SHRM CP EXAM QUESTIONS AND CORRECT SOLUTIONS 2024.

Career Planning - correct answer Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - correct answer Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - correct answer People who learn best by relying on their sense of hearing. Andragogy - correct answer Study of how adults learn. Cost-of-living adjustment (COLA) - correct answer Pay adjustment given to eligible employees regardless of performance or organizational profitability; usually linked to inflation. Compa-ratio - correct answer Pay rate divided by the midpoint of the pay range. Broadbanding - correct answer Combining several salary grades or job classifications with narrow pay ranges unto one brand with a wider salary spread. Behavioral interview - correct answer Type of interview that focuses on how applicants previously handled real situations. Applicant tracking software (ATS) - correct answer Software that provides an automated way for organizations to manage the recruiting process. Developmental activities - correct answer Activities that focus on preparing employees for future responsibilities while increasing their capacity to perform their current jobs. Compensation - correct answer All financial returns (beyond any benefits payments or services), including salary and allowances. Career development - correct answer Process by which employees progress through a series of stages in their careers, each of which is characterized by relatively unique, themes, and tasks. Benefits - correct answer Payments or services provided to employees to cover issues such as retirement, health care, sick pay/disability schemes, life insurance, and paid time off.