Exam 5: Individualorganization Relations and Retention

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What are the hidden costs of turnover?

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Hidden costs of turnover are less obvious than other costs and include reduced productivity, decreased customer service, additional unexpected employee turnover, and missed project deadlines.

Which of the following statements is true about turnover?

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C

_____ is defined as the perceived fairness of what a person does compared with what the person receives.

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A

Explain the no-fault policy that some companies use to address absenteeism.

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Employers can address job satisfaction by regularly surveying employees.

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If the compensation for a job is within _____ of the market rate, it is considered to be competitive pay.

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What are the five main drivers of retention? Describe the HR-related activities which are related to each driver.

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Functional turnover usually proves to be positive for organizations.

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What are the factors that should be considered when estimating the cost of turnover to an organization?

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What are the three major factors that affect individual performance in organizations?

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Define organizational commitment.

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Higher unemployment rates usually mean more dissatisfied employees in the workforce.

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Frederick Herzberg proposed the:

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Alice, an efficient waitress at a moderately-priced family restaurant, consistently gets the lowest tips from customers. She announces that she is quitting to take another job at a newly-opened casino. This best exemplifies a(n) _____ turnover.

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Insufficient pay is one of the reasons that lead to employee turnover.

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Employee productivity is a tangible aspect of psychological contracts.

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Which of the following is an intangible item in a psychological contract?

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Developing skills in employees increases the likelihood that the employees would quit an organization.

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Which of the following is considered to be a hygiene factor by the motivator/hygiene theory?

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It is important to focus more on getting employees in their first year to stay because:

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