QUESTION: 81

You are the HR Professional for your organization and you have been asked to hire a project manager. The average market salary for the project management position, you have available is $87, 500. Which one of the following salaries would be indicative of lagging the market?

$79, 000
$101, 000
$87, 500
$88, 000

Answer(s): A

Explanation:

Lagging the market means the organization pays less than the market norm. The best answer is $79, 000 as it's below the stated norm for the project management position. Answer option C is incorrect. This value would be matching the market. Answer option D is incorrect. This answer would be leading the market. Answer option B is incorrect. This answer would be leading the market, by a significant amount.

Reveal Solution Next Question

QUESTION: 82

Which of the following is the process of systematically determining a relative internal value of a job in an organization?

Job evaluation
Broadbanding
SWOT Analysis
Gainsharing

Answer(s): A

Explanation:

Job evaluation is the process of systematically determining a relative internal value of a job in an organization. In all cases, the idea is to evaluate the job, not the person doing it. Job evaluation is the process of determining the worth of one job in relation to that of the other jobs in a company so that a fair and equitable wage and salary system can be established. Answer option B is incorrect. Broadbanding is a technique used to categorize different pay structures of employees of an organization. Answer option D is incorrect. Gainsharing is a system of management used by a business to get higher levels of performance through the involvement and participation of its people. As performance improves, employees share financially in the gain (improvement).
Gainsharing is about people working smarter together and not just working harder. Answer option C is incorrect. SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and
Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. A SWOT analysis may be incorporated into the strategic planning model.

Reveal Solution Next Question

QUESTION: 83

John is the HR Professional for his organization. He is interviewing Sally for a sales position and he has asked Sally to provide an instance of how she worked with a tough customer in the past, how Sally resolved the situation, and what the outcome of the experience was. This is what type of interviewing technique?

Prescreen interview
Behavior-based interview
Directive interview
Stress interview

Answer(s): B

Explanation:

This is a classical example of the behavior-based interview. Sally will need to tell a story to John about her past experiences with a difficult customer and what the outcome of the situation was. Answer option D is incorrect. A stress interview deliberately creates a stressful environment to test the candidate's response in the stress.
Answer option A is incorrect. A prescreen interview is used to determine which candidates qualify for the job requirements and to make decisions if additional interviews are needed. Answer option C is incorrect. A directive interview is where the HR Professional controls the interview process through a predefined set of questions for all interviewees.

Reveal Solution Next Question

QUESTION: 84

Stress is often a significant issue in workplaces. Author Ravi Tangri asserts that stress costs organizations up to $300 billion per year. Which one of the following stresses is the largest contributor to organizational cost of waste?

Workplace accidents
Turnover
Absenteeism
Drug plan costs

Answer(s): A

Explanation:

Based on Ravi Tangri's book Stress Costs, stress is responsible for 60 percent of workplace accidents. Answer option B is incorrect. Based on Ravi Tangri's book Stress Costs, stress is responsible for 40 percent of employee turnover.
Answer option C is incorrect. Based on Ravi Tangri's book Stress Costs, stress is responsible for 19 percent of employee absenteeism.
Answer option D is incorrect. Based on Ravi Tangri's book Stress Costs, stress is responsible for 10 percent of drug plan costs.

Reveal Solution Next Question

Free PHR Exam Braindumps (page: 21)

QUESTION: 81

Explanation:

QUESTION: 82

Explanation:

QUESTION: 83

Explanation:

QUESTION: 84

Explanation: