Elements of total rewards - Study guides, Class notes & Summaries

C236 Compensation and BenefitsOf the following, which is not considered a guide to fairness in total rewards: Extreme 3 multiple choice options Which of the following laws relates to total rewards? Civil rights laws 3 multiple choice options 7 Best UK Staycations for Your Next Caravan Holiday Rewards Strategy Coherence refers to: The extent to which the parts of the strategy fit together in a logical and clear way. 3 multiple choice options Within the cost leadership str...

Five elements that support management's effective attainment of organizational goals - -planning, organizing, directing, controlling resources, and staffing Define Management - -the process of working with and through people to achieve organizational goals 2 essential pieces in organizations that must be integrated effectively to lead to high performance. - - Management and Leadership What are the traits of an effective change leader? - -They define themselves as a change leader, embrace...

Absolute Level - correct answer The reward can be defined. Paying an employee $50,000 salary per year, for example. Administrative - correct answer Pertaining to the activities of running an organization or a business. Anchored Rating Scale - correct answer Uses examples or definitions of typical behaviors to define each point along the scale. Auto...

Job and pay form-specific reward strategies allows for: Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms As a general rule, base pay strategies rarely lead the market by more than 10% The benefits of incorporating individual-based pay into the total rewards system Allows the organization to build human capital What represents the most straightforward way to compare company or individual pay rat...

C236 WGU Exam Questions with Correct Answers Absolute Level - Answer-The reward can be defined. Paying an employee $50,000 salary per year, for example. Administrative - Answer-Pertaining to the activities of running an organization or a business. Anchored Rating Scale - Answer-Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - Answer-Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - Answer-Exi...

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...

Total Rewards - correct answer refers to all forms of pay and compensation, tangible benefits, and other intangible rewards that an organization provides. strategy - correct answer The process by which an organization decides on which products or services to market and sell, which industries to enter, and how the organization is going to reach its desired goals in the marketplace. How an organization is going to compete. Cash Comp...

Change Management WGU C721, Questions and answers, 100% ACCURATE. Five elements that support management's effective attainment of organizational goals - -planning, organizing, directing, controlling resources, and staffing Define Management - -the process of working with and through people to achieve organizational goals 2 essential pieces in organizations that must be integrated effectively to lead to high performance. - - Management and Leadership What are the traits of an effect...

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 ...

Utilization rate - ANSWER-The effective use of labor (direct labor/total labor hours = % utilization). Project delivery - ANSWER-The entire sequence of events necessary to provide the owner with a completed building. Conflict management - ANSWER-Our ability to influence other people in a positive fashion and successfully complete the task at hand in a given period of time. All work is a conflict. This takes different management than financial management. SMART goals - ANSWER-Specific, m...