Wgu c236 2023 exam - Study guides, Class notes & Summaries

WGU C236 SG Topic 1 Compensation and Benefits (Western Governors University) 2023 new exam update solution

• Define Total Rewards. o refers to all forms of pay and compensation, tangible benefits, and other intangible rewards that an organization provides. • How are these three elements of total rewards connected? o Employee’s paycheck influences employees perception of how much they are valued and a generous benefits package influences perception of how much an organization cares about their needs as a person. • List an example of an employee benefit. • Known as fringe benefits are p...