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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 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 quantity or quantity of an employee's performance
Job analysis A special study of a job to identify in detail the job duties and skill requirement
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 ; the advancement of an employee to a position with greater responsibility
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
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
Work force All of the people 16 years or older who are employed or who are looking for a job
Created by: Alexiaa
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