WGU C202 Managing Human Capital exa
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m 2024 with 100% correct answers
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Directhfinancialhcompensationh-
hhcorrecthanswerhhcompensationhreceivedhinhthehformhofhsalary,hwages,hcommissions,hstockhoptionshorhbo
nuses
indirecthfinancialhcompensationh-
hhcorrecthanswerhhallhthehtangiblehandhfinanciallyhvaluedhrewardshthatharehnothincludedhinhdirecthcompens
ationhincludinghfreehmeals,hvacationhtimehandhhealthhinsurance
nonfinancialhcompensationh-
hhcorrecthanswerhhrewardshandhincentiveshgivenhtohemployeeshthatharen'thfinancialhinhnature
basehpayh-hhcorrecthanswerhhreflectshthehsizehandhscopehofhanhemployee'shresponsibilities
severancehpayh-hhcorrecthanswerhhgivehtohemployeeshuponhterminationhofhtheirhemployment
fixedhpayh-hhcorrecthanswerhhpayshemployeeshahsethamounthregardlesshofhperformance
variablehpayh-
hhcorrecthanswerhhbaseshsomehorhallhofhanhemployee'shcompensationhonhemployee,hteam,horhorganization
al
payhstructureh-
hhcorrecthanswerhhtheharrayhofhpayhrateshforhdifferenthworkhorhskillshwithinhahsinglehorganization
payhmixh-hhcorrecthanswerhhthehrelativehemphasishgivehtohdifferenthcompensationhcomponents
,payhleaderh-
hhcorrecthanswerhhorganizationhwithhahcompensationhpolicyhofhgivinghemployeeshgreaterhrewardshthanhco
mpetitors
payhfollowerh-hhcorrecthanswerhhanhorganizationhthathpayshitshfront-linehemployeeshashlittlehashpossible
resourcehdependencehtheoryh-
hhcorrecthanswerhhpropositionhthathorganizationalhdecisionsharehinfluencedhbyhbothhinternalhandhexternalh
agentshwhohcontrolhcriticalhresources
wagehdifferentialsh-
hhcorrecthanswerhhdifferenceshinhwagehbetweenhvarioushworkers,hgroupshofhworkers,horhworkershwithinhahc
areerhfield
laborhmarketh-
hhcorrecthanswerhhallhofhthehpotentialhemployeeshlocatedhwithinhahgeographichareahfromhwhichhthehorganiz
ationhmighthbehablehtohhire
costhofhlivinghallowancesh-
hhcorrecthanswerhhclauseshinhunionhcontactshthathautomaticallyhincreasehwageshbasehonhthehU.S.hBureauhof
hLaborhStatistics'hcosthofhlivinghindex
markethpricingh-
hhcorrecthanswerhhuseshexternalhsourceshofhinformationhabouthhowhothersharehcompensatinghahcertainhpos
itionhtohassignhvaluehtohahcompany'shsimilarhjob
Compensationhsurveysh-
hhcorrecthanswerhhsurveyshofhotherhorganizationshconductedhtohlearnhwhaththeyharehpayinghforhspecifichjob
shorhjobhclasses
benchmarkhjobsh-
hhcorrecthanswerhhjobshthathtendhtohexisthacrosshdepartmentshandhacrosshdiversehorganizationshallowinghth
emhtohbehusedhashahbasishforhcompensationhcomparisons
,jobhevaluationh-
hhcorrecthanswerhhahsystematichprocesshthathuseshexperthjudgementhtohassesshdifferenceshinhvaluehbetwee
nhjobs
rankinghmethosh-
hhcorrecthanswerhhsubjectivelyhcompareshjobshtoheachhotherhbasedhonhtheirhoverallhworthhtohthehorganizati
on
jobhclassificationhmethodh-
hhcorrecthanswerhhsubjectivelyhclassifieshjobshintohanhexitinghhierarchyhofhgradeshandhcategories
pointhfactorhmethodh-
hhcorrecthanswerhhuseshahsethofhcompensablehfactorshtohdeterminehahjob'shvalue.hskill,hresp,heffort,hworking
hcond.
compensablehfactorh-hhcorrecthanswerhhanyhcharacteristichusedhtohprovidehahbasishforhjudginghahjob'shvalue
skills,hresponsibilities,heffort,hworkinghconditionsh-
hhcorrecthanswerhhFourhcategorieshofhcompensablehfactors
HayhGrouphGuidehCharth-hProfilehMethodh-hhcorrecthanswerhhahpoint-
factorhsystemhishusedhtohproducehbothhahprofilehandhahpointhscorehforheachhposition.
