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SHRM Exam Study Guide with Complete Solutions

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SHRM Exam Study Guide with Complete Solutions Adverse Impact - Answer-Occurs when the selection rate for a protected class is less than 80% of the rate for the class with the highest selection rate; also known as disparate impact. Eg: High% / Low% X 100 = Adverse Impact Rate Affirmative Action...

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  • October 15, 2024
  • 36
  • 2024/2025
  • Exam (elaborations)
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SHRM Exam Study Guide with Complete
Solutions

Adverse Impact - Answer✔✔-Occurs when the selection rate for a protected class is less than

80% of the rate for the class with the highest selection rate; also known as disparate impact.


Eg: High% / Low% X 100 = Adverse Impact Rate


Affirmative Action Plan (AAP) - Answer✔✔-A plan that establishes guidelines for recruiting,

hiring, and promoting women, qualified minorities, persons with disabilities, and covered

veterans to eliminate the present effects of past employment discrimination.


Office of Federal Contract Compliance Programs (OFCCP) - Answer✔✔-Ensures that employers

doing business with the federal government comply with the nondiscrimination and affirmative

action laws.


Worker Adjustment and Retraining Notification (WARN) Act - Answer✔✔-A federal law enacted

in 1989 to protect employees by requiring most employers with full time 100 or more

employees to provide at least 60-day written notification of facility closings and mass layoffs of

employees.


Extinction - Answer✔✔-the diminishing of a conditioned response; occurs in classical

conditioning when an unconditioned stimulus (US) does not follow a conditioned stimulus (CS);

occurs in operant conditioning when a response is no longer reinforced.

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Ishikawa Diagrams - Answer✔✔-Also called fishbone diagrams, herringbone diagrams, cause-

and-effect diagrams, or Fishikawa, are causal diagrams that show the causes of a specific event


The Bell Curve - Answer✔✔-on a graph of the frequency of some variable, a curve that first rises

and then falls and thus forms a symmetric bell-shaped curve


Pareto Chart - Answer✔✔-A bar graph for qualitative data, with the bars arranged in descending

order according to frequencies


Green-Circled Employees - Answer✔✔-incumbent who is paid below the range set for a job


Red-Circled Employees - Answer✔✔-An incumbent (current jobholder) who is paid above the

range set for the job.


Pay Compression - Answer✔✔-Occurs when there is only a small difference in pay between

employees regardless of their skills, experience, or seniority; also known as salary compression.


Severance Packages - Answer✔✔-Packages are most typically offered for employees who are

laid off or retire.


Unemployment Insurance - Answer✔✔-A joint state-federal program under which state-

administered funds pay a weekly benefit for a limited time to eligible workers when they are

involuntarily unemployed.


Outplacement - Answer✔✔-Systematic process by which a laid-off or terminated employee is

counseled in the techniques of career self-appraisal and in securing a new job that is

appropriate to his or her talents and needs.

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Contingent Workforce - Answer✔✔-Those who work in positions that are temporary or

freelance or who work as independent contractors


Trade Adjustment Assistance Program (TAA) - Answer✔✔-Federal assistance program for

workers who become unemployed as a result of increased imports of foreign goods.


National Institute for Occupational Safety and Health (NIOSH) - Answer✔✔-Federal agency

responsible for conducting research and making recommendations for the prevention of work-

related injury and illness


Golden Life Jacket - Answer✔✔-Offered to Executives of a company being acquired to ensure

they remain with the new firm.


Golden Handshake - Answer✔✔-large sum of money paid as compensation to someone who is

obliged to leave a job or retire early


Golden Parachute - Answer✔✔-a large payment or other financial compensation guaranteed to

a company executive should the executive be dismissed as a result of a merger or takeover.


Golden Handcuffs - Answer✔✔-used to refer to benefits, typically deferred payments, provided

by an employer to discourage an employee from taking employment elsewhere.


Zipper Clause - Answer✔✔-Also known as totality of agreement. Agreement between the

parties to a collective-bargaining agreement (CBA) that the contract is the entire agreement

between them and that anything not in it is not part of the agreement. The purpose of this

clause is to prevent reopening of negotiations during the term of the contract.


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Line of Sight - Answer✔✔-Concept that states that employees must be able to influence the

attainment of a goal and see a direct result of their efforts in order for incentive pay plans to be

effective.


Total Reward - Answer✔✔-encompass not only compensation and benefits, but also personal

and professional growth opportunities and a motivating work environment that includes

recognition, job design, and work-life balance


Affirmative Action - Answer✔✔-A policy in educational admissions or job hiring that gives

special attention or compensatory treatment to traditionally disadvantaged groups in an effort

to overcome present effects of past discrimination.


Point Method - Answer✔✔-A method of job evaluation that places weight (points) on each of

the compensable factors in a job whereby the total points associated with a job establish its

relative worth and jobs that fall within a specific range of points fall into a pay grade with an

associated wage


Classification Method - Answer✔✔-Method of job evaluation that identifies benchmark

positions, places them in salary grades, and then matches positions with similar knowledge,

skills, and abilities (KSAs) and slots them into the same grade.


Ranking Method - Answer✔✔-In the performance-appraisal process, comparison appraisal

method in which a manager lists employees from the highest to the lowest performer. In the

job-evaluation process, comparison of the value of jobs in an organization to each other.




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