Employment Life Cycle Flashcards
1
Q
Recruiting
A
The process of attracting appropriate applicants for an organization’s jobs
2
Q
Quality of Hire
A
Measures how closely incoming employees meet the company’s needs
3
Q
Termination
A
The process of getting rid of an employee through layoff or firing
4
Q
Layoffs
A
Termination of employees for economic or business reasons
5
Q
The Recruiting Process
A
Assemble candidate pool Screen candidates Interview candidates Compare candidates Investigate candidates Make an offer
6
Q
Rightsizing
A
Euphemism used to suggest that an organization is making changes in the workforce to match its business needs more precisely
7
Q
Worker Buyouts
A
Distributions of financial incentives to employees who voluntarily depart: usually undertaken in order to reduce the payroll
8
Q
Mandatory Retirement
A
Required dismissal of an employee who reaches a certain age
9
Q
3 Phases of Employment life cycle
A
Hiring
Termination
Retirement
