Which of the following is a term used to describe efforts made by a downsizing company to help former employees through the transition to new jobs and help them re-orientate to the job market?
Outplacement is a term used to describe efforts made by a downsizing company to help former employees through the transition to new jobs and help them re-orientate to the job market.
Answer option C is incorrect. The utility function is a term that describes the exact amount of risk an organization is willing to tolerate.
Generally, the higher the priority of the thing that the risk is affecting, the lower the risk tolerance.
Answer option A is incorrect. The common law term duty of diligence describes an employee's responsibility to act with reasonable care and skill for the employer. This is part of the employee-employer payment contract.
Answer option B is incorrect. An exit interview is conducted by HR department before an employee leaves the company.
Question: Consider your role as a HR Professional in your organization. In your duties you're to keep abreast of market trends, practices in HR, employee attitudes, and your business needs. What component of the HR Impact Model is addressed in this situation?
The HR Professional in this role of the catalyst is involved in the HR practices, trends, business needs, and understands the company's culture and employee attitudes. Answer option D is incorrect. The consultation role helps to define the overall organizational strategy.
Answer option B is incorrect. The policies and procedures role establishes and controls the HR processes, employee programs, and ensures fair treatment for employees.
Answer option A is incorrect. The programs and processes role oversees programs to attract and motivate employees, and promotes employee satisfaction and performance.
The management and union are proceeding to an arbitration hearing that will be conducted by an arbitration panel. Which one of the following best describes the makeup of the arbitration panel?
An arbitration hearing by a panel typically uses three arbitrators. One arbitrator is selected by the management, one by the union, and one is approved by both management and union.
Answer option D is incorrect. The three arbitrators are not selected by just one party.
Answer option B is incorrect. Management gets to approve one arbitrator, the union gets to approve one arbitrator, and both parties approve the neutral arbitrator.
Answer option A is incorrect. The arbitrators are not randomly selected.
Your organization has decided to close one of the manufacturing plants, where it employs 250 employees. The closing is not a reflection of the employee's performance, but due to poor sales of the equipment the plant produces. What is the employer required to do for the employees in light of the plant closing?
The only requirement the organization must fulfill is to offer, in writing, a notice of the plant closing at least 60 days prior to the closing event. Answer option C is incorrect. The organization is not required to offer job transfers. Answer option B is incorrect. The organization is not required to offer severance packages, though many organizations may. Answer option D is incorrect. The organization is not required to offer a final performance assessment for the employees.
Jennifer is the HR Professional for her organization. Her supervisor, Dan, has asked Jennifer to find the Compa-ratio for Sam. Sam earns $40,000 as a mechanic, but the midpoint for a mechanic is actually $50,000. What is the Compa-ratio for Sam?
The compa-ratio helps organizations determine how closely an employee's pay is in synch with market. You must also consider the length of employment, service, skills, and other factors in the decision for compensation. The ratio is found by dividing the employees' salary ($40,000) by the midpoint for the role ($50,000) for the ratio of 80 percent.
Answer options A, D, and C are incorrect. These are not valid calculations for the compa-ratio.