Wguc236 - Study guides, Class notes & Summaries

Internal Reward Alignment - ANSWER The extent to which an organization's Total Rewards System aligns each employee's rewards with those received by others in the organization. Job-based approach - ANSWER to internal reward alignment assumes that organizations provide rewards based upon the job that a person holds. Individual-based approach - ANSWER assumes that rewards should be based upon the characteristics of the person holding a job. Performance-based approach - ANSWER assumes tha...

What is the most prominent objective of a Total Rewards System? - ANSWER Direct organizational activities toward higher performance What does OCB stand for? - ANSWER Organizational citizenship behavior(s) (OCB) What is made up of: effectiveness at meeting customer needs, new product creation, and gains in market share, profits, and other measures of financial return on the firm's assets. - ANSWER Organizational Performance What 3 Perceptions should be considered when developing a Tot...

WGU C236 OBJECTIVE ASSESSMENT EXAM LATEST 2024 ACTUAL QUESTIONS AND ANSWERS|GRADED A+ Which two approaches apply to internal reward alignment? Job-based approach and individual-based approach Which provision applies if a job is covered by the Fair Labor Standards Act? a. Employees' pay rates may be based on an employee's personal characteristics such as gender or age. b. Employers are exempt from paying the standard minimum wage and may set the wage they are willing to pay. c. ...