Answer:
the degree to which a job requires completion of an identifiable piece of work with a visible outcome.
Explanation:
According to the Job Characteristics Model by Hackman and Oldham (1980), jobs have 5 important characteristics
<h3>The characteristics include : </h3>
1. Task identity : It involves an employee carrying out a job function from the beginning to the end rather than in bits and pieces. It involves the the degree to which a job requires completion of an identifiable piece of work with a visible outcome. Job satisfaction is higher when an employee is about to complete the whole task and not just a part of the task.
2. Task significance : the degree to which a job done impact the lives of people. They can include individuals in the organisation or in the society
3. Autonomy : the degree to which a job provides independence and discretion to an individual in scheduling the work and determining the procedures to use.
4. Feedback : the degree to which an employee receives report on the work or functions carried out in the organisation
5. Skill variety : the degree to which a job entails a variety of different activities, requiring the use of different skills and talents
Answer:
C) COLA plus 2.4%
Explanation:
COLA stands for cost of living increase. It refers to the amount that Social Security benefits increase according to inflation rate. This way the Social Security payments should not lose purchasing power against rising inflation, because if inflation rises, the COLA will also increase.
In this case, Nancy's union negotiated an agreement by which the union members' salaries would be 2.4% higher than COLA increases, so they will be 2.4% higher than inflation rate.
In an effort to combat the high costs and losses associated with turnover, managers at an analytics firm are studying the recruitment and training policies at a similar firm that has very low turnover. this is an example of <u>benchmarking</u><u>.</u>
<h3>What is Benchmarking?</h3>
Benchmarking is the process of comparing the performance of a company's products, services, or processes to those of other businesses that are thought to be the best in the industry. The goal of benchmarking is to identify internal areas for improvement.
It is the practice of comparing a company's business processes and performance metrics to industry bests and best practices. Quality, time, and cost are the most commonly measured dimensions. It is a technique used to evaluate and compare performance in order to achieve continuous improvement. It is part of a comprehensive quality management process that includes the key components to move business forward.
In conclusion, the correct option is Benchmarking.
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