HR Professionals Should Use the Information on Retention Determinants and the Assessment

question 22

Multiple Choice

HR professionals should use the information on retention determinants and the assessment information to:

• A) Develop feedback mechanisms for the managers in their organization
• B) Identify what changes are needed to improve retention
• C) Target training opportunities for new employees
• D) To market test compensation and benefit programs

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Definitions:

Human Resource

The department within an organization that deals with recruitment, management, and development of its employees.

Human Capital

The collective skills, knowledge, and expertise that individuals possess, which can be utilized to create economic value.

Economic Output

The total value of all goods and services produced by an economy over a specific time period.

Labor

The human effort, including both physical and mental capabilities, utilized in the production of goods and services.