Succession planning in dynamic industries requires a focus on _______ trends and skillsets.
- Demographic
- Global
- Industry-specific
- Technological
Succession planning in dynamic industries requires a focus on technological trends and skillsets. This ensures that leaders are equipped with the knowledge and skills needed to navigate evolving technologies.
What are the potential risks or challenges associated with overly aggressive incentive programs?
- Decreased motivation
- Increased turnover
- Limited employee collaboration
- Unethical behavior
Overly aggressive incentive programs can pose risks such as encouraging unethical behavior. When employees are solely focused on achieving incentives, they may engage in behaviors that compromise ethical standards to meet targets, which can have long-term negative consequences for the organization.
_______ is a strategy used in salary structuring to reward long-term employee loyalty and tenure.
- Incentive compensation
- Longevity pay
- Merit-based pay
- Performance bonuses
Longevity pay is a strategy in salary structuring designed to reward employees for their long-term loyalty and tenure with the company. It acknowledges and incentivizes commitment and dedication over an extended period.
Organizational design that focuses on cross-functional teams and project-based work is known as the _______ structure.
- Divisional
- Flat
- Matrix
- Network
The matrix structure focuses on cross-functional teams and project-based work. It involves employees belonging to both functional and project teams, promoting collaboration and flexibility in handling various projects simultaneously.
What is the role of HRIS in employee self-service?
- Allowing employees to update personal information
- Conducting performance appraisals
- Managing employee benefits
- Processing payroll
HRIS plays a crucial role in employee self-service by allowing employees to update personal information. This empowers employees to manage their own data, reducing the administrative burden on HR teams.
In the context of HR, what does the term 'people analytics' primarily refer to?
- Analyzing social media trends
- Conducting employee surveys
- Managing workforce diversity
- Using data to make informed HR decisions
People analytics in HR involves using data to make informed decisions. This includes analyzing data on employee performance, engagement, and other relevant factors to enhance HR strategies and decision-making.
How does workplace ethics impact employee morale?
- Encourages rule-breaking
- Enhances collaboration and trust
- Fosters a culture of competition
- Increases employee turnover
Workplace ethics positively impacts employee morale by fostering a culture of collaboration and trust. When employees feel that ethical standards are upheld, they are more likely to be engaged, satisfied, and committed to their work.
What is a fundamental principle in designing an effective training program?
- Adapting a one-size-fits-all approach
- Identifying specific learning objectives
- Setting unrealistic goals
- Skipping the assessment phase
A fundamental principle in designing an effective training program is identifying specific learning objectives. These objectives help in defining what participants should know or be able to do after completing the training.
Managing payroll in a _______ environment involves addressing varying tax codes and employment laws.
- Decentralized
- Global
- Hybrid
- Virtual
Managing payroll in a Global environment involves addressing varying tax codes and employment laws across different countries. It requires a deep understanding of international regulations to ensure compliance and accuracy in payroll processing.
What is the most common frequency for payroll distribution in most organizations?
- Annual
- Bi-weekly
- Monthly
- Quarterly
The most common frequency for payroll distribution in most organizations is bi-weekly. Employees are typically paid every two weeks, providing a regular and predictable schedule for salary disbursement.