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Human Resources

TermDefinition
Benefits compensations in forms other than direct payment
Comphensation the amount of money paid to an employee for work performed including salary and wages
Diversty the comprehensive inclusion of people with differences in personal characteristics and attributes
Downsizing a planning reduction in the number of employee needed in a firm in order to reduced cost and make the business more efficient
Glass Ceiling an artificial limited place on minority groups moving into position of authority and decision making
Incentive Systems the amount of compensations connected to the quality or quantity of an employees performance
Job analysis a specific study of a job to identity detail the job duties and skill requirement
Labor Union an organized groups of employees who negotiate with employers about issues, such as salary and wages & work conditions
Organizational Culture the environment in which people work made up of the atomsphere
Outsourcing removing work from one company and sending it to another company that can complete it at a lower cost
Promotion any form of communication use to inform, persuade, or remind the advancement of an employee to a position
Termination the end of an employment relationship between a company and an employee
Transfer the assignment of an employee to another job in the company with a similar level of responsibility
Salary & Wages dircet payment of money to an employee for work completed
Work Enviorment the physical conditions and the physiological atmosphere in which employee work
Workforce all of people 16 year or older who are employed or who are looking for a job
Created by: 90995
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