knowhhow
problemhsolving
accountability
workinghconditions
Know-how,hproblemhsolving,haccountability,hworkinghconditionsh-
hhcorrecthanswerhhHayhGrouphMethodhbasedhonhfourhmainhfactors
PositionhAnalysishQuestionnaireh-
hhcorrecthanswerhhahstructuredhjobhevaluationhquestionnairehthathishstatisticallyhanalyzedhtohcalculatehpayh
, rateshbasedhonhhowhthehlaborhmarkethishvaluinghworkerhcharacteristics.hahcopyrighted,hstandardized,hstru
cturedhjobhanalysishquestionnaire.h6hsectionshcoveringh187hjobhelements.
jobhpricingh-
hhcorrecthanswerhhthehgenerationhofhsalaryhstructureshandhpayhlevelshforheachhjobhbasedhonhthehjobhevalua
tionhdata
singlehratehsystem,hpayhgradeshandhbroadbandingh-
hhcorrecthanswerhhThreehmosthcommonhjobhpricinghsystems
payhgradeh(payhscale)h-hhcorrecthanswerhhthehrangehofhpossiblehpayhforhahgrouphofhjobs
broadbandingh-hhcorrecthanswerhhusinghveryhwidehpayhgradeshtohincreasehpayhflexibility
internalhequityh-
hhcorrecthanswerhhwhenhemployeeshperceivehtheirhpayhtohbehfairhrelativehtohthehpayhofhotherhjobshinhthehor
ganization
employeehequityh-
hhcorrecthanswerhhthehperceivedhfairnesshofhthehrelativehpayhbetweenhemployeeshperforminghsimilarhjobshf
orhthehsamehorganization
externalhequityh-
hhcorrecthanswerhhwhenhanhorganization'shemployeeshbelievehthaththeirhpayhishfairhwhenhcomparedhtohwha
thotherhemployershpayhtheirhemployeeshwhohperformhsimilarhjobs
comparablehworthh-
hhcorrecthanswerhhifhtwohjobshhavehequalhdifficultyhrequirements,hthehpayhshouldhbehthehsame,hregardlessh
ofhwhohfillshthem
wagehratehcompressionh-
hhcorrecthanswerhhstartinghsalarieshforhnewhhireshexceedhthehsalarieshpaidhtohexperiencedhemployees
h h h h hh
m 2024 with 100% correct answers
h h h h h
Directhfinancialhcompensationh-
hhcorrecthanswerhhcompensationhreceivedhinhthehformhofhsalary,hwages,hcommissions,hstockhoptionshorhbo
nuses
indirecthfinancialhcompensationh-
hhcorrecthanswerhhallhthehtangiblehandhfinanciallyhvaluedhrewardshthatharehnothincludedhinhdirecthcompens
ationhincludinghfreehmeals,hvacationhtimehandhhealthhinsurance
nonfinancialhcompensationh-
hhcorrecthanswerhhrewardshandhincentiveshgivenhtohemployeeshthatharen'thfinancialhinhnature
basehpayh-hhcorrecthanswerhhreflectshthehsizehandhscopehofhanhemployee'shresponsibilities
severancehpayh-hhcorrecthanswerhhgivehtohemployeeshuponhterminationhofhtheirhemployment
fixedhpayh-hhcorrecthanswerhhpayshemployeeshahsethamounthregardlesshofhperformance
variablehpayh-
hhcorrecthanswerhhbaseshsomehorhallhofhanhemployee'shcompensationhonhemployee,hteam,horhorganization
al
payhstructureh-
hhcorrecthanswerhhtheharrayhofhpayhrateshforhdifferenthworkhorhskillshwithinhahsinglehorganization
payhmixh-hhcorrecthanswerhhthehrelativehemphasishgivehtohdifferenthcompensationhcomponents
,payhleaderh-
hhcorrecthanswerhhorganizationhwithhahcompensationhpolicyhofhgivinghemployeeshgreaterhrewardshthanhco
mpetitors
payhfollowerh-hhcorrecthanswerhhanhorganizationhthathpayshitshfront-linehemployeeshashlittlehashpossible
resourcehdependencehtheoryh-
hhcorrecthanswerhhpropositionhthathorganizationalhdecisionsharehinfluencedhbyhbothhinternalhandhexternalh
agentshwhohcontrolhcriticalhresources
wagehdifferentialsh-
hhcorrecthanswerhhdifferenceshinhwagehbetweenhvarioushworkers,hgroupshofhworkers,horhworkershwithinhahc
areerhfield
laborhmarketh-
