Business Services Business Services Human Resources 1 — Questions and Answers
Question 1: What is 'employee onboarding'?
- The process of terminating underperforming employees
- Integrating new hires into an organization and its culture (Correct answer)
- Conducting annual performance reviews
- Managing employee retirement benefits
Correct answer: Integrating new hires into an organization and its culture
Employee onboarding is the process of introducing new hires to the company, their role, tools, and culture to set them up for success.
Question 2: What does 'attrition rate' measure in HR?
- The rate at which new employees are hired
- The percentage of employees who leave the company over a period (Correct answer)
- The number of promotions per year
- Employee satisfaction scores
Correct answer: The percentage of employees who leave the company over a period
Attrition rate measures the percentage of employees who leave an organization voluntarily or involuntarily during a specific time period.
Question 3: What is a 'competency framework' in HR?
- A legal document outlining employee rights
- A structured model defining the skills, behaviors, and attributes needed for roles (Correct answer)
- A payroll classification system
- A benefits enrollment guide
Correct answer: A structured model defining the skills, behaviors, and attributes needed for roles
A competency framework identifies the key skills, behaviors, and knowledge required for employees to perform effectively in their roles.
Question 4: What does 'FMLA' stand for in US employment law?
- Federal Minimum Labor Act
- Family and Medical Leave Act (Correct answer)
- Flexible Managed Leave Allowance
- Full-time Monthly Leave Agreement
Correct answer: Family and Medical Leave Act
The Family and Medical Leave Act (FMLA) entitles eligible US employees to up to 12 weeks of unpaid, job-protected leave for family or medical reasons.
Question 5: What is 'succession planning' in human resources?
- Planning annual staff picnics
- Identifying and developing employees to fill key leadership roles in the future (Correct answer)
- Managing the payroll system
- Designing employee benefit packages
Correct answer: Identifying and developing employees to fill key leadership roles in the future
Succession planning is a strategy for identifying and developing internal talent to fill critical leadership and high-skill positions when they become vacant.
Question 6: What is an 'employee value proposition' (EVP)?
- The company's stock option plan
- The unique set of benefits and values an employer offers in exchange for employee work (Correct answer)
- A legal contract between employer and employee
- A performance-based bonus structure
Correct answer: The unique set of benefits and values an employer offers in exchange for employee work
An EVP defines what makes a company an attractive employer — the combination of pay, benefits, culture, career growth, and values it offers employees.
What is 'employee onboarding'?