Wgu c236 compensation - Study guides, Class notes & Summaries

WGU C236 COMPENSATION AND BENEFITS | 180 Questions and Answers | VERIFIED The employment relationship is: A. An agreed-upon basis for organizations and people meeting each other's needs B. A disagreed-upon basis for organizations and people meeting each other's needs C. An agreed-upon basis for organizations and government meeting each other's needs D. None of the above - ANSWER A Organizations get work done through: A. Dollars B. Customers C. People D. Product - ANSWER C...

WGU C236 Compensation & Benefits Test (2024) || All Questions & Solutions (100% Correct) WGU C236 Compensation & Benefits Test (2024) || All Questions & Solutions (100% Correct) Job and pay form-specific reward strategies allows for: - ANSWER - 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 - ANSWER - 10% The benefits of incorporati...

WGU C236 Compensation and BenefitsAbsolute 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. Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute Full screen Anchored Rating Scale Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy G...

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 ...

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

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 questions well answered Absolute Level - correct answer The reward can be defined. Paying an employee $50,000 salary per year is an 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. Autonomy - correct answer Giving employees discretion in choosing what to do and how ...

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 ...

How do employers define total rewards? All forms of pay and compensation, tangible benefits, and other intangible rewards that an organization provides All forms of benefits such as insurance and paid time off, NOT including base salary Base salary The ability to provide a fair, competitive salary in the job market All forms of benefits such as insurance and paid time off, NOT including base salary Cash compensation is the only element of a total rewards package. TrueFalse False Which o...

WGU C236 COMPENSATION AND BENEFITS QUESTIONS AND CORRECT ANSWERS 2024/2025 GRADED A+. 2 / 5 1. Business Strategy: The collection of decision, approaches, and activities thatallow an organization to complete and win. 2. CostLeadership Strategy: Focusing business priories on providing a lower-costproduct or service. 3. Differentiation Strategy: Providing innovative, exceptional, and high qualityproducts and/or services to customers. 4. Niche-Focused Strategy: Targeting business prioritie...