hhcorrecthanswerhhallhofhthehpotentialhemployeeshlocatedhwithinhahgeographichareahfromhwhichhthehorganiz
ationhmighthbehablehtohhire
costhofhlivinghallowancesh-
hhcorrecthanswerhhclauseshinhunionhcontactshthathautomaticallyhincreasehwageshbasehonhthehU.S.hBureauhof
hLaborhStatistics'hcosthofhlivinghindex
markethpricingh-
hhcorrecthanswerhhuseshexternalhsourceshofhinformationhabouthhowhothersharehcompensatinghahcertainhpos
itionhtohassignhvaluehtohahcompany'shsimilarhjob
Compensationhsurveysh-
hhcorrecthanswerhhsurveyshofhotherhorganizationshconductedhtohlearnhwhaththeyharehpayinghforhspecifichjob
shorhjobhclasses
benchmarkhjobsh-
hhcorrecthanswerhhjobshthathtendhtohexisthacrosshdepartmentshandhacrosshdiversehorganizationshallowinghth
emhtohbehusedhashahbasishforhcompensationhcomparisons
,jobhevaluationh-
hhcorrecthanswerhhahsystematichprocesshthathuseshexperthjudgementhtohassesshdifferenceshinhvaluehbetwee
nhjobs
rankinghmethosh-
hhcorrecthanswerhhsubjectivelyhcompareshjobshtoheachhotherhbasedhonhtheirhoverallhworthhtohthehorganizati
on
jobhclassificationhmethodh-
hhcorrecthanswerhhsubjectivelyhclassifieshjobshintohanhexitinghhierarchyhofhgradeshandhcategories
pointhfactorhmethodh-
hhcorrecthanswerhhuseshahsethofhcompensablehfactorshtohdeterminehahjob'shvalue.hskill,hresp,heffort,hworking
hcond.
compensablehfactorh-hhcorrecthanswerhhanyhcharacteristichusedhtohprovidehahbasishforhjudginghahjob'shvalue
skills,hresponsibilities,heffort,hworkinghconditionsh-
hhcorrecthanswerhhFourhcategorieshofhcompensablehfactors
HayhGrouphGuidehCharth-hProfilehMethodh-hhcorrecthanswerhhahpoint-
factorhsystemhishusedhtohproducehbothhahprofilehandhahpointhscorehforheachhposition.
knowhhow
problemhsolving
accountability
workinghconditions
Know-how,hproblemhsolving,haccountability,hworkinghconditionsh-
hhcorrecthanswerhhHayhGrouphMethodhbasedhonhfourhmainhfactors
PositionhAnalysishQuestionnaireh-
hhcorrecthanswerhhahstructuredhjobhevaluationhquestionnairehthathishstatisticallyhanalyzedhtohcalculatehpayh
, rateshbasedhonhhowhthehlaborhmarkethishvaluinghworkerhcharacteristics.hahcopyrighted,hstandardized,hstru
cturedhjobhanalysishquestionnaire.h6hsectionshcoveringh187hjobhelements.
jobhpricingh-
hhcorrecthanswerhhthehgenerationhofhsalaryhstructureshandhpayhlevelshforheachhjobhbasedhonhthehjobhevalua
tionhdata
singlehratehsystem,hpayhgradeshandhbroadbandingh-
hhcorrecthanswerhhThreehmosthcommonhjobhpricinghsystems
payhgradeh(payhscale)h-hhcorrecthanswerhhthehrangehofhpossiblehpayhforhahgrouphofhjobs
broadbandingh-hhcorrecthanswerhhusinghveryhwidehpayhgradeshtohincreasehpayhflexibility
internalhequityh-
hhcorrecthanswerhhwhenhemployeeshperceivehtheirhpayhtohbehfairhrelativehtohthehpayhofhotherhjobshinhthehor
ganization
employeehequityh-
hhcorrecthanswerhhthehperceivedhfairnesshofhthehrelativehpayhbetweenhemployeeshperforminghsimilarhjobshf
orhthehsamehorganization
externalhequityh-
hhcorrecthanswerhhwhenhanhorganization'shemployeeshbelievehthaththeirhpayhishfairhwhenhcomparedhtohwha
thotherhemployershpayhtheirhemployeeshwhohperformhsimilarhjobs
comparablehworthh-
hhcorrecthanswerhhifhtwohjobshhavehequalhdifficultyhrequirements,hthehpayhshouldhbehthehsame,hregardlessh
ofhwhohfillshthem
wagehratehcompressionh-
hhcorrecthanswerhhstartinghsalarieshforhnewhhireshexceedhthehsalarieshpaidhtohexperiencedhemployees
