CH 11: Choosing and Hiring Candidates Flashcards

1
Q

What are the two ways of combining assessment scores?

A

Multiple hurdles

Compensatory approaches

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2
Q

Why do we combine assessment methods?

A

Validity

BTW- scores must be meaningfully combined

An assessment plan must specify how scores and methods are to be combined

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3
Q

Multiple Hurdles Method

A

Candidates must receive a passing score on an assessment before being allowed to continue in the selection process

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4
Q

The disadvantages of Multiple Hurdle

A

Costly and

can take more time as candidates need to visit repeatedly for the assessments.

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5
Q

When is multiple hurdles method used?

A

When cost of poor performance is high. Eg. When safety is as risk

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6
Q

Compensatory Approach

A

High scores on some assessments can compensate for low scores on other assessments

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7
Q

The disadvantage of the Compensatory Method

A

Less useful for jobs in which specific talents must exist at a minimum level

So because u are focused on the overall score, a person my have an unsatisfactory score for a specific area, but that is covered with a better score in another area.

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8
Q

What are the ways to execute the compensatory approach?

A

Unit Weighting: Giving each assessment method equal weight and then combining scores.
(some methods may not equally predict performance and have to use diff. scales; in this case, we standardize the score-convert it in terms of standard deviation)

Rational Weighting: Experts assign diff subjective weight on each assessment score

Have to agree; accommodates fact that diff methods must be weighted differently
May not be the best predictor

Statistical Weighting: Uses multiple regression, to assign a different weight to each assessment score.

    Multiple Regression: most scientific approach to determining how to weigh each assessment in computing a candidate's overall score.
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9
Q

Combining Multiple hurdles approach and Compensatory approahces:

A

So areas with minimum requirements should have hurdles, whereas other characteristics may be compensatory

So you can start with the hurdles, then you can weight and combine the compensatory scores at the end (after weeding out unsatisfactory candidates)

The highest scoring offered the job
So- chemist for hair products- I want technical skills and innovation(do job analysis to verify innovation), compensatory are …. (do later)

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10
Q

methods of selecting the final choice

A

Cut score: a minimum assessment score that must be met or exceeded to advance to the next assessment phase or to be eligible to receive a job offer
-Should be high enough so that the company’s new hires at least meet or exceed any minimum standards of success

Rank Ordering: Ranking candidates from highest to lowest scoring

Banding: Everyone who scores within a certain range of scores is considered to have performed equivalently and assigned the same grade:

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11
Q

What to note when using Ranking or Cut score?

A

Additional decision needed about whether to hire from the top of the list down, or create a pool of finalists from which to make a final choice

The pool can be ranked according to global or specific assessments, selected randomly or banded

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12
Q

Diversity

A

affirmative action and diversity programs need to be carefully implemented to avoid the potential for legal trouble

Don’t begin diversity attempts at the assessment stage, do it at the recruiting and sourcing stage- attract and bring in diversity first, then assess

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13
Q

Before extending a job offer you should:

A

Do background check and verify the truthfulness of the information put down

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14
Q

T/F: It’s a good idea to identify a backup hire in case your first choice does not take the job

A

True

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15
Q

Factors that affect the content of job offers:

A
  1. Organizational- internal equity, need to hire now vs later
  2. Finalist- Other good job offers available- so more attractive one needed
  3. Type of Job- lower-level shorter and less detailed than executive.
  4. Legal- EEO and affirmative action. If diversity is goal, may have to enrich the job offer to get qualified diverse applicants- like If you have trouble getting certain subgroups to accept offers- single mom latina
  5. External - tightness of labour market, market level for compensation
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16
Q

Compensation Decisons

A

Low job offer- below-market rewards

Competitive offer: total rewards competitive wiht market

High- above the market rewards

Maximum- the company’s best and final offer

17
Q

Implicit employment contract

A

An understanding that is not part of a written contract

18
Q

Important aspects of a legally binding (employment) contract

A

Offer- outlining terms and conditions for employment (and possibly deadline for acceptance)

