Chapter 9 & 16 Flashcards
Employee productivity formula
= Retailer’s sales or profit/ Number of employees
Employee turnover formula
= Number of employees leaving their job during the year / Number of positions
Employee Productivity T or F
can be improved by increasing the sales generated by existing employees
True
Employee Productivity T or F
can be improved by reducing the number of employees
True
Employee Productivity T or F
is directly related to the retailer’s short-term profits.
True
Employee turnover T or F
is a behavioral measure of employee’s attitudes.
True
Employee turnover T or F
can be greater than 100%.
True
Employee marketing (employee branding)
A marketing program to attract the “best and brightest” potential employees
Issues in retail human resource management - Legal and regulatory issues
Equal employment opportunity- To protect employees from unfair discrimination in the workplace
Illegal discrimination: the actions of a company or its managers that result in members of a protected class being treated unfairly and differently than others
Fair Labor Standard Act (1938):
Fair Labor Standard Act (1938): sets minimum wages, maximum hours, child labor standards, and overtime pay provisions