Wage mix - Study guides, Class notes & Summaries

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 All Questions And Answers|| Verified Answers! Direct financial compensation - ANSWER-compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - ANSWER-all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - ANSWER-rewards and incentives given to employees that aren't fina...

variable pay - ANSWER-bases some or all of an employee's compensation on employee, team, or organizational pay structure - ANSWER-the array of pay rates for different work or skills within a single organization pay mix - ANSWER-the relative emphasis give to different compensation components pay leader - ANSWER-organization with a compensation policy of giving employees greater rewards than competitors pay follower - ANSWER-an organization that pays its front-line employees as little...

Budgeting -Process of planning & working to meet or exceed the goals of the plan -Performed by businesses, governments, & individuals -Demands for patient safety, reimbursement changes w/ healthcare reform, technological advances, & the changing roles of healthcare providers --> require that budgets be constructed as accurately as possible AND that nurse managers understand financial implications The Budgeting Process -Budget= quantitative statement (usually in $$$) of the plans & expectatio...

Solutions Manual—Essentials of Federal Taxation, by Spilker et al. © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC. 1 Chapter 1 An Introduction to Tax SOLUTIONS MANUAL Discussion Questions (1) [LO 1] Jessica’s friend Zachary once stated that he couldn’t understand why someone would take a tax course. Why is this a rather naïve view? Taxes are a part of everyday life and have a financial effect on many ...

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...

What is the hallmark of the American Model of health insurance? correct answersIt is a mix of private and public insurances: private insurance is typically obtained from employers public insurance is provided to vulnerable subpopulations T/F: Employer-sponsored health insurance is free to employees. correct answersFALSE, it is a part of the worker's total compensation package and the cost of the premiums is taken out of the worker's wages What are the two consequences of employer-spon...

base pay - ANSWER-reflects the size and scope of an employee's responsibilities severance pay - ANSWER-give to employees upon termination of their employment fixed pay - ANSWER-pays employees a set amount regardless of performance variable pay - ANSWER-bases some or all of an employee's compensation on employee, team, or organizational pay structure - ANSWER-the array of pay rates for different work or skills within a single organization pay mix - ANSWER-the relative emphasis gi...

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...

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 ...