HRM 481 Exam #2 Part 1 Flashcards
Memorize all study terms!
How have 21st century analytics changed the staffing models?
Efficiency v. Time, Cost and Business v. Risk Avoidance, looking at candidate relationships
What are some questions to ask if you were strategic with talentship and using a new headcount review?
- What do employees do that make the biggest difference in business?
- How does their activity blend with others in the company?
- How do these activities affect business? What/How do you involve frontline managers and supervisors?
If a department hires one hundred people at an average of 50k/year, you could come up with a charge back of 10%, or ____ per hire.
$5,000 per hire
_____ are cost per hire, annual salary, and cost per source.
Cost metrics
How do you measure the quality of a new hire?
6-month review, productivity, organization expectations
What are some talent orientated staffing questions?
- What individuals are you targeting?
- What is the recruitment message?
- Where are you sending that message?
____, ____, and ____ are key in matching what the department needs with the candidates provided.
Quality, performance, and retention
When filling the CEO position externally, there is a ____% chance the CEO will leave within 18 months.
50%
____ and ____ matter to business managers when it comes to the staffing process.
Quality and Speed - “the best candidates in a hurry!”
____ is the percentage of salary cost of a new hire on average in the first year.
8% - 12%
What are the ideal measurements of a strategic performance appraisal?
Measuring actual performance against results - Did that person help the company and themselves meet the goals? Are they progressing with their skills and knowledge?
How could you measure a recruiter’s effectiveness in staffing?
Retention, time to fill, yield from your sources
____ is a new term which is building organization effectiveness by improving decisions that affect or depend on human capital, where they make the biggest strategic difference, and wherever they are made.
Talentship
Social media is very effective with recruiting in what areas?
Non Management, executive, management, entry-level - all positions
Leaders are in short supply, HR can allocate where? There is the greatest impact or the term ____.
Lateral/Deploy