CHAPTER 9 & CHAPTER 10 OFFICE ADMINISTRATION

A ___________ is assigning the employee to another job with a similar level of responsibility and in most cases, without change in pay. 

• layoff

• termination

• transfer

• promotion

This is the rate at which people enter and leave employment in a business during a year.

• turnover rate

• leave rate

• turnaround rate

• retentation rate

A performance appraisal assumes that an employee understood what his or her performance standards were before the appraisal. 

• True

• False

List out THREE (3) types of external sources of employment?

Below are the goals of the strategic compensation policy EXCEPT:

• to attract new employees

• To control the compensation budget.

• To reduce unnecessary turnover.

• To create a harmonious working environment.

Annual leaves are categorized as ___________ compensation components.

• direct

• financial

• indirect

• non-financail