Estimate term in the economic gain formula

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Reference no: EM13520736

Question 1
Under the requirements of the Immigration Reform and Control Act, employers must ____________.

Answer
a)adjust pay scales for alien status

b)verify employability status for aliens only

c)verify employability status for all potential employees

d)verify employability status for applicants before an offer is extended

Question 2
Which of the following is true regarding seniority?

Answer
a)reliability is low; validity is high

b)reliability is high; validity is high

c)reliability is low; validity is low

d)reliability is high; validity is low

Question 3
Economic gain formulas provide the HR specialist with an estimate of _______.

Answer
a)the economic gain derived from using a predictor versus a random selection coefficient

b)the economic gain from using random selection

c)the economic gain of the standard deviation of job performance

d)the economic gain of the validity

Question 4
Which of the following is true regarding long-term variable pay?

Answer

a)Stock options qualify for special tax treatment for employees.

b)Small public organizations are more likely to provide stock options that large public organizations.

c)Stock options guarantee a fixed rate of return on investment.

d)Provides employee ownership opportunity and the opportunity to increase income as the organization''s value increases.

Question 5
Which of the following is the most difficult to estimate term in the economic gain formula?

Answer

a)Average tenure of employees.

b)Number of applicants.

c)Dollar value of job performance

d)Cost per applicant.

Heneman, H. G., Judge, T. A., & Kammeyer-Mueller, J. D. (2012). Staffing organizations (7th ed.). Middleton, WI: Mendota House.

Reference no: EM13520736

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