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Additional Case 5.2 You Are the HR Director for a Large Company. Production

question 56

Multiple Choice

Additional Case 5.2
You are the HR director for a large company. Production has implemented a very successful TQM program, and the firm has a reputation for innovation and quality. Money is tight due to aggressive expansion and marketing efforts, but the firm is doing well. The firm has a diverse, well-balanced workforce. The CEO prefers to reward performance through promotion from within. However, if an employee chooses to leave the company, he or she is not eligible for rehire.
The firm's MIS managers have requested that you identify 10 candidates for newly created computer programming jobs. These are entry-level jobs in MIS that require a bachelor's degree. Expansion plans in production have also created a number of new entry-level jobs and two new first-line supervisor jobs.
An upper-level management position is open as well. This is a key position, and the longer it remains open, the more likely it is that the company will begin to lose market share. There are a number of excellent candidates for this job. "Fit" with the organization is one of the top criteria for the selection. The CEO wants both peers and subordinates to be involved in the process, but the CEO will make the final decision. The CEO wants your advice about the best selection tool. The CEO wants to narrow the field quickly and work with the data as he goes along, rather than obtain all the information on each candidate first.
-Refer to Additional Case 5.2.The best recruiting source of candidates for the newly created computer programming jobs would most likely be obtained through:

Definitions:

Qualified Pension Plan

A retirement savings plan that meets specific requirements set forth by the IRS, providing tax advantages to both the employer and the employees.

Tax Consequence

The tax impact of any transaction, investment, or decision, influencing how much tax an individual or entity may owe or save.

Employer Contributions

Employer contributions refer to the amounts added by an employer to an employee's benefits or retirement savings accounts, such as a 401(k) plan, often matching the employee's contributions up to a certain percentage.

Tax-Deferred Plans

Investment accounts, such as IRAs or 401(k)s, where contributions may reduce taxable income in the year made, with taxes paid later upon withdrawal.