WGU C236 Objective Assessment Exam Latest Exam Update 2024 (100% Complete Solutions) Rated A+

Which two approaches apply to internal reward alignment? ANSWER Job-based approach & Individual-based approach Which provision applies if a job is covered by the Fair Labor Standards act? ANSWER Employees who work more than 40 hours in a week must be paid time and a half for each hour they work over the 40 hours. What is the relationship among laws regarding pay? ANSWER The benefit to employees dictates which law is followed. What is merit pay? ANSWER Annual increase based on past performance The CEO of a web development company gives employees a lot of freedom to develop new applications, pays employees by the hour, and allows employees to work as needed to develop applications. Because of this approach, the payroll costs vary quite a bit. The CEO would like to get costs under control and make payroll costs more stable. Which approach can be used to bring payroll costs under control and make them more stable in this situation? ANSWER Transition employees from an hourly pay model to a salaried pay model Which compensation method is an annual pay increase based on past performance that is added to an employee's base compensation? ANSWER Merit pay An employee has worked for the same company in two locations over the course of 20 years in Europe and North America. The employee has been trained as an international trade specialist and has been promoted to manager of international operations. Which pay basis should be used to compensate this employee? ANSWER Competency-based pay A company implemented actions to improve its return on investment on human capital. The company wants to be the premier employer in the state. The first step was giving more rewards for jobs compared to its competitors. Which type of reward system is this company using? ANSWER Relative At which step in job analysis do employers determine the tasks, duties, and responsibilities of a job? ANSWER Interview incumbents An employer has several job incumbents come together to analyze a job. Which job analysis method is used in this scenario? ANSWER Panel interview What is the next step in the job analysis after identifying the job and observing the workplace? ANSWER Interview incumbents A human resources professional at a large law firm needs to fill an accountant position. The job description provides information about the compensation range, firm location, number of employees in the company, minimal qualifications, and company values. Which part of the job description did the human resources professional fail to include? ANSWER The job content To what does internal reward alignment refer? ANSWER It refers to how an employee's rewards compare to rewards received by others in the organization. Workers in a small manufacturing company are currently paid whatever the CEO feels is appropriate. The company's new compensation specialist intends to determine the relative worth or value of each job in the company as part of setting a new salary scale. Which human resource activity will this compensation specialist be conducting? ANSWER A job evaluation An employee is assigned the task of designing the job-value structure at his company. The employee has defined which jobs are within the organization and how they are related. What is the next step in defining the job-value structure? ANSWER Determining job importance Which type of market gives job seekers more negotiation power than employers? ANSWER Labor-driven A company that produces poker chips intends to benchmark its rewards system. Which method should be used to select the benchmark in this scenario? ANSWER Benchmark competitors Which type of market gives job seekers more power in negotiating terms of employment? ANS