MIDTERM PART 5

Question 1

System that places weight (points) on each of the compensable factors in a job. Total points establishes a job’s relative worth. Jobs that fall within a specific range of points fall into a grade associated with a specific wage or salary.

Answer 1

Point method

Question 2

complex quantitative method that combines elements of both the ranking and point methods. Factor comparison results indicate the degree to which different compensable factors vary by job.

Answer 2

Factor comparison method

Question 3

a characteristic used to compare the worth of jobs and the EPA requires employers to consider (several) compensable factors for setting pay for similar work performed by both females and males.
§ Factors include skill, effort (mental and physical exertion), responsibility and working conditions

Answer 3

Compensable factor

Question 4

Lists the main features of a specific job. Typically includes the person’s main duties, responsibilities, and working conditions. It also includes the job title and to whom the person holding that job has to report.

Answer 4

Job description

Question 5

A document (or a section of the job description document) that is focused on the knowledge, skills, abilities, and characteristics required of an individual in order to perform the job
§ Educational level and professional certifications
§ Experience
§ General characteristics (team player, effective writing skills)
§ Specific knowledge (foreign language or software program proficiency)

Answer 5

Job specification

Question 6

The process of applying predefined compensable factors to jobs to determine their relative worth

Answer 6

Job evaluation

Question 7

Standards that indicate the level of acceptable execution for each function and are usually set for both quantity and quality. Should be objective and measurable
Example: Number of charts coded per day
-Some measure in levels
-Outstanding
-Exceeds expectations
-Meets expectations
-Needs improvement
-unsatisfactory

Answer 7

Performance standards

Question 8

§ Process of finding, soliciting, and attracting new employees.
§ Consider:
§ Whether to promote from inside the organization or to look outside the organization
§ If advertising externally
§ Ad in newspaper or professional journal
§ Post on organizations employment site or internet recruitment sites
§ Announce at professional meetings
§ Most of the time the approach to recruitment depends on the nature of the open position
§ Resumes and applications need to be submitted

Answer 8

Recruitment (employee)

Question 9

Unpaid leaves of absence initiated by the employer as a strategy for downsizing staff in response to a change in the organization’s status
- In many cases unlike termination employees are called back to work at some future date.

Answer 9

Layoff

Question 10

team based decisions are more widely accepted than managerial decisions because team members enlist support for the decisions from their peers and coworkers

Answer 10

Team decisions hold a lot of weight and are accepted