WGU- C236 Topic 7, Exam Questions and answers, 100% Accurate, Rated A+. VERIFIED 2024

Capability-based - -When a reward system explicitly attempts to vary rewards based upon the capabilities of the employee reasons a corporation would want to incorporate individual-based pay into its Total Reward system - --Creates a culture of learning -Builds a more flexible workforce -Allows the organization to build its capacity downside to a capability-based pay - -Wages and salaries paid to employees will rise In which industry is skill-based pay most often used? - -Manufacturing industry as recruited employees negotiate for higher salaries, they are more likely to receive such salaries if they have - -Greater work experience In a skill-based pay program: - -the wage rate or salary received by the employee depends upon the skills she possesses Competencies - -Configurations of knowledge, skills, and traits that enable employee performance Strategic management - -The definitions of criteria are all conceptually and empirically connected to employee, unit, and organizational outcomes Reliable measurement - -An employee's level of skill, competency, or experience can be measured consistently across employees and raters