Compensation & Benefits WGU C236

Compensation & Benefits WGU-C236, Questions and answers, 100% Accurate, Graded A+ 2024 Last document update:   ago

What is the most prominent objective of a Total Rewards System? - -Direct organizational activities toward higher performance What does OCB stand for? - -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. - -Organizational Performance What 3 Perceptions should be considered when developing a Total Rewards System? - -D...

Compensation & Benefits WGU - C236, Exam Review, rated A. VERIFIED 2024 Last document update:   ago

Capability-Based Pay - -Skill-Based Competency-Based Seniority/Experience-Based (most common) Compentencies - -Knowledge, Skills, Traits Internal Reward Alignment - -How much Total Rewards System aligns employee's rewards with others' Job-based approach (title) Individual-based (characteristics) Performance-based (results) Job Evaluation - -Determine Value Decide pay rates & rewards structure Classification approach Job Comparison Point Factor Job (Value) Structure - -List of job...