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Human Resoures

TermDefinition
Salary & Wages Direct payment of money to an employee for work completed.
Work Environment The physical conditions and psychological atmosphere in which employees work
Workforce All of the people 16 years or older who are employed or who are looking for a job.
Benefits Compensation in forms other than direct payment.
Compensation The amount of money paid to an employee for work performed, including salary and wages.
Diversity The comprehensive inclusion of people with differences in personal characteristics and attributes.
Downsizing A planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient.
Glass Ceiling An artificial limit placed on minority groups moving into positions of authority and decision-making.
Incentive Systems The amount of compensation connected to the quality or quantity of an employee's performance.
Job Analysis A specific study of a job to identify in detail the job duties and skill requirements.
Labor Union An organized group of employees who negotiate with employers about issues, such as wages and working conditions.
Organizational Culture The environment in which people work, made up of the atmosphere,behaviors,beliefs and relationships
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 used to inform, persuade ,or remind
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.
Created by: 93088
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