Chapter 6

Question 1

Strategy

Answer 1

How an organization seeks to accomplish its goals, its the basis for how much is spent on human resources

examples include: strategic planning, performance management, employee development, innovation adaption

Question 2

What are the 3 phases of hiring and retention?

Answer 2

Attraction, selection, and attrition

Question 3

Attraction

Answer 3

Drawing in people to candidate pool

Question 4

What are some ways companies draw people to the candidate pool?

Answer 4

By:
-employee branching
-Job postings and advertising
-employee referral programs
-recruitment events and career fairs
-internship and co-op programs
-competitive compensation and benefits
-diversity and inclusion initiatives

Question 5

Selection

Answer 5

Choosing qualified applicants from the candidate pool

Question 6

Attrition

Answer 6

expected/unexpected turnover

Question 7

Recruitment

Answer 7

process by which individuals are solicited to apply for jobs

Question 8

Examples of recruitment

Answer 8

job postings
employee referral programs
networking
recruitment agencies
campus recruitment
target advertising
recruitment events

Question 9

Prospecting Theory

Answer 9

times of high employment

Question 10

Mating Theory

Answer 10

Both the organization and the candidate determine that they are a good match for each other

Question 11

Social Validity

Answer 11

The quality of a selection process that acceptable to job candidates is social validity that is:
-Job related (relevancy)
opportunity to demonstrate validity
-prompt feedback from -organization on their performance

Question 12

Personnel Selection

Answer 12

Work Analysis: suggest predictors to be used

Validation Study: tells us whether the predictor is related to performance on the job.

Majors factors impacting predictor’s value:
Predictor validity
Selection Ratio
Base Rate

Question 13

Predictor validity

Answer 13

Predictor cutoff- what separates applicants who are accepted from those who are rejected.

Question 14

Selection Ratio

Answer 14

number of job openings divided by the number of job applicants

Question 15

Base Rate

Answer 15

percentage of employees who would be successful if individuals were randomly hired

Question 16

Selection Decisions

Answer 16

Predictor Cutoff
Criterion Cutoff
Multiple correlation

Question 17

Predictor Cutoff

Answer 17

What separates applicants from those who are rejected

Question 18

Criterion Cutoff

Answer 18

A standard that separates successful from unsuccessful job performance

Question 19

Multiple Correlation

Answer 19

Statistical measurement of 2 or more predictors combined

Question 20

True Positives

Answer 20

We did hire, and they did perform successfully (correctly accepted)

Question 21

True Negatives

Answer 21

We did not hire, they would not have performed successfully (correctly rejected)

Question 22

False Negatives

Answer 22

We did not hire, but they would have performed successfully
(incorrectly rejected)

Question 23

False Positives

Answer 23

We did hire, but they did not perform successfully (incorrectly accepted)

Question 24

Banding

Answer 24

“banding” typically refers to a compensation strategy used in organizations to group employees’ salaries or pay levels into broad bands or ranges rather than specific individual salaries.

Banding allows organizations to have more flexibility in managing compensation.

However, banding may also pose challenges, particularly if the salary ranges are too broad or not regularly reviewed and adjusted to account for market trends, inflation, or changes in organizational needs.

Overall, banding is a compensation strategy that aims to balance the need for flexibility, transparency, and fairness in determining employee salaries within organizations.

Question 25

Utility

Answer 25

How economically valuable a test is

Question 26

Placement

Answer 26

The process of assigning individuals to jobs based on one test score

Question 27

Classification

Answer 27

The process of assigning
individuals to jobs based on two or more test
scores.