Wgu c236 compensation a Study guides, Class notes & Summaries

Absolute Level The reward can be defined. Paying an employee $50,000 salary per year, for example, is a defining absolute level. Administrative Pertaining to the activities of running an organization or a business. Anchored Rating Scale Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge Exists because the data a company obtains about market rates may not ...

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Define Total Rewards 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? The three forms of rewards cash, benefits and intangibles act in concert to influence employee behavior. List an example of an employee benefit. Retirement Plan List an example of an intangible benefit. meaningful work and rewarding relationships Who will this course help? While the course has obvi...

WGU C236 Compensation and Benefits 2024 Test – All Questions & Answers (100% Verified) WGU C236 Compensation and Benefits 2024 Test – All Questions & Answers (100% Verified) The primary reasons that organizations use performance-based pay - ANSWER - is to provide an incentive for the types of behaviors and outcomes that enable higher performance The most popular need theory is the Hierarchy of Needs Theory proposed by Abraham Maslow. - ANSWER - Physiological needs,Safety and security ...

WGU C236 Compensation and Benefits

Absolute Level - The reward can be defined. Paying an employee $50,000 salary per year is an example. Administrative - Pertaining to the activities of running an organization or a business. Anchored Rating Scale - Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - Exists because the data a company obtains about market rates may not be an accurate r...

WGU C236 Compensation and Benefits Exam Questions and Answers Business Strategy - Answer- The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - Answer- Focusing business priories on providing a lower- cost product or service. Differentiation Strategy - Answer- Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - Answer- Targeting business priorities t...

WGU C236 Compensation and Benefits Exam Questions and Answers Business Strategy - Answer- The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - Answer- Focusing business priories on providing a lower- cost product or service. Differentiation Strategy - Answer- Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - Answer- Targeting business priorities t...

WGU C236 Compensation and Benefits, C236 End of Text Review.1 Overall Course Assessment, Compensations. A Comprehensive Exam Study Guide 2024