Exam 11: Human Resources Management

________ refers to tying rewards to profits or cost savings achieved by meeting specific goals.

What is a 401(k)plan? How does it differ from an employee stock-ownership plan?

What are the alternative work arrangements that a company can use to better accommodate the needs of employees?

________ refers to a statement of the tasks involved in a given job and the conditions under which the holder of a job will work.

Employee benefits refer to ________.

________ is a defined contribution retirement plan in which employers often match the amount employees invest.

An overall environment that results from job and work conditions is called ________.

Irene has been working as the senior manager at Ashton Industries for the past four years.Though she has high performance levels,she finds it difficult to move to a top executive position because of subtle discrimination,such as lack of mentoring,limited access to informal networks of communication,and biased rating and testing systems.She is often assigned to projects where there is very limited scope for career growth.In this example,Irene faces ________.

A 401(k)plan refers to a defined-benefit plan in which companies specify how much they will pay employees upon retirement.

The term ________ represents workforce planning efforts that identify possible replacements for specific employees,usually senior executives.

Arc Techsystems Inc.,a global technology services and outsourcing company,was forced to lay off several employees due to a business slow-down.To help laid-off employees re-orientate to the job market,the company provided them résumé-writing courses,career counseling,office space,and secretarial help.In this example,Arc Techsystems Inc.provides which of the following services to the laid-off employees?

Massay Manufacturers,a toy manufacturing company,provides free consultation with a professional dietitian who comes to the office premises every Friday.The HR department also encourages employees with low immunity to avail the gym facilities provided by the firm.Massay Manufacturers uses which of the following tools to tackle the high health-care costs?

Wage employees are exempt from the Fair Labor Standards Act.

Which of the following acts prohibits any form or testing that can be construed as a preemployment medical examination?

Melissa is a pharmaceutical sales representative and her compensation includes a percentage of her sales each quarter.This type of pay is called ________.

James C.Massey is the team-lead of a team of twelve associate consultants and two senior associate consultants at AMZ Inc.,a global management-consulting firm.James' performance appraisal requires a web-based feedback form to be filled by his manager,the members of his team,as well as several other team-leaders he has worked with.The HR department consolidates data obtained from these forms and provides James with detailed feedback regarding his performance during the past year.In this example,which of the following performance appraisal methods is used?

Aligning the workforce refers to ________.

Compare and contrast wage and salary?

The human resource department at Wagner Group,a financial services firm,identified a list of key executives who were critical to the functioning of the firm.The HR department then worked with these executives to identify potential middle-level managers who would go through a mentoring and leadership development program.These middle-level managers were to act as potential replacements if the firm lost any of its key executives.In this example,the Wagner Group uses which of the following strategies?

________ refers to flexible benefit programs that let employees personalize their benefits packages.