Phr study guide - Study guides, Class notes & Summaries

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...

Effectiveness - measures the extent to which objectives are achieved Correlational Study - is a study that measures and correlates the relationship between several processes in an organization; cannot be used to measure a single internal process ROI, Cost Benefit Analysis, Break Even Analysis - are techniques that measures the effectiveness and efficiency of a single process Hypothesis - a tentative explanation for an observation or phenomena that can be tested through experimentation In...

Human Resource Information Systems aPHR study guide 2024

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...

SPHR/PHR Study Guide Exam Review 2023 Replacement Cost - ANS-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 - ANS-Also known as explicit costs. Any concrete costs that can be identified in the past, present or future Turnover Efficiency - ANS-The measure of how well assets are being used to produce revenue. Self Nomination - ANS-If a company wants to promote employees to higher leve...

Human Resource Information Systems aPHR study guide 2024

PHR-CA EXAM STUDY GUIDE

PHR CA Exam Study Guide, Questions and Answers Latest Updated 2024/2025 Graded A+. Jury Duty/ Witness Leave: 1. If employee is requested, their leave must be approved. Employees required to give reasonable notice & may be required to provide summons proof. 2. Non Exempt- Unpaid but can request to use vacation/pto. 3. Exempt- Paid as long as they work during anytime in workweek 2. SB-63 Parent Leave Act (for Small Employers): Requires CA Employers w/20-49 employees within 75 mile radius to ...

PHR STUDY GUIDE QUESTIONS AND ANSWERS 2023 What is strategic management - correct answer The ongoing process of creation, research, reassessment and development. Why is strategic management important - correct answer It's important to HR professionals because it affects how HR adds value to the organization through policies, procedures and programs Three basic structures all business in the US are organized into: - correct answer Sole proprietorship, partnerships, corporations, or limi...

Replacement Cost - 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 - Also known as explicit costs. Any concrete costs that can be identified in the past, present or future Turnover Efficiency - The measure of how well assets are being used to produce revenue. Self Nomination - If a company wants to promote employees to higher level positions from within , the best method of recruitment is ...