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human resources

TermDefinition
benfits compensation in forms other than direct payment
compenstaion 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 celing an artifical limit placed on minority groups moving into positions of autority and decsions making.
incentive system the amount of compensation connected to the quality or quantity of an employee 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 employees about issues, such as wages and working condtions
oranizational culture the environment in which people work , made up of the atomsphere , behaviors beliefs and realtionships
outsourcing removing work from one company and sending it to another comapny that can complete it ata lower cost
promotion any form of communication used to inform presuade or remind the advancement of an employee to a postion with greater responablity
termination the end of an emploument realtionship between a company and a employee
transfer the assigment of an employee to another job in the company witha similar level of responibilty
salary and wages direct payment of money to an employee for work completed
work environment the physical conditions and the 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
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