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Human Resources

TermDefinition
Benefits Compensation in forms other than direct payment
Compensation The amount of money paid to an employee for work performed, including salary & wages
Diversity The comprehensive inclusion of people with differences in personal characteristics & attributes
Downsizing A planned reductive in the number of employees needed in a firm in order to reduce costs & make the business more efficient
Glass Ceiling An artificial limit placed on minority griups moving into positions of authority & decision-making
Incentive System 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 & skill requirements
Labor Union An organized group of employees who negotiate with employees about issues, such as wages & working conditions
Organizational Culture The environment in which people work, made up of the atomsphere behaviors, beliefs, & relationships
Outsourcing Removing work from one company & sending it to another company that can complete it at a lower cost
Promotion Any form of communciation used to inform, persuade, or remind
Termination The end oran employment relationship between a company & employee
Transfer The assignment of an employee to another job in the company with a similiar level
Salary & Wages Direct payment of money to an employee for work completed
Work Environment The physical conditions & the psychological atomsphere
Workforce All of the people 16 years or older whopare employed or who are looking for a job
Created by: 127389
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