Economics > QUESTIONS & ANSWERS > WGU C236 End of Text Review.1 Overall Course Assessment (All)

WGU C236 End of Text Review.1 Overall Course Assessment

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WGU C236 End of Text Review.1 Overall Course Assessment Job and pay form-specific reward strategies allows for: Maximum customization as the organization positions its pay similar to the market dif... ferently for different jobs and pay forms Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms Maximum customization as the organization positions its pay relative to the market similar for different jobs and pay forms Minimum customization as the organization positions its pay relative to the market differently for different jobs and pay forms ✔✔Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms A Total Rewards system should consider how to ____________ and ______________ quality and rewarding management-employee relationships at work. need; nurture explain; build explain; need build; nurture ✔✔build; nurture Many organizations pair a commission-based system with some other form of base pay (such as salary) to more evenly distribute risk. True/False ✔✔True Designing a reward system requires careful consideration of the consequences that follow performance-related behavior at work. True/False ✔✔True As a general rule, base pay strategies rarely lead the market by more than ________. 10% 12% 7% 5% ✔✔10% Provisions of the FLSA apply to certain employees but not to: Exempt employees Non-exempt employees Senior management employees Management employees ✔✔Exempt employees Pay should be equal for the which of the following: Gender Age Ethnicity All of the above ✔✔All of the above Within the Role and Control Strategy, an organization can choose to do which of the following: Centralized approach Decentralized approach Both A & B None of the above ✔✔Both A & B Centralized approach Decentralized approach COLA stands for: Cost of Living Adjustments Court of Living Accumulation Court of Living Associations Cost of Linking Associations ✔✔Cost of Livin [Show More]

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