Chapter 11 Flashcards
a scoring approach whereby candidates must receive a passing score on an assessment before being allowed to continue on in the selection process.
Multiple Hurdles Approach
an approach whereby high scores on some assessments can compensate for low scores on other assessments.
Compensatory Approach
giving multiple assessment equal weight when computing a candidate’s overall score.
Unit Weighting
a weighting method whereby experts assign a different subjective weight to each assessment score.
Rational Weighting
a weighting method using a statistical technique, such as multiple regression, to assign a different weight to each assessment score.
Statistical Weighting
a job offer that consists of a below market rewards package.
Low Job Offer
a job offer in which the total rewards package offered is competitive with the market offer.
Competitive Job Offer
a job offer in which the total rewards package is above the market offer.
High Job Offer
the company’s best and final offer.
Maximum Job Offer
a clause in a contract that requires one party to do, or refrain from doing certain things.
Restrictive Covenant
a written letter describing in clear and precise terms exactly what the compensation structure and terms of an employment contract will be.
Offer Letter
a written or verbal employment contract.
Explicit Employment
an understanding that is not a part of a written or verbal contract.
Implicit Employment Contract
backing out of a contract after it is accepted.
Reneging
