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Unit 7: Res.Mgmt
Human Resource Management
| Term | Definition |
|---|---|
| Bonus | bonus paid at the end of a specific period of time for performance that exceeds the expected standard |
| Career Development | a program that matches the career planning of employees with the employment needs of businesses |
| Career Path | a progression of related jobs with increasing skill requirements and responsibility |
| Career Plan | identifies the jobs that are part of the employee's career path, the training and development needed to advance along the career path, and a tentative schedule for the plan's activities |
| Compensation | the money or other benefits people receive for work |
| Cross Training | employees are trained to perform more than one job in the company, even though they typically perform only one |
| Discharge | the termination of an employee from the company due to inappropriate work behavior |
| Employee Benefits | all forms of compensation and services the company provides to employees in addition to salaries and wages |
| Employee Turnover | the rate at which people enter and leave employment in a business during a year |
| Exit Interview | a formal interview with an employee who is leaving a company to determine the person's attitudes and feelings about the company's policies and procedures, management, and operations |
| Flextime | a plan that lets employees choose their own work hours, within specified limits |
| Home Office | space within a person's home that is organized for the efficient performance of office tasks |
| Human Resource Management | all activities involved with acquiring, developing, and compensating the people who do the company's work |
| Job Description | a list of basic tasks that make up a job |
| Job Design | the kind of work and the way the work is organized |
| Job Enlargement | making a job more interesting by adding variety to the tasks |
| Job Security | the likelihood that employment will not be terminated |
| Job Sharing | an employment plan that allows two people to share one full-time job |
| Job Specification | a list of qualifications a worker needs to do a job |
| Layoff | a temporary or permanent reduction in the number of employees resulting from a change in business conditions |
| Mobile Office | an establishment defined by its ability to accomplish business activities in a temporary environment |