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WGU D351 v2 topic 9

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Exam of 2 pages for the course WGU D351 v2 topic 9 at WGU D351 v2 topic 9 (WGU D351 v2 topic 9)

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WGU D351 V2 Topic 9
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WGU D351 v2 topic 9

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WGU D351 v2 topic 9 with correct answers 2025



List and describe the two types of compensation. - correct answersdirect compensation and
indirect compensation



What are three examples of direct compensation? - correct answerswage, salary, performanced
based pay



What are three examples of indirect compensation? - correct answersemployee services,
benefits, trainings and/or any other indirect form of compensation or benefit.



Define the term "job evaluation." - correct answersdefined as the process of comparing jobs by
the use of formal and systemic procedures to determine their relative worth within the
organization



Variable compensation links an employees pay to what? - correct answersorganizational
performance



What are three examples of variable pay? - correct answersprofit sharing, bonuses, stock
options



Define fixed pay. - correct answersBase pay that is not determined by performance



What are the two most common forms of fixed pay? - correct answershourly wage or yearly
salary



What are incentive pay plans? - correct answersa specific type of performance-based pay
system which is used to encourage specific actions and motivate employees

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