WGU Managing Human Capital - C202 - chap10
Questions and Verified Answers
Fixed rewards Correct Answer: predetermined compensation (salary
and benefits)
Variable pay plans Correct Answer: pay for performance plans that put a
small amount of base pay at risk, in
exchange for the opportunity to earn
additional pay if performance meets or exceeds a standard
Spot awards Correct Answer: awards given immediately when a
desired behavior is seen
Extrinsic motivation Correct Answer: motivation that comes from outside the individual, including
performance bonuses
Intrinsic motivation Correct Answer: derived from an interest in or
enjoyment from doing a task
skill-based pay Correct Answer: rewards for employees based on the
range and depth of their knowledge
and skills
competency-based pay Correct Answer: skill-based pay for professional jobs
multi-crafting Correct Answer: employees gain proficiency in two or
more trades
Questions and Verified Answers
Fixed rewards Correct Answer: predetermined compensation (salary
and benefits)
Variable pay plans Correct Answer: pay for performance plans that put a
small amount of base pay at risk, in
exchange for the opportunity to earn
additional pay if performance meets or exceeds a standard
Spot awards Correct Answer: awards given immediately when a
desired behavior is seen
Extrinsic motivation Correct Answer: motivation that comes from outside the individual, including
performance bonuses
Intrinsic motivation Correct Answer: derived from an interest in or
enjoyment from doing a task
skill-based pay Correct Answer: rewards for employees based on the
range and depth of their knowledge
and skills
competency-based pay Correct Answer: skill-based pay for professional jobs
multi-crafting Correct Answer: employees gain proficiency in two or
more trades
