Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
11 Cards in this Set
- Front
- Back
List the 7 activities involved in Human Resources.
|
1) Planning employment needs
2) Selecting employees 3) Orientating employees 4) Training employees 5) Developing and Rewarding employees 6) Managing Employee Performance 7) Termination of employees |
|
What are three components to consider when planning human resource needs?
|
1) Evaluation of skills new employees should have.
2) Hiring timetable 3) Contingency plan |
|
Identify 3 activities that should be performed as a part of a candidate selection process.
|
1) Recruitment
2) Screening and Interviewing 3) Hiring |
|
Identify advantages to the brokerage when recruiting is done 'from within'.
|
Advantages of recruiting from within the brokerage include, cost savings, the length of a vacancy shortened, unknowns are removed, morale is improved and turnover is reduced.
|
|
What are 5 procedures that should be implemented when screening applicants?
|
1) Review application forms
2) Resume reading 3) Employment Interviewing 4) Testing of applicants 5) Reference checks |
|
What is the primary and secondary functions of interviews?
|
Primary function is to determine if candidate is suited for the position. Secondary function is to allow candidates to ask questions to determine if the position is right for them.
|
|
One condition of employment that many brokerages incorporate 'covenants-not-to-complete' and 'non-piracy' clauses. Explain what these are and why they are often made a condition of employment
|
Covenants not to compete are agreements where employee agrees not to be re-employed in the insurance industry after leaving the brokerage. Non-piracy clauses are agreements where employees agree not to solicit customers of a brokerage after they leave. These agreements are used to help protect client information when employees leave a brokerage.
|
|
What is the most important component of an employee's orientation?
|
New employees must be told what is expected of them. By providing performance standards, employee will know how well they are performing new tasks.
|
|
What are 4 elements of a training plan?
|
1) Who is to be trained
2) What is the subject of training 3) Why are they being trained 4) How the training will be evaluated |
|
Identify and describe 4 kinds of training every brokerage needs.
|
1) Quality Service Training- This type of training teaches employees how to problem solve with clients.
2) Sales Training- This type of training teaches employees how to sell and how to build client relationships. 3) Product and Service Knowledge Training- This type of training teaches employees technical competence. 4) Leadership Training- This type of training teaches managers and supervisors how to train, coach, motivate, and empower employees. |
|
Explain how a career path works.
|
A career path shows employees the other positions that may be available and what skills, education, and experience will be required to progress to more senior positions.
|