Hrm 701 - Study guides, Class notes & Summaries

. How are the wages for jobs determined? Why is this process important? - ANS: The basis on which compensation payments are determined, and the way they are administered, can significantly affect employee productivity and the achievement of organizational goals. Internal influences include the employer's compensation policy, the worth of the job, the performance of the employee, and the employer's ability to pay. External factors influencing wage rates include labour market conditions, ar...

HRM 701 Chapter 7 Key Terms (Latest 2024/ 2025 Update) with Questions and Verified Answers| | 100% Correct | Grade A+

HRM 701 Chapter 7 Key Terms Latest 2024/ 2025 with Questions and Verified Answers| Grade A+

What are performance appraisals most often used for? - ANSWER- making compensation decisions Which of the following is NOT a developmental purpose of performance appraisal? - ANSWER- validating selection procedures Why is performance appraisal important? - ANSWER- because the success of the entire HR program depends on knowing how the performance of employees compares with the goals established for them Which of the following are the two primary purposes of performance appraisals? - ANSW...

HRM701 PRACTICE EXAM CHAPTER 3 LATEST UPDATE...

HRA 701 Chapter 1 Midterm Review with Questions and Answers Human Resource Management ANSWER * Integrated set of processes, practices, programs, and systems in an organization that focuses on the effective deployment and development of its employees Role of a line Manager ANSWER * Key link between an organization and employee * Needs knowledge and understanding of HRM and how practices will influence the success of the organization * Intellectual Capital *Determine work and job desi...

HRM701 PRACTICE CHAPTER 2 EXAM 2024...

HRM701 CHAPTER 12 EXAM WITH QUESTIONS AND ANSWERS ...

HRM701 CHAPTER 5 PRACTICE EXAM ...

HRM701 TEST 1 - 2024...