Intro to Business- Koopar Chapter 9
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| human resources management (HRM) | consists of all the activities involved in acquiring, maintaining, and developing an organization's human resources.
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| human resources planning | is the development of strategies to meet a firm's future human resources needs.
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| replacement chart | a list of key personnel and their possible replacements within a firm
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| skill inventory | a computerized data bank containing information on the skills and experience of all present employees
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| culture (workplace) diversity | differences among people in a workforce owing to race, ethnicity, and gender
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| job analysis | a systematic procedure for studying jobs to determine their various elements and requirements
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| job description | a list of the elements that make up a particular job
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| job specification | a list of the qualifications required to perform a particular job
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| recruiting | the process of attracting qualified job applicants
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| external recruiting | the attempt to attract job applicants from outside an organization
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| internal recruiting | considering present employees as applicants for available positions
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| selection | the process of gathering information about applicants for a position and then using that information to choose the most appropriate applicant
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| orientation | the process of acquainting new employees with an organization
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| compensation | the payment employees receive in return for their labor
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| compensation system | the policies and strategies that determine employee compensation
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| wage survey | a collection of data prevailing wage rates within an industry or a geographic area
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| job evaluation | the process of determing the relative worth of the various jobs within a firm
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| comparable worth | a concept that seeks equal compensation for jobs requiring about the same level of education, training, and skills
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| hourly wage | a specific amount of money paid for each hour of work
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| salary | a specific amount of money paid for an employee's work during a set calendar period, regardless of the actual number of hours worked
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| commission | a payment that is a percentage of sales revenue
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| incentive payment | a payment in addition to wages, salary, or commissions
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| lump-sum salary increase | an entire pay raise taken in one lump sum
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| profit-sharing | the distribution of a percentage of a firm's profit among its employees
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| employee benefit | a reward in addition to regular compensation that is provided indirectly to employees
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| flexible benefit plan | compensation plan whereby an employee receives a predetermined amount of benefit dollars to spend on a package of benefits he or she has selected to meet individual needs
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| employee training | the process of teaching operations and technical employees how to do their present jobs more effectively and efficiently
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| management development | the process of preparing managers and other professionals to assume increased responsibility in both present and future positions
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| performance appraisal | the evaluation of employees' current and potential levels of performance to allow managers to make objective human resources decisions
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| Fair Labor Standards Act (1938) | Established a minimum wage and an overtime pay rate for employees working more than 40 hours weeks
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| Equal Pay Act (1963) | Specifies that men and women who do equal jobs must be paid the same wage
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| Civil Rights Act | Prohibits discrimination in employment practices based on sex, race, color, religion, or national origin; facilitates employees'suing employers for sexual discrimination and collecting punitive damages
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| Age Discrimination in Employment Act (1967-1986) | Prohibits personnel practices that discriminate against people aged 40 years and older; the 1986 ammendments eliminated a mandatory retirement age
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| Occupational Safety and Health Act (1970) | Regulates the degree to which employees can be exposed to hazardous substances and specifies the safety equipment a mandatory retirement age
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| Employment Retirement Income Security Act (1974) | Regulates company retirement programs and provides a federal insurance program for retirement plans that go bankrupt
