ERIPs Have Posed Problems for Some Employers-Such as the University

question 55

Multiple Choice

ERIPs have posed problems for some employers-such as the University of Waterloo,which saw more than 300 faculty and staff leave. What are HR departments doing to combat the problems?

• A)seeking volunteers for ERIP programs  
• B)planning for functional turnover  
• C)implementing phased retirement options  
• D)increasing pension values over time

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Definitions:

Scores

A numerical representation of a performance, ability, or achievement.

Standard Deviations

Measures of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.

Z Score

A statistical measure that describes a value's relationship to the mean of a group of values, expressed in terms of standard deviations from the mean.

Mean

The arithmetic average of a set of numbers, calculated by summing all the numbers and then dividing by the count of the numbers.