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Human Resources
| Term | Definition |
|---|---|
| Benefits | compensation in forms other than direct payment |
| Compensation | amount of money paid to an employee for work performed |
| Diversity | the comprehensive inclusion of people with differences in personal characteristics and attributes |
| Downsizing | a planned reduction in the # of employees need 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 | amount of compensation connected to the quality or quantity of an employee's performance |
| Job Analysis | specific study of a job to identify in detail the job duties and skill requirements |
| Labor Union | organized group of employees who negotiate with employers about issues |
| Organizational Culture | 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 | advancement of an employee to a position with greater responsibility |
| Termination | end of an employment relationship between a company and an employee |
| Transfer | assignment of an employee to another job in the company with similar level of responsiblilty |
| Salary And Wages | direct payment of money to an employee for work completed |
| Work Environment | physical conditions and the psychological atmosphere in which employees work |
| Workforce | all of people 16 years or older who are employed or who are looking for a job |
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