer Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - Answer Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - Answer People who learn best by relying on their sense of hearing. Andragogy - Answer Study of how adults learn. Cost-of-living adjustment (COLA) - Answer Pay adjustment given to eligible employees ...

Direct financial compensation - compensation received in the form of salary, wages, commissions, stock options or bonuses 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 nonfinancial compensation - rewards and incentives given to employees that aren't financial in nature base pay - reflects the size and scope of an employee's responsibilities sever...

Broadbanding - ANSWER The practice of using fewer pay grades with much broader ranges than in traditional compensation systems. Main advantage is more consistent with flattening of organizational levels and growing jobs that are multidimensional. Problem is employees expect a promotion to come with a pay raise and movement to a new pay. By not having this employees will feel there is no room for promotion opportunities. Most companies use traditional pay grades. Coaches - ANSWER Observe and f...

WGU C202 MANAGING HUMAN CAPITAL EXAM QUESTIONS AND VERIFIED ANSWERS (2024 / 2025) / A+ GRADE Direct financial compensation - ANSWERS compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - ANSWERS all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - ANSWERS rewards and incentives given to empl...

Career Planning - Answer Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - Answer Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Cost-of-living adjustment (COLA) - Answer Pay adjustment given to eligible employees regardless of performance or organizational profitability; usually linked to inflation. Broadbanding - Answer Combining several salary gra...

Absolute Level - ANSWER The reward can be defined. Paying an employee $50,000 salary per year is an example. Administrative - ANSWER Pertaining to the activities of running an organization or a business. Anchored Rating Scale - ANSWER Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - ANSWER Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - ANSWER Exists because the data a company obtains about ma...

WGU C202 MANAGING HUMAN CAPITAL EXAM QUESTIONS AND VERIFIED ANSWERS (2024 / 2025) / A+ GRADE Direct financial compensation - ANSWERS compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - ANSWERS all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - ANSWERS rewards and incentives given to empl...