Module 3 Flashcards

1
Q

What are the tasks HR assists with?

A

– Recruitment
– Legal compliance
– Safety and health
– Labor relations
– Compensation
– Selection
– Orientation
– Training
– Performance evaluation

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2
Q

Line Manager Duties

A

– Determining position requirements for each job
– Making final employee-selection decisions
– Providing departmental- specific orientation
– Initiating on-going training
– Performance evaluation
– Scheduling
– Discipline

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3
Q

HR personnel assist in hotel operations by

A

– Implementing legal policies and tactics to effectively
recruit, select, motivate, and retain staff members
– Developing and delivering orientation, safety, security,
supervisory, and some departmental-specific training
programs
– Developing and communicating equitable and fair HR
policies to all employees while protecting the rights of
the hotel
– Interpreting, implementing, and enforcing the ever-
increasing body of laws and regulations that affect
people at work
– Helping to maintain appropriate standards of work-life
quality and ethical business policies and practices

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4
Q

Job Descriptions

A

– A list of tasks that an employee working in a specific
position must be able to effectively perform.

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5
Q

Job Specifications

A

A list of personal qualities judged necessary for
successful performance of the tasks required by the job
description.

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6
Q

Selection Tools

A

Bona Fide Occupational Qualifications
 Qualifications: to perform a job that are judged reasonably
necessary to safely or adequately perform all tasks within the
job
 Education Or Certification Requirements
 Language Skills
 Previous Experience
 Minimum Age Requirements
 Physical Attributes
 Licensing
– Employment Applications
– Employment Interviews
– Employment Testing
– Background checks
– References

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7
Q

Selection Issues

A

– Civil Rights Act of 1964
 Prohibits discrimination based on race, color, sex, religion,
national origin, disability, and genetic information
– Americans with Disabilities Act(ADA)
 Prohibits discrimination against job candidates with disabilities
– Age Discrimination in Employment Act (ADEA)
 Protects individuals age 40 and older
 Applies to employers with 20 or more staff members
– Immigration Reform and Control Act (IRCA)
 Prohibits hiring illegal immigrants
 Form I-9 developed by INS must be completed
– Fair Labor Standards Act (FLSA)
 Protects young workers from employment interfering with
education or that is potentially hazardous to their health

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8
Q

Employment Agreement

A

– A document specifying the terms of the work
relationship between the employer and employee that
indicates the rights and obligations of both parties.

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9
Q

Legal issues related to employment include

A

– Sexual Harassment
– Family and Medical Leave Act (FMLA)
– Compensation
– Employee Performance
– Unemployment Issues
– Employment Records

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10
Q

Family and Medical Leave Act (FMLA)

A

Hotels who employ 50 or more staff must provide up to
12 weeks of unpaid leave to an employee for:
- Child birth
- Adoption of a child
- Foster care of a child
- Serious illness of an employee
- Serious illness of an immediate family member

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11
Q

Compensation

A

– The Fair Labor Standards Act (FLSA) establishes
minimum wage, overtime work rates, and equal pay
regardless of gender.
– An exception from minimum wage and overtime pay for
staff employed as bonafide executive and
administrative employees (among others).

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12
Q

Orientation Goals

A

– To reduce new employee anxiety
– To improve morale and reduce turnover
– To provide consistency
– To develop realistic expectations

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13
Q

Orientation Programs Address

A

– An overview of the hotel
– Important policies and procedures
– Compensation, fringe benefits, and pay periods
– Safety and security concerns
– Employee and union relations
– Property tours
– Specific topics related to the hotel

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14
Q

Compensation

A

All financial and nonfinancial rewards given to
managers and non-management staff members in
return for their work

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15
Q

Direct Compensation

A

– Salaries
– Bonuses
– Wages
– Commissions

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16
Q

Managing a Benefits Program

A

– Determine objectives
– offer competitive benefits
– Facilitate discussions with employees
– Communicate the “benefit” of benefits
– Monitor Costs

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16
Q

Indirect Compensation

A

– Health Insurance
– Paid Vacation

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17
Q

other human resource activities

A
  • Protecting the safety and health of employees
  • Improving work quality
  • Succession planning
  • Professional Development Activities
  • Cultural Diversity Initiatives
  • Quality Improvement Programs
18
Q

HR assistance for health-related activities can
include:

A

– Developing and selecting programs to help employees
cope with stress
– Developing procedures applicable to workplace
violence
– Communicating updated information about HIV in the
workplace
– Providing information about cumulative trauma
disorders

19
Q

steps in the succession planning process

A

Step 1
– Identifying positions to be addressed in the succession
planning process
– Considering the hotel’s vision
– Assessing future requirements for meeting the guests’
needs
* Step 2
– Determining competencies and other talents required
over the long term
– Basing professional development decisions on talent
needs
* Step 3
– Determining current staff members for training to meet
competencies
* Step 4
– Recruitment of external staff and training them for the
responsibilities of future positions
* Step 5
– Planning and implementing the necessary professional
development programs
– Develop plans for affected staff
* Step 6
– On-going monitoring and revisions in professional
development plans

20
Q

Profit formula

A

Revenue (Sales) – Expense (Costs) = Profits

21
Q

Front-Office Accounting

A

– The process of summarizing and reporting financial
transactions occurring at the front desk.

22
Q

Back-Office Accounting

A

– The process of summarizing and documenting the
financial activity of the entire hotel.

23
Q

Certified Public Accountant (CPA)

A

– A professional designation given to an individual who
has passed a qualifying examination related to
accounting practices and principles.

24
Q

Controller

A

An individual (or department) responsible for
maintaining the back-office accounting systems.

25
Q

Generally Accepted Accounting Principles

A

Standards and procedures for preparing business
financial statements to ensure uniformity

26
Q

The main responsibility of a controller is to
oversee the bookkeeping and accounting
functions, which includes

A

– Development of the systems needed to accurately
collect and report financial information
– Analyze financial information
– Make finance-related recommendations

27
Q

Centralized Accounting System

A

A financial management system that collects
accounting data from an individual hotel(s), then
combines and analyzes the data at a different (central)
site.

28
Q

Decentralized Accounting System

A

A financial management system that collects
accounting data from an individual hotel site and
combines and analyzes the data at the same site.

29
Q

The controller manages

A

– Revenue Forecasts
– Budgets
– Internal controls and reports
– Financial statement preparation and analysis
– Audits

30
Q

what are some examples of revenue forecasts

A
  • Revenue Generation Sources
  • Transient guest rooms
  • Guest laundry
  • In-room movies
  • Telecommunications
  • Food
  • Beverage
  • Business centers
  • Meeting and conference room rentals
  • Group guest rooms
  • Tennis/Pro shop
  • Golf course/Pro shop
  • Health club/Spa
  • Casino/Gaming outlets
  • Retail outlets
  • Salons (Barbershops/Beauty parlors)
  • Parking garage
31
Q

The development of budgets assists hotels by

A

– Allowing management to anticipate and prepare for
future business conditions.
– Providing a communication channel whereby the
hotel’s objectives are passed along to its various
departments.
– Encouraging department managers in the preparation
of the budget to establish their own operating
objectives and evaluation techniques and tools.
– Providing the GM with reasonable estimates of future
expense levels and serving as a tool for determining
future room rates and other price structures.
– Helping the controller and GM to periodically carry out
a self-evaluation of the hotel and its progress toward
achieving its financial objectives

32
Q

long-range budget

A

– 2-5 year period
– Useful for long-term planning, considering wisdom of
debt financing, refinancing, and scheduling of capital
expenditures.

33
Q

annual budgets

A
  • coincides with the calendar year
  • more detailed and less fluctuation
34
Q

Monthly Budgets

A

– Helps determine whether a business is maintaining
progress toward the goals developed in its annual
budget
– Great for seasonal hotels or hotels whose revenue and
expenditures vary greatly depending on the time
(season) of the year the hotel is operating

34
Q

Accounts Payable

A

– The sum total of all current invoices owed by the hotel
to its vendors for credit purchases made by the hotel.

35
Q

Four major concerns in AP systems are:

A

– Payment of proper amounts
– Payments made in a timely manner
– Payment records properly maintained
– Payment totals assigned to appropriate departments

36
Q

Coding

A

The process of assigning incurred costs to predetermined cost
centers or departmental expense categories.

37
Q

Daily Operating Statistics

A

– Manager’s Daily Sales Report
 An accurate recap of the prior day’s rooms, Food and
Beverage, and other departmental revenues
– Property Management System (PMS)
 The computerized system used by the hotel to manage its
rooms revenue, room rates, room assignments, and
reservations, as well as other selected guest service functions.

38
Q

Detailed Room Revenue Statistics

A

– Night Auditor
 The individual who performs the daily review and summary of
guest transactions recorded at the front desk.
– Guests’ payment card charges
– The amount of cash on hand
– Revenue sales totals
– Detailed room revenue statistics
– Allowances and adjustments

39
Q

Allowances and Adjustments

A

The reductions in sales revenue credited to guests because of
errors made when recording sales or to appease a guest for
property shortcomings.

40
Q

Detailed room revenue report includes

A
  • Rooms available
  • Total rooms occupied
  • Rooms occupied by guest type
  • Occupancy percent
  • Total ADR
  • ADR by guest type
  • Total RevPar
41
Q

assets formula

A

liabilities plus owners equity

42
Q
A