HRMT1101 Final Exam Questions With Correct Answers

HRMT1101 Final Exam How to link employees' personal goals to org goals? What is the overall goal of these approaches? - ANS Cascading Linking up How to assess perf of entire company? What are some of the perspectives under this approach? - ANS Balanced Scorecard Link financial measures with other KPIs including customer satisfaction persepctive measurements, org internal processes measurement and learning, growth and innovation measurements What are some of the uses of performance appraisal? Why is it important to know the pirpose of performance appraisal? - ANS Administrative decisions Feedback and Perf improvement Employee development and career planning Validation for test Training program objectives Job redesign help determine rating methods, frequency of feedback, rater's use, etc. performance measures must be ______ that determine performance. - ANS easy to use, be reliable, and report on the critical behaviours [important] PA process - ANS 1. Setting Performance Objectives: Perf Mgmt Plan (PMP) 2. Measure Performance 3. Communicate Feedback 4. HR Records and Decisions What is PIP? What is PIP processes? - ANS 1. Getting Started 2. Develop Action Plan 3. Review PIP 4. Meeting with the employee 5. Follow up 6. Conclusion What are some functional feedback PA can provide - ANS selection & screening process Job analysis correctness HR's inability to respond to the external environment Legal Aspect of PA - ANS relevant to job, avoid non-relevant a reasonable time must be set for perf improvement well documented perf shortcoming and use of feedback interview have been favoured by court T/F: employees who are top performers are not necessarily the people with the highest potential for working in key organizational positions or areas, or for moving up in the organization. - ANS T Total compensation model leads to - ANS easy recruitment low TO High perf enhanced rep What is internal equity and external equity? - ANS Internal equity is the relative worth of the jobs, more skills = more pay External equity exmines if the job compensation is fair compared to what the market pays What is the difference between absolute and relative pay? - ANS total money received vs amount paid to others If compensation perceived inaapropriate, what could occur? - ANS performance, motivation and satisfaction decline TO dissatisfaction with absolute or relative pay