100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
IPMA-SCP Study Guide Competed Study Guide 2024 Questions & Answers Already Passed!_.pdf $7.99   Add to cart

Exam (elaborations)

IPMA-SCP Study Guide Competed Study Guide 2024 Questions & Answers Already Passed!_.pdf

 0 view  0 purchase
  • Course
  • CAIA - Chartered Alternative Investment Analyst
  • Institution
  • CAIA - Chartered Alternative Investment Analyst

IPMA-SCP Study Guide Competed Study Guide 2024 Questions & Answers Already Passed!_.pdf

Preview 2 out of 5  pages

  • September 5, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CAIA - Chartered Alternative Investment Analyst
  • CAIA - Chartered Alternative Investment Analyst
avatar-seller
Denyss
9/5/24, 6:15 PM



IPMA-SCP Study Guide
Jeremiah




Practice questions for this set
Terms in this set (79)

The practice of using fewer pay grades with much broader ranges than in traditional
compensation systems. Main advantage is more consistent with flattening of
organizational levels and growing jobs that are multidimensional. Problem is employees
Broadbanding
expect a promotion to come with a pay raise and movement to a new pay. By not
having this employees will feel there is no room for promotion opportunities. Most
companies use traditional pay grades.

Observe and feedback is given to immediate supervisors. It is the continual process of
learning by doing. Group coaching on leadership can help create high-performance
Coaches
teams. Outside help can come in for executive coaching.
Observation with suggestions.




1/5

, 9/5/24, 6:15 PM
Heighten employee awareness of organizational policies and rules. Being made aware
Counseling
of rules, and knowledge of possible disciplinary actions may prevent violations.

Certain employees select and use certain benefits. Example: employees with younger
Adverse Selection
children are more likely to enroll in orthodontic coverage.

Assessment exercise composed of a series of evaluative tests used for selection and
Assessment Center development. Tests and exercises must reflect the content of the job for which
individuals are being screened, the types of problems faced on that job.

Employees eligible to select a single union to represent and bargain collectively for
Bargaining Unit them. NLRA excludes supervisors from voting or joining. Cannot be be included,
however who qualifies as a supervisor is not always clear.

Process where representatives of management and workers negotiate over wages,
Collective Bargaining
hours and other terms and conditions of employment.

Rights reserved so that the employer can manage, direct and control it's business, even
Management Rights
with a labor contract.

Applicants give specific examples of how they have performed a certain task or
Behavioral Interview
handled a problem in the past.

Structured interview that contains questions about how applicants might handle
Situational Interview
specific job situations.

Stress Interview Designed to create anxiety and put pressure on applicants to see how they respond.

Comparing the business results to the industry. Comparing business metrics to an
Benchmarking industry standard or best practice. Best determined by measures on a year to year
basis.

Can be viewed as objective or subjective. Objective example: number of items sold.
Subjective example: requires judgement on the part of the evaluator and is more
Performance Standards
difficult to determine. I.E. Employees attitude. Indicators of what the job accomplishes
and how performance is measured in key areas of the job.

Disparate Treatment Occurs when members of a group are treated differently than others.

Occurs when members of a protected category are substantially underrepresented as
Disparate Impact
a result of employment decisions that work to their advantage.

Indirect reward given to an employee or group of employees as part of membership in
Benefits their organization. Inflation rates causes employees rates to go up. Benefits is a huge
factor when someone is deciding whether to join or remain at an organization.

Allows employees to select the benefits they prefer from groups of benefits
Flexible Benefit Plans
established by the employer.

Help employee see the "hidden paycheck" or the value of their benefits. Shows the true
Benefit Statements
package of rewards offered by an employer.

Employees are given a budget and can purchase a bundle of benefits most important
Cafeteria Benefit Plan
to them from the "menu" of options offered by the employer.

Worker's Comp Funded by employer, no loss of benefits to employee.

RetirementPlan Established and funded by employer and employee.

Retirement program in which employees are promised a pension amount based on age
Defined Benefit Plan
and years of service.

Defined Contribution Plan Employer makes annual payment to an employees pension account.

401(k) Extra savings for retirement/tax deferred.




2/5

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Denyss. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73773 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart