Definition of Terms Flashcards
(109 cards)
It a popular performance appraisal method that involves evaluation input from multiple levels within the firm as well as external sources. In this method, people all around the rated employee may provide ratings, including senior managers, the employee himself or herself, supervisors, subordinates, peers, team members, and internal or external customers.
360-degree Feedback
Refers to assessments designed to measure an individual’s knowledge, skills, or competencies in specific areas that are relevant to their job performance.
Achievement Testing
Refers to a strategic approach used by organizations to thoroughly assess candidates for employment beyond the traditional interview process. This method aims to gather comprehensive insights into candidates’ skills, competencies, experiences, and potential contributions to the organization.
Advanced Interviewing
The performance appraisal method for employees where assessor selects the best and worst employees based on certain trait/criterion and ranks them accordingly.
Alternation Ranking
This test is used to evaluate the personality traits, characteristics, and preferences of job applicants. It aims to predict how well an individual might fit into a specific role or organizational culture based on their personality profile.
Applicant Personality Test
a formalized program
combining on-the-job training (OJT) with classroom instruction. It is typically used
in skilled trades and professions, where apprentices (learners) work under the
guidance of experienced mentors or journeymen to develop practical skills and
theoretical knowledge necessary for the job.
Apprenticeship Training
It is a part of the hiring process in which an investigation is
carried out to check a potential employee’s background, based on criteria such as
education, criminal records, past work experiences, etc. This verification is done
because organizations often need to confirm if the information provided by the
candidate is true or not.
Background Check
a performance appraisal method that combines
elements of the traditional rating scales and critical incident methods; various
performance levels are shown along a scale with each described in terms of an
employee’s specific job behavior.
Behaviorally Anchored Rating Scale (BARS) Method
involve comparing job roles and
responsibilities within an organization or across different organizations to
determine the relative value and pay structure for similar jobs in the job market. It
helps in establishing competitive compensation and benefits packages.
Benchmarking Jobs
additional monetary rewards given to employees on top of
their base salary, typically based on individual, team, or organizational
performance.
Bonuses
It is part of the employee onboarding process in which a new hire is
assigned a buddy who guides the new hire on the different aspects of the job. It
may include making him/her familiar with the office environment and other
members of the team.
Buddy System
An individual seeking employment or appointment to a particular job,
role, or office. They manifest interest by submitting an application, usually
accompanied by a resume or curriculum vitae.
Candidates
an external source of recruitment,
where the educational institutions such as, colleges and universities make provision
of information to the students regarding employment opportunities.
Campus Recruiment
a formal approach used by the
organization to ensure that people with the proper qualifications and experiences
are available when needed.
Career Development
Trainees are given in-depth descriptions (5 to 30 pages) of the
experiences of disguised organizations. This allows them to see the experiences of
numerous managers in a short period of time.
Case Studies
an evaluation appraisal error
that occurs when employees are incorrectly rated near the average or middle of a
scale.
Central Tendency Error
In this method, a superior gives training to a
subordinate as his understudy like an assistant to a manager or director.
Coaching (Understudy Method)
It measures the candidate’s ability to solve problems and
think critically.
Cognitive Ability Test
a specialized role within the
Human Resources (HR) function of an organization. Their primary responsibility is to
design, implement, and manage the organization’s compensation and benefits
programs.
Compensation Manager
a framework for defining the skill and
knowledge requirements of a job. It is a collection of competencies that define the
skills and abilities that enable successful job performance.
Competency Model
someone who performs tasks for
an organization without being formally hired as the organization’s permanent employee
Contingent Personnel
units managing HR strategy and policy across the organization.
Corporate HR teams
a performance appraisal
method that requires keeping written records of highly favorable and unfavorable
employee work actions.
Critical Incident Method
a semi-structured interview, where the
candidates have to give detailed information about their educational qualifications,
work experience, special interests, skills, aptitude and so forth.
Depth Interview