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2024 update |WGU C202 Managing Human Capital | most recent |COMPLETE MOST TESTED QUESTIONS AND VERIFIED ANSWERS | (100% correct solutions)|GET IT A+ RIGHT!!$12.99
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2024 update |WGU C202 Managing Human Capital | most recent |COMPLETE MOST TESTED QUESTIONS AND VERIFIED ANSWERS | (100% correct solutions)|GET IT A+ RIGHT!!
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2024 update |WGU C202 Managing Human Capital
Institution
2024 Update |WGU C202 Managing Human Capital
2024 update |WGU C202 Managing Human Capital | most recent |COMPLETE MOST TESTED QUESTIONS AND VERIFIED ANSWERS | (100% correct solutions)|GET IT A+ RIGHT!!
10/30/24, 9:51 PM 2024 update |WGU C202 Managing Human Capital |2024-2025 most recent |COMPLETE MOST TESTED QUESTIONS AND…
2024 update |WGU C202 Managing Human
Capital |2024-2025 most recent |COMPLETE
MOST TESTED QUESTIONS AND VERIFIED
ANSWERS | (100% correct solutions)|GET IT A+
RIGHT!!
Terms in this set (536)
Direct financial compensation received in the form of salary, wages,
compensation commissions, stock options or bonuses
all the tangible and financially valued rewards that
indirect financial
are not included in direct compensation including
compensation
free meals, vacation time and health insurance
nonfinancial rewards and incentives given to employees that
compensation aren't financial in nature
reflects the size and scope of an employee's
base pay
responsibilities
give to employees upon termination of their
severance pay
employment
pays employees a set amount regardless of
fixed pay
performance
bases some or all of an employee's compensation
variable pay
on employee, team, or organizational
the array of pay rates for different work or skills
pay structure
within a single organization
the relative emphasis give to different compensation
pay mix
components
organization with a compensation policy of giving
pay leader
employees greater rewards than competitors
, 10/30/24, 9:51 PM 2024 update |WGU C202 Managing Human Capital |2024-2025 most recent |COMPLETE MOST TESTED QUESTIONS AND…
an organization that pays its front-line employees as
pay follower
little as possible
proposition that organizational decisions are
resource dependence
influenced by both internal and external agents who
theory
control critical resources
differences in wage between various workers,
wage differentials
groups of workers, or workers within a career field
all of the potential employees located within a
labor market geographic area from which the organization might
be able to hire
clauses in union contacts that automatically increase
cost of living allowances wages base on the U.S. Bureau of Labor Statistics'
cost of living index
uses external sources of information about how
market pricing others are compensating a certain position to assign
value to a company's similar job
surveys of other organizations conducted to learn
Compensation surveys
what they are paying for specific jobs or job classes
jobs that tend to exist across departments and
benchmark jobs across diverse organizations allowing them to be
used as a basis for compensation comparisons
a systematic process that uses expert judgement to
job evaluation
assess differences in value between jobs
subjectively compares jobs to each other based on
ranking methos
their overall worth to the organization
subjectively classifies jobs into an exiting hierarchy
job classification method
of grades and categories
uses a set of compensable factors to determine a
point factor method
job's value. skill, resp, effort, working cond.
any characteristic used to provide a basis for
compensable factor
judging a job's value
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