WGU C236 Employee Compensation and Benefits Study guides, Class notes & Summaries

WGU C236 Exam Expected Questions and Answers (Verified by Expert) WGU C236 Exam Expected Questions and Answers (Verified by Expert) WGU C236 Exam Expected Questions and Answers (Verified by Expert)

WGU C236 Compensation and Benefits Comprehensive Exam (2024) || With Questions & Answers (Graded A+) WGU C236 Compensation and Benefits Comprehensive Exam (2024) || With Questions & Answers (Graded A+) Define Total Rewards. - ANSWER - refers to all forms of pay and compensation, tangible benefits, and other intangible rewards that an organization provides How are these three elements of total rewards connected? - ANSWER - -three forms of rewards act in concert to influence employee behavi...

WGU C236 Compensation & Benefits Final Exam (2024) || With 100% Correct Answers WGU C236 Compensation & Benefits Final Exam (2024) || With 100% Correct Answers Vesting - ANSWER - The % of ownership an employee has with the retirement plan. If an employee agrees to a formula based off seniority, what is that? - ANSWER - Defined benefit Advantages of a RIF - ANSWER - Reduce benefit costs & create positive sorting efforts HIPAA - ANSWER - Lessens an employer's ability to deny coverage...

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 ...

WGU C236 Compensation and Benefits Exam (2024 Updates) || All Questions & Solutions (100% Verified) WGU C236 Compensation and Benefits Exam (2024 Updates) || All Questions & Solutions (100% Verified) Total Rewards - ANSWER - All forms of pay and compensation, tangible benefits, and other intangible rewards that an organization provides What are some examples of intangible rewards? - ANSWER - Meaningful work Playing a key role in a company Rewarding relationships Strategy - ANSWER - T...

WGU C236 End of Text Review.1 Overall Course Assessment Test || Questions & Answers (Graded A+) WGU C236 End of Text Review.1 Overall Course Assessment Test || Questions & Answers (Graded A+) Job and pay form-specific reward strategies allows for: Maximum customization as the organization positions its pay similar to the market differently for different jobs and pay forms Maximum customization as the organization positions its pay relative to the market differently for different job...

WGU C236 Compensation & Benefit Comprehensive Exam || Over 500 Questions and All Correct Answers (Rated A+) WGU C236 Compensation & Benefit Comprehensive Exam || Over 500 Questions and All Correct Answers (Rated A+) 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 fa...

WGU C236 Comp and Benefits End of Course Test – With 100% Correct Answers WGU C236 Comp and Benefits End of Course Test – With 100% Correct Answers Independent contractors typically set their own hours because: A. They have busy lives B. They can have a "proper" work/life balance C. They are on a project basis and have opportunities for profit and loss D. None of the above - ANSWER - C Performance-based pay draws upon the ___________________ step to obtain ratings of an employee...

WGU C236 Compensation and Benefits Test (2024 Update) || All Questions & Answers (Rated A+) WGU C236 Compensation and Benefits Test (2024 Update) || All Questions & Answers (Rated A+) Total Rewards - ANSWER - Refers to all forms of pay and compensation. Three forms of rewards - ANSWER - - Cash - Benefits - Intangibles Strategy - ANSWER - Process by which an organization decided which products and services to sell Cash Compensation - ANSWER - Monetary pay that employees receive in ...

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...