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WGU Managing Human Capital - C202 - chap10 Test with Answers

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WGU Managing Human Capital - C202 - chap10 Test with Answers Fixed rewards - -predetermined compensation (salary and benefits) Variable pay plans - -pay for performance plans that put a small amount of base pay at risk, in exchange for the opportunity to

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WGU Managing Human Capital - C202
Course
WGU Managing Human Capital - C202

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WGU Managing Human Capital - C202 - chap10
Test with Answers
Fixed rewards - -predetermined compensation (salary

and benefits)



Variable pay plans - -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 - -awards given immediately when a

desired behavior is seen



Extrinsic motivation - -motivation that comes from outside the individual, including
performance bonuses



Intrinsic motivation - -derived from an interest in or
enjoyment from doing a task



skill-based pay - -rewards for employees based on the
range and depth of their knowledge
and skills



competency-based pay - -skill-based pay for professional jobs



multi-crafting - -employees gain proficiency in two or
more trades

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Institution
WGU Managing Human Capital - C202
Course
WGU Managing Human Capital - C202

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