Incentives and rewards - Study guides, Class notes & Summaries

Direct financial compensation - correct answer compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - correct 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 - correct answer rewards and incentives given to employees that aren't financial in nature base pay - correct answer ref...

MIE 201 Exam 1 Latest Version with Complete Solutions business any profit-seeking organization that provides goods and service designed to satisfy customers needs revenue money a company brings in through the sales of goods and services business model a clearly stated outline of how the business intends to generate revenue profit money left over after all the costs involved in doing business have been deducted from revenue competition gives customers a wider range of options,...

CPQA - ANSWER-certified professional in quality assurance When did CPHQ begin to advance the profession of quality and when was the first certification administered? - ANSWER-1976; Sept 8 1984 Board of Director's Quality Role - ANSWER-1. set policy 2. financial and strategic direction 3. quality of care 4. goals and objectives 5. establish quality priorities Leadership - ANSWER-ability to influence an individual or group toward achievement of a goal and includes determining the ...

A newly licensed nurse is interested in finding information about health care benefits for clients who are disabled or have end-stage renal disease. The newly licensed nurse asks their preceptor where they can find this information. Which of the following organization websites should the preceptor encourage the newly licensed nurse to use to find the desired information? a.) National Institute of Health (NIH) b.) Centers for Disease Control and Prevention (CDC) c.) Centers for Medicare and Me...

does compensation matter? correct answers -recent failed companies had labor costs higher than competition without corresponding in efficiency, quality, and customer service -successful companies had high pay -incentive plans reward people -how people are paid affects their behavior some people see pay as a measure of justice correct answers male/female earning differentials incentive pay correct answers -pay influences individual and aggregate motivation among the employees we have at ...

MIS 301 Exam II Study Guide Question and answers verified to pass 2024 Online Analytical Processing (OLAP) - correct answer A method of querying and reporting that takes data from standard relational databases, calculates and summarizes the data, and then stores the data in a special database called a data cube. Awareness, evaluation, purchase, delivery, after sales - correct answer What is the correct order of channel phases? data mart - correct answer A database or databases focu...

WGU C202 Managing Human Capital All Exam: Questions and Answers (2024/2025) (Verified Answers by Expert) Assured A+. 1. Direct financial compensation - compensation received in the form of salary, wages, commissions, stock options or bonuses 2. 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 3. nonfinancial compensation - rewards and incentives given to em...

total rewards - ANS monetary and non-monetary returns provided to employees for their time, talents, efforts and results total rewards strategy - ANS the art of combining the five key elements into tailored packages designed to achieve optimal engagement. five elements of total rewards strategy - ANS compensation, benefits, work-life, performance an recognition, development and career opportunities. elements of compensation - ANS fixed pay and variable pay fixed pay - ANS n...

WGU C202 MANAGING HUMAN CAPITAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 Human Resource Strategy - ANSWERS Links the entire human resource function with the firm's business strategy. Business Strategy - ANSWERS Defines how the firm will compete in its marketplace. Total Rewards - ANSWERS The sum of all rewards employees receives in exchange for their time, efforts, and performance. The combined intrinsic and extrinsic rewards of a job. Employee Handbooks - ANSWERS Print or online m...

One of your production managers uses incentives to reward employees for meeting operational objectives. This is the best example of which of the following leadership styles? A. Charismatic leadership B. Transactional leadership C. Laissez-faire leadership D. Authoritarian leadership - Ans: B. Transactional leaders are characterized by a "this for that" style. These leaders use both rewards and discipline when necessary to accomplish organizational and departmental objectives. Consen...