Acceptance- Accepting party fully agrees to terms and conditions without variance/counteroffers

Consideration: promise of exchange of value- labour for pay

19
Q

Contract Content

A

Golden Parachutes- lump sum money given in case you get let go from certain jobs. They do this so that there is no risk of issues from that let go employee

Restrictive covenants- non disclosure, non compete, trade secret agreements

20
Q

Trade secrets

A

Any type of information, process, idea or “know how” that is not generally known and gives the possessor and advantage in the market place

21
Q

Companies and trade secret litigation

A

Take reasonable precaustions including requiring employees to sign confidentiality, non disclosure, noncompete form

22
Q

Interviewers and trade secret litigation

A

They should know what info is protected, and how to interview candidates

23
Q

Executives and employment contracts

A

Contracts usually focus more on termination than employment issues

24
Q

Mandatory Arbitration

A

Requires parties to use arbitration rather than litigation to resolve disputes

25
Q

How to present a job offer

A
  1. In writing via an offer letter
  2. Verbally, often to facilitate negotiation before finalizing the terms in a formal offer letter
  3. Show your company has a unique value proposition
  4. Emphasising selling points of the job itself and the career development opportunities that exist
    -Job rewards analysis should help identify some of a job’s most attractive tests
26
Q

Negotiable Job Offer Elements

A

Salary

Sign-on bonuses and other one time inducements

Nonsalary bonuses- performance bonuses, severance package

Relocation expenses- house hunting

Benefits: Vacation, sick leave, and personal days number

Job-specific elements: timing o first performance review, potential raise

27
Q

Job offer negotiation tips

A

Do not look at negotiation as an either/or proposition

Identify what you can and cannot part with

Suppress emotions

28
Q

Closing the deal

A

For job offer acceptances: Ensure that finalist followed proper proceedures, accepted offer as written, and responded before deadline

Congratulate them and express enthusiasm on having them onboard

To begin new hire’s transition into the company, stay in contact with the new hire- encourage supervisor and college to do same

29
Q

Renegotiating contracts

A

Likely to happen when for eg. job responsibilities change and thus employment terms and conditions may change- may be entitled to more pay and benefits

Some renegotiated contracts come simply as a letter announcing the changes

30
Q

Fairness perceptions

A

Distributive: fairness of outcomes received

Procedural: fairness of policies and procedures that determine hiring outcome

Interactional: perceptions of the degree of respect and quality of the interpersonal treatment received

31
Q

Rejecting a candidate

A

Do so respectfully

Distributive fairness may be seen as low, so maximize procedural and interactional fairness perceptions of rejected candidates

Can reduce negative feelings of rejected internal candidates by explaining why

32
Q

When finalist rejects an offer

A
  1. Find out why and if you can negotiate
  2. Promptly and respectfully acknowledge rejection
33
Q

Reneging

A

Backing out of contract after it is accepted

-Job seekers should not accept offer if they don’t wanna commit

-Employers should not pressure candidates to take offer

34
Q

If the employer must renege offer/new hire because of changes in conditions (for eg.) then:

A

Individual often receives compensation for breaking the contract

35
Q

Legal recourse after reneging

A

Promissory estoppel: Legal doctrine supporting the harmed party in enforcing promises made

Misrepresentation: if employer knew about reason for offer withdrawal before withdrawal was made ( eg. corporate restructuring)

36
Q

Analytics: Most important metrics at this stage include:

A

Time to fill: # of days a job goes unfilled

Quality of hire

Cost per hire

Diversity of new hires

37
Q

T/f Hiring decisions are an area thatTechnology can not outperform human judgement and interaction

A

T

38
Q

Parts of job offer letter

A

Demographics: welcome to company, to fufil job positon, full time/part time basis, at pay rate of x

Pre employment: Conditional offer contingent on passing specifies background and drug tests- attached are the testing proceedures- contact hr for any queries

Closing Statement: statements on notifying that when you sign represent full acceptance of terms and conditions. Deadlines or acceptance. Positive closure- we look forward to your arrival and anticipate a productive partnership as we work towards making 4 excl’s number one.