Chapter 5 Flashcards

1
Q

Internal Labor Markets

A

Labor markets in which workers are hired into entry-level jobs and higher-level jobs are filled from within.

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2
Q

Recruiting Process Outsourcing (RPO)

A

The practice of outsourcing an organizations recruiting function to an outside firm.

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3
Q

Branding

A

A company’s efforts to help existing and prospective workers understand why it is a desirable place to work.

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4
Q

Passive Job Seekers

A

People who are not looking for jobs but could be persuaded to take new ones given the right opportunity.

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5
Q

Mobile Recruiting

A

The process of recruiting candidates via their mobile devices.

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6
Q

Virtual Job Fair

A

Job fairs conducted online.

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7
Q

Nepotism

A

A preference for hiring relatives of current employees.

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8
Q

Rerecruiting

A

The process of keeping track of and maintaining relationships with former employees to see if they would be wiling to return to the firm.

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9
Q

Independent Contractors

A

Workers who are self-employed and do project work on a contract basis for different organizations.

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10
Q

Employee Leasing

A

The process of dismissing employees who are then hired by a leasing company (which handles all HR-related activities) and contracting with that company to lease back the employees.

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11
Q

Nine-Box Grid

A

A comparative diagram that includes appraisal and assessment data to allow managers to easily see an employee’s actual and potential performance.

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12
Q

Realistic Job Preview (RJP)

A

Informing applicants about all aspects of the job, including both its desirable and undesirable facets.

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13
Q

Employee Profiles

A

A profile of a worker developed by studying an organization’s top performers to recruit similar types of people.

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14
Q

Time-To-Fill

A

A metric that refers to the number of days from when a job opening is approved to the date a person is chose for the job.

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15
Q

Quality-Of-Fill

A

A metric that measures how well new hires have gotten “up to speed”, are performing, and their retention levels.

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16
Q

Yield Ratio

A

The percentage of applicants from a particular source that make it to the net stage in the selection process.

17
Q

Acceptance Rate

A

The percentage of applicants who accept a firms jobs after being offered them.

18
Q

Applicant Tracking System (ATS)

A

A software application recruiters use to post job openings, screen resumes, and uploaded profiles, contact via e-mail potential candidates for interviews, and track the time, costs, and other metrics related to hiring people.

19
Q

Career Paths

A

Lines of advancement in an occupational field within an organization.

20
Q

Job Progressions

A

The hierarchy of jobs a new employee might experience, ranging from a starting job, to jobs that successively require more knowledge and/or skill.

21
Q

Career Paths

A

The lines of advancement within an organization.

22
Q

Promotion

A

A change of assignment to a job at a higher level in the organization.

23
Q

Transfer

A

Placement of an individual in another job for which the duties, responsibilities, status, and remuneration are approximately equal to those of the previous job.

24
Q

Demotion

A

A downward transfer that moves an individual into a lower-level job that can provide developmental opportunities.

25
Q

Outplacement Services

A

Services provided by organizations to help terminated employees find a new job.

26
Q

Mentors

A

Individuals who coach, advise, and encourage individuals of lesser rank.

27
Q

Reverse Mentoring

A

A program whereby younger employees are called on to mentor older employees and executives about social media trends, new technology, and marketplace trends.

28
Q

Career Plateau

A

A situation in which for either organizational or personal reasons the probability of moving up the career ladder is low.

29
Q

Sabbatical

A

An extended period of time in which an employee leaves an organization to pursue other activities and later returns to his or her job.

30
Q

Informational Interview

A

A conversation you have with someone in a career you are interested in to gather information about it.

31
Q

Job Shadowing

A

The process of observing someone in his or her work environment to see if the job is of interest to you.

32
Q

Entrepreneur

A

One who starts, organizes, managers, and assumes responsibility for a business or other enterprise.