Exam 9: Attracting and Retaining the Best Employees

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The Giant Company is concerned about controlling labor costs while encouraging employees to work more efficiently.The Giant Company should adopt a ____ strategy.

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An indirect reward given in addition to an employee's regular pay is known as

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How does a replacement chart differ from a skills inventory? What is the purpose of each?

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Job analysis is the systematic procedure for studying jobs to determine expected levels of productivity.

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The process of acquainting new employees with an organization is called orientation.

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As a human resources specialist, you were asked to briefly summarize the disadvantages of using internal recruiting.You have started your report by stating, "The main disadvantage of internal recruiting is that

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The distribution of a percentage of a firm's profits among its employees is called _____.

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Two useful tools for estimating the supply of needed human resources are the

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Which of the following is not a compensation decision?

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Jefferson, Inc.(JI) Jefferson Inc.(JI) is a relatively new company that wants to improve its employee rewards, compensation, and benefits.The company understands that there are effective reward systems that will motivate employees.However, JI management is not sure which would be the best for the company.Compensation, another important area, must also be improved so that it will satisfy all employees effectively.In addition, the company wants to create benefits to keep the employees not just satisfied, but also motivated.Yet another pressing issue is deciding on the training methods that are to be used to successfully teach the new employees. JI believes that it will be on the right path if all of these changes can be successfully accomplished.The company plans to incorporate performance appraisals so it can be sure that the rewards, compensation, and benefits are effectively distributed. -Refer to Jefferson, Inc.When JI management considers performance appraisal, various techniques and methods are either objective or ____ in nature.

(Multiple Choice)
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Human resources planning and recruiting are two of the activities carried out during the development phase of human resources management.

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Job specification is a systematic procedure for studying jobs to determine their various elements and requirements.

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Activities that increase employee satisfaction such as satisfaction surveys, employee communication programs, exit interviews, and fair treatment are all part of which phase of the human resources management process?

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The results of an evaluation should be discussed with an employee soon after the evaluation is completed.

(True/False)
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A firm attempting to reduce the size of its workforce may use several approaches.The approach most likely to be saved as a last resort is _____.

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Compensation and benefits are related to employee motivation.

(True/False)
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Employee compensation systems are generally developed and administered by ____, and pay increases and promotions are usually recommended by ____.

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Define human resources management (HRM), and discuss the overall activities involved in each of its three main phases.

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If Jane were moved from her management position in the men's department at Nordstrom's to a management position in the women's department of the same store, this would be considered a(n) _____.

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A flexible benefit plan allows an employee to allocate a predetermined amount of benefit dollars to various categories of benefits to design a benefit mix that best fits that employee's needs.

(True/False)
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