Hrm 361 questions - Study guides, Class notes & Summaries

HRM 361 FINAL EXAM QUESTIONS WITH ANSWERS ALL CORRECT strategic talent management - Answer--Process/identifying the most important jobs in a company that provide long term competitive advantage -creating appropriate HR policies to develop employees so they can effectively work in these jobs -development of employees should be linked to what organization is trying to do -creating effective HR policies -identify critical positon -talent is people skills -process Elements of talent ...

HRM 361 Final Test Questions with Correct Answers (1) Total rewards - Answer-monetary and nonmonetary rewards provided by companies to attract, motivate, and retain employees; pay and benefits Federal/state minimum wage laws - Answer-Fair Labor Standards Act (FLSA): primary federal law affecting compensation which is enforced by the Wage and Hour Division of the U.S. Department of Labor; FLSA sets a minimum wage to be paid to a broad spectrum of covered employees. Congressional action must ...

HRM 361 Final Test Questions with Correct Answers Total rewards - Answer-monetary and nonmonetary rewards provided by companies to attract, motivate, and retain employees; pay and benefits Federal/state minimum wage laws - Answer-Fair Labor Standards Act (FLSA): primary federal law affecting compensation which is enforced by the Wage and Hour Division of the U.S. Department of Labor; FLSA sets a minimum wage to be paid to a broad spectrum of covered employees. Congressional action must ...

HRM 361 Final Exam Questions with All Correct Answers Understand the components of total rewards and more specifically, the components of pay; - Answer-Total rewards include direct pay. base salary, variable pay, promotional increases. Indirect pay - benefits, training and recognition. Because it is typically a company's most significant investment, the management of total rewards should be part of the overall strategic business plan. A first step in assessing total reward offerings begins...

HRM 361 Exam 2 Questions with All Correct Answers what is the difference between recruitment and selection? - Answer-recruitment is the process of finding and attracting capable applicant to apply for employment and selection is selecting employees from the capable applicant pool what are the two main goals of recruitment - Answer-to have a qualified applicant pool and want both parties to have accurate perceptions about the other (realistic job preview) internal factors that affect rec...

HRM 361 Ch. 7 Questions with Correct Answers Selection - Answer-the process of choosing individuals who have relevant qualifications to fill existing or projected job openings Selection process includes a number of procedures such as.... - Answer-Resumes, application blanks Tests Interviews Reference checks Background checks Work samples Assessment centres -what is important is that there are a battery of tests. its not just an interview Selection is important because - Answer-1. t...

HRM 361 CHAPTER 9 TEST QUESTIONS AND ANSWERS STRATEGIC TALENT MANAGEMENT - Answer-IDENTIFYING THE MOST IMPORTANT JOBS IN COMPANY THAT PROVIDE A LONG-TERM COMPETITIVE ADVANTAGE, AND THEN DEVELOPING EMPLOYEES SO THAT THEY CAN EFFECTIVELY WORK IN THESE JOBS SUCCESSION PLANNING - Answer-ENCOURAGES ORGANIZATION TO PREPARE FOR THE INEVITABLE MOVEMENTS OF PERSONNEL THAT CREATES HOLES IN HIERARCHY THAT NEED TO BE FILLED BY OTHER QUALIFIED INDIVIDUALS MAKE OR BUY - Answer-DEVELOP COMPETITIVE HUM...

SHRM-CP Exam 361 Questions with Verified Answers 2022 SHRM - CORRECT ANSWER Society for Human Resource Management What is Business Acumen? - CORRECT ANSWER How an Organization decides to deal with a business situation to drive the best outcomes. -knowledge of the most profitable aspects of the business -understanding of cash flow and the current market situation -thorough understanding of the respective business niche Significance of Business Acumen - CORRECT ANSWER -helps HR bring m...

HRM 361 Final Exam with Complete Solutions To be enforceable by a court, a non-compete agreement within an employment relationship: - Answer-Must be reasonable in scope and duration Title VII of the Civil Rights Act of 1964 - Answer-Prohibits Discrimination: Employment specific protected class Employers are liable for torts done by Iden. Cont. within the scope of the working relationship - Answer-False Whistle-blowing occurs when an employer reports an employee's wrongdoing. - Answer-...