Suppose that the job finding rate was 50 times as large as the job separation rate. How many times longer would the average duration of employment be relative to the average duration of unemployment? (Hint: if f is measured in months, the average duration of unemployment is 1/f months.) times
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A: The detailed solution is given in Step 2.
Step by step
Solved in 2 steps
- 1. Based on an evaluation of Knowledge Skills, and Abilities a company has determined that two jobs (job A and job B) are equal. However, when the firm studies the labor market, it finds that there are many applicants for job A whereas those for job B are very scarce. Should the firm offer less to those who apply for job A or should the pay be equal? a. Yes, the firm should offer less because the applicants for Job B are very scarce b. Yes, the firm should offer less because the labor market requires it c. No, the firm should not offer less and yes, the pay should be equal because the Knowledge, Skills, and Abilities are equalTrue or False: When organizations decide to downsize, their HR Plan will include a “Redundancy Plan”.Lu is 26 years old and single with a master's degree in education. he is paralyzed and confined to a wheel chair as a result of an auto accident. he earns $32,000 per year. instead of the tradition "one benefit package fits all," the company is allocating an additional 25 percent of each employee's annual pay to be used for discretionary benefits. those benefits and their annual cost are as follows: a) supplementary health care for employee: plan A (no deductible and pays 90 percent) =$3000, plan B ($200 deductible and pays 80 percent)=$2000, plan C ($1000 deductible and pays 70 percent)=$500, s supplementary health care for dependents (same deductibles and percentages as above): plan A=$2000, Plan B=$1500, plan C=$500, supplementary dental plan =$500, life insurance: plan A ($25000 coverage)=$500, plan B (50,000 coverage)= $1000, plan C(100,000 coverage) =$2000, plan D ($250000 coverage)= $3000 mental health plan =$500, prepaid legal assistance =$300, vacation =2 percent of annual pay…
- Using the case information for Jamie’s market, assess the importance of the recruitment andselection process in the attracting and retaining the best and most qualified workforce.2. Following from the job specification for the temporary position that you completed for Jamie’sMarket, design a full recruitment and selection plan to demonstrate the process of making asuccessful job offer for the temporary position at Jaimie’s market. This should include:a. A recruitment strategy that Jaimie’s Market could adopt to encourage talent to apply forthe temporary positionsb. The creation of a job description that is based on the analysis of the rolesc. A compensation package for the temporary positions at Jaimie’s market Introduction: provides a thorough outline of the intended case structureand clearly addresses the requirements of the assignment task.Conclusion: Elegantly synthesizes and reframes key points from thepaper.Suggests new perspectives or questions relevant to the central…Which deductions can an employer take from the salary of an exempt white-collar employee? Type Yes , No or Maybe after the arrow. 4 hours of pay for the time the manager takes their child to a doctor’s appointment 2 hours of pay for time the manager drives to the airport to pick up his Mom who is visiting one hour of pay because the manager is an hour late to work one day one day of pay as a penalty for playing on their phone all day two days of pay for two days the manager is out sick one week of pay for the week the manager is at home with COVID.For each of the jobs or groups of jobs, you must develop a recruitment andselection plan for filling these positions. The plan should include the followingcomponents:Returns/Inventory Processor,Administrative HR Assist, Department Lead 1) Who the intended targets are (i.e. college graduates, experienced workers, etc.)2) How you will communicate the vacancies to that particular segment of the labormarket (e.g., advertisements, brochures, professional contacts, etc)3) An initial screening process whereby you will reduce the applicant pool and selectthe actual candidates to be considered for the positions.4) The selection process (i.e. how you will make the final selection decision),including what selection criteria you will be using (
- Job satisfaction (When you first read about this exercisebreak plan in Chapter 23, you did not have an inferencemethod that would work. Try again now.) A companyinstitutes an exercise break for its workers to see if it willimprove job satisfaction, as measured by a questionnairethat assesses workers’ satisfaction. Scores for 10 randomlyselected workers before and after the implementation ofthe exercise program are shown in the table.a) Identify the procedure you would use to assess theeffectiveness of the exercise program, and check to seeif the conditions allow the use of that procedure.b) Test an appropriate hypothesis and state yourconclusion.c) If your conclusion turns out to be incorrect, what kindof error did you commit? WorkerNumberJob Satisfaction IndexBefore After1 34 332 28 363 29 504 45 415 26 376 27 417 24 398 15 219 15 2010 27 371. What are the advantages and disadvantages of extending Maura Currier’s leave?2. If you were the human resource director, would you grant her request? Explainyour answer. The Medical Leave Problem (FMLA)Maura Currier has been working for ComputerTech for four years as a lead supervisor.During the past two years, Currier’s mother has needed frequent medical attention forher diabetes. Being the only child, Currier has helped her mother, Jane Currier, as oftenas her work schedule would allow. Unfortunately, during the past two years, hermother’s condition has worsened.With the passage of the Family and Medical Leave Act (FMLA), Currier asked the firmfor, and was granted, an unpaid leave to care for her mother in accordance withcompany policy (see the policy in Exhibit 4.9). The agreement stated that Currier couldmiss work every Friday for 60 weeks rather than take off 12 straight weeks. At the endof 60 weeks, Currier returned to work full time and immediately began missing work tocare…Which among the following checks the number of men required along with the type and skills needed in their balanced allocation a. Recruitment b. Person Specification c. Manpower Planning d. Job description
- Specifically, what should the Carters cover in their new employee orientation program, and how should they convey this information? In the HR management course Jennifer took, the book suggested using a job instruction sheet to identify tasks performed by an employee. Should the Carter Cleaning Centers use a form like this for the counter person’s job? If so, what should the form look like, say, for a counter person? Which specific training techniques should Jennifer use to train her pressers, her cleaner/spotters, her managers, and her counterpeople? Why should these training techniques be used?Give real examples in any business company for the following functions:1- Training course claryfying the course name, method of training, and the course evaluation.2- Performance appraising form showing the job, the content of the form, and how to evaluate the employee.3- Companstion System for any job clarifying the benefits and servieces that the employee recieve.Assume you are the HR Manager of an organization and you were assigned to prepare a jobdesign for the position of a Secretary and a Messenger.1. Create the job specifications/requirements for the 2 jobs that will be advertised in anewspaper.2. Prepare the job descriptions of a Secretary and a Messenger.