QUESTIONS AND SOLUTIONS
◉A. Applicant population . Answer: Stacy, an HR Manager at Stack
Bank, posts a job advertisement for the position of loan officer on the
website of the American Bankers Association. This will allow Stacy to
determine the _____ for the role of a loan officer.
a.
applicant population
b.
labor force population
c.
applicant pool
d.
entire labor market
,◉C. Time to Fill . Answer: Which of the following performance criteria
is a quantitative measure of a recruitment process outsourcing firm?
a.
Hiring manager satisfaction
b.
New-hire retention rate at six months
c.
Time to fill
d.
Interview-to-offer ratio
◉C. Professional Employer Organizaiton . Answer: A(n) _____
typically hires the staff of an employer and writes paychecks, pays taxes,
prepares and implements HR policies, keeps all the required HR records
for the employer, and bears legal liability for a fee.
a.
employment agency
, b.
payroll vendor
c.
professional employer organization
d.
seed investor
◉A. They can recieve better benefits than they otherwise would get in
many small businesses. . Answer: One advantage of leasing employees
is that:
a.
they can receive better benefits than they otherwise would get in many
small businesses.
b.
employers can hire permanent employees.
c.
it reduces total payroll costs for employers.