HRM Comprehensive Review

Describe HRM in 1-2 words.

Benefits typically account for over 30% of total compensation costs.

• True

• False

The job evaluation process:

• extends the job analysis.

• determines the relative worth of each job.

• matches salary survey data to jobs.

• determines market-driven pay rates.

A business that uses innovation as a strategy would likely offer total rewards that

• lag the market.

• lead the market.

• match the market.

What is the main goal of performance appraisals?

• To justify employee termination

• To recognize strengths and identify opportunities for improvement

• To create a competition among employees

• To reduce the company's payroll expenses

Which of the following is an example of indirect compensation?

• Monthly salary

• Health insurance

• Overtime pay

• Bonuses

Not documenting earlier actions could prevent management from imposing future discipline.

• True

• False

Which rater error means everyone was rated about the same?

• Leniency

• Recency

• Central tendency

• Similar-to-me

Title VII of the Civil Rights Act prohibits discrimination against disabled persons.

• True

• False

Affirmative action applies to all federal agencies and government contractors.

• True

• False