1 | Pestle Analysis | | _____ | Assessment tools that present prospective leaders with sample situations and problems they might encounter in a work environment. |
2 | Pilot Programs | | _____ | HR function that acts on the organizational human capital needs identified through workforce planning and attempts to provide an adequate supply of qualified individuals to complete the body of work necessary for the organization’s financial success. |
3 | Point-Factor System | | _____ | Ability of an organization to keep its employees. |
4 | Premiums | | _____ | Interviews designed to probe areas of interest to the interviewer in order to determine how well a job candidate meets the needs of the organization. |
5 | Productivity-Based Pay | | _____ | Pay based on the quantity of work and outputs that can be accurately measured. |
6 | Realistic Job Preview (RJP) | | _____ | Tool used in the staffing/selection process to provide an applicant with honest, complete information about the job and work environment. |
7 | Recruitment | | _____ | Payments in return for the achievement of specific, time-limited, targeted objectives. |
8 | Red-Circle Rates | | _____ | Job evaluation method that looks at compensable factors (such as skills and working conditions) that reflect how much a job adds value to the organization; points are assigned to each factor and then added to come up with an overall point value for the job. |
9 | Remuneration Surveys | | _____ | Instruments that collect information on prevailing market compensation and benefits practices (including starting wage rates, base pay, pay ranges, statutory and market cash payments, variable compensation, and paid time off). |
10 | Retention | | _____ | Learning/development programs offered initially in a controlled environment with a segment of the target audience. |
11 | Selection | | _____ | Analyzing candidates’ application forms, curriculum vitae, and résumés to locate the most-qualified candidates for an open job. |
12 | Selection Interviews | | _____ | Provides each incumbent of a job with the same rate of pay, regardless of performance or seniority; also known as flat-rate pay. |
13 | Selection Screening | | _____ | Process of evaluating the most suitable candidates for a position. |
14 | Single-Rate Pay | | _____ | State in which an organization’s strategy is consistent with its external opportunities and circumstances and its internal structure, resources, and capabilities. |
15 | Situation Judgment Tests (SJTS) | | _____ | System of actions that leaders take to drive an organization toward its goals and objectives. |
16 | Sourcing | | _____ | Structured conversations with employees for the purpose of determining which aspects of a job encourage employee retention, or may be improved to do so. |
17 | Staffing | | _____ | Process by which an organization generates a pool of qualified job applicants. |
18 | Stay Interviews | | _____ | Situations in which employees’ pay is above the range maximum. |
19 | Strategic Fit | | _____ | Scanning process that searches for environmental forces in political, economic, social, technological, legal, and environmental categories. |
20 | Strategic Management | | _____ | Process by which an organization seeks out candidates and encourages them to apply for job openings. |