WGU C236 Compensation and Benefits Exam |
Questions and Answers | Verified Solutions | 2026
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Terms in this set (390)
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 be an accurate
representation of the market. It is often difficult to
fully understand the quality of the data obtained
from various sources, or how best to integrate this
information, which adds error to any reward system
based on that data.
Base Pay Salary or hourly wages
, Benchmark Competitors A selection of primary organizations that exemplify
the labor and product/service markets in which the
organization competes.
Benchmark Jobs Jobs that are representative of the type, content,
and level of jobs in the organization.
Benefit Benchmark Survey A tool that helps organizations better understand
how employee benefits may impact their ability to
attract and retain qualified employees.
Benefit Level Strategy Refers to the level of each benefit type provided as
well as the overall company expenditure.
Benefit Mix Strategy Refers to the particular combination of benefit
types that an organization offers.
Broad Input Help, advice and thoughts from employees of all
levels of the organization.
Broadbanding Entails the use of a few broad bands (or grades) to
organize work for pay purposes.
Business Strategy The collection of decisions, approaches, and
activities that allow an organization to compete
and win
Business Strategy Support Supporting a business' approach to adapting to
changes in its environment in order to compete
and win.
Questions and Answers | Verified Solutions | 2026
Edition | Pass Guaranteed
Save
Terms in this set (390)
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 be an accurate
representation of the market. It is often difficult to
fully understand the quality of the data obtained
from various sources, or how best to integrate this
information, which adds error to any reward system
based on that data.
Base Pay Salary or hourly wages
, Benchmark Competitors A selection of primary organizations that exemplify
the labor and product/service markets in which the
organization competes.
Benchmark Jobs Jobs that are representative of the type, content,
and level of jobs in the organization.
Benefit Benchmark Survey A tool that helps organizations better understand
how employee benefits may impact their ability to
attract and retain qualified employees.
Benefit Level Strategy Refers to the level of each benefit type provided as
well as the overall company expenditure.
Benefit Mix Strategy Refers to the particular combination of benefit
types that an organization offers.
Broad Input Help, advice and thoughts from employees of all
levels of the organization.
Broadbanding Entails the use of a few broad bands (or grades) to
organize work for pay purposes.
Business Strategy The collection of decisions, approaches, and
activities that allow an organization to compete
and win
Business Strategy Support Supporting a business' approach to adapting to
changes in its environment in order to compete
and win.
