HR Terms

A method used to create a budget that starts at 0 at the beginning of every new month is known as?

• Nil based budget

• Zero based budget

• Month based budget

• Month contract budget

An instrument to get performance ratings and feedback from subordinates, peers, customers, and/or supervisors

• Internal performance analysis

• Internal feedback system

• 360 degree performance data

• 360 degree feedback

Both the voluntary and involuntary reduction of a company’s workforce through deaths, employee retirements, transfers, resignations and terminations.

• Resignation

• Retrenchment

• Attrition

• Demand in man power

A corporation or individual who retains ownership of at least a single company share is considered as?

• Partners

• Collaborators

• Shareholders

• Business owners

___________ in the workplace refers to testing out a potential job candidate for a position before giving him or her the full status of “employee.”

• Probation

• Interview

• Pre test

• Analyzing potential of the candidate

___________ period allow employers to see how well someone actually works on the job, and various aspects of the worker’s personality can be observed, including his or her reliability and honesty.

• Skills testing

• Training

• Probationary

• Personality testing

_________ is the average wage that employees receive for the same work performed during a given period of time.

• Median

• Median wage

• Mean wage

_____________ is the termination of the employment status of a hired worker. This is an action initiated by the employer. The former employee may no longer perform work related services or collect wages. In some instances,it is only a temporary suspension of employment, and at other times it is permanent.

• Layoff

• Retrenchment

• Attrition

• Shutdown

The methods which focuses on input & cause and Output & Effect are

• TQM and TPM

• TPM and TQM

• Only TQM

• Only TPM

Which phase of 5S are you in when you clean machines, windows, floors, etc.

• Sort

• Set in order

• Shine

• Standardize

• Sustain