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(Top QUALITY 2024/2025 EXAM REVIEW) Compensation & Benefits WGU - C236, Exam Review, rated A. VERIFIED.

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Compensation & Benefits WGU - C236, Exam Review, rated A. VERIFIED. 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 jobs Organized into groups & hierarchy Determines rewards Value: Includes importance relative to the other jobs Job Analysis Steps - -Makes a catalogue of Job Descriptions 1. Identify (collect info) 2. Observe/Interview Leadership 3. O/I Incumbents (currently working) 4. Consolidate Info into Rough Draft 5. Obtain Feedback & Revise Point Factor Approach - -Points for jobs based on importance 1. Compensable Factor: Organization's values 2. Measure with... Rating Scale (how involved with

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Compensation & Benefits WGU - C236
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  • compensation benefits wgu c236 exam review
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