NPTEL HR Analytics Week 5 Assignment Answers 2024
1. What is the formula used to calculate the quality of hire?
- Quality of Hire = (PR + HP + HR) / 3
- Quality of Hire = (PR * HP * HR) / 3
- Quality of Hire = PR + HP + HR
- Quality of Hire = PR – HP – HR
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2. What is the purpose of using the quality of hire formula in the selection process outcome?
- To decrease employee retention rates
- To increase the number of new hires
- To assess the effectiveness of the hiring process in terms of performance, productivity, and retention
- To evaluate the financial performance of the company
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3. Which of the following metrics is commonly used in selection analytics to measure the effectiveness of the hiring process?
- Revenue growth
- Employee satisfaction
- Time to fill
- Market share
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4. State True OR False Visualization in recruitment and selection analytics helps in presenting complex data in a clear and intuitive manner.
- True
- False
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5. Which of the following is a potential benefit of implementing selection analytics in an organization?
- Decreased employee engagement
- Increased turnover rates
- Improved hiring decisions and workforce productivity
- Reduced training opportunities
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6. What is the purpose of conducting predictive analytics in the context of selection?
- To analyze historical hiring trends
- To identify potential future job openings
- To evaluate the effectiveness of selection methods
- To predict candidate job fit and performance
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7. What type of insights can be gained from employee rejection analysis?
- Performance appraisal scores
- Reasons for candidate disinterest
- Sales revenue projections
- Employee referral bonuses
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8. Why is testing important in the selection process?
- To increase employee turnover
- To reduce recruitment costs
- To assess candidates’ skills and abilities objectively
- To streamline the onboarding process
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9. What does “person-organization fit” refer to in recruitment?
- The candidate’s ability to work remotely
- The alignment between candidate values and organizational culture
- The candidate’s educational background
- The candidate’s previous work experience
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10. Assessing person-team fit during recruitment contributes to improved team ___________ and cohesion.
- Productivity
- Turnover
- Absenteeism
- Diversity
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