Phr study guide - Study guides, Class notes & Summaries

Mission Statement - ANSWER Describes the company, what it does, where it's going, and how it's different from other organizations Generally directed at employees in the organization and should tell them where the company is headed in the mid to long term Vision Statement - ANSWER Should inspire the organization and inform customers & shareholders, describing what will carry the organization into the future and what it

SPHR/PHR Study Guide Exam 43 Questions with Verified Answers Replacement Cost - CORRECT ANSWER The amount it would cost to replace an asset at current prices. It would include recruiting, hiring and training a totally new work force. Outlay Cost - CORRECT ANSWER Also known as explicit costs. Any concrete costs that can be identified in the past, present or future Turnover Efficiency - CORRECT ANSWER The measure of how well assets are being used to produce revenue. Self Nomination - C...

An intranet is used to: - Serve as an information source for employees Job rotation is a process of: - Moving an employee from one job to another

Human Resource Information Systems aPHR study guide 2024

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Needs assessment / Needs analysis methods for obtaining the information necessary to make decisions that will best accomplish an organization's goals 7 Steps of a Needs Analysis/Needs Assessment Step 1: Describe the objective Step 2: Define the current situation Step 3: Conduct a gap analysis Step 4: Set priorities Step 5: Investigate and develop options Step 6: Evaluate options and determine budget impact Step 7: Recommend solutions Contract a legally enforceable agreement between ...

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Needs Assesment - Correct Answer-The process used to determine whether training is necessary. Organizational Analysis - Correct Answer-Determining the appropriateness of training, given the company's business strategy, resources available for training, and support given the company's business strategy, its resources available for training, and support by managers and peers for training activities. Person Analysis - Correct Answer-Involves determining whether performance deficiencies resul...

Replacement Cost - Answer The amount it would cost to replace an asset at current prices. It would include recruiting, hiring and training a totally new work force. Outlay Cost - Answer Also known as explicit costs. Any concrete costs that can be identified in the past, present or future Turnover Efficiency - Answer The measure of how well assets are being used to produce revenue. Self Nomination - Answer If a company wants to promote employees to higher level positions from wit...