Chap-11 terms Flashcards Preview

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Flashcards in Chap-11 terms Deck (14)
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1
Q

compensatory approach

A

approach where high scores on some assessments can compensate for low scores on other assessments

2
Q

unit weighting

A

giving multiple assessments equal weight when computing a candidates overall score

3
Q

multiple hurdles approach

A

scoring approach where candidates must receive a passing score on an assessment before being allowed to continue on in the selection process

4
Q

rational weighting

A

weighting method where experts assign a different subjective weight to each assessment score

5
Q

statistical weighting

A

weighting method using a statistical technique, such as multiple regression, to assign a different weight to each assessment score

6
Q

low job offer

A

job offer that consists of a below market rewards package

7
Q

competitive job offer

A

job offer in which the total rewards package offered is competitive with the market offer

8
Q

high job offer

A

job offer in which the total rewards package is above the market offer

9
Q

maximum job offer

A

company’s best and final offer

10
Q

restrictive covenant

A

clause in a contract that requires one party to do, or refrain from doing, certain things

11
Q

offer letter

A

written letter describing in clear and precise terms exactly what the compensation structure and terms of an employment contract will be

12
Q

explicit employment contract

A

written or verbal employment contract

13
Q

implicit employment contract

A

an understanding that is not part of a written or verbal contract

14
Q

reneging

A

backing out of a contract after it is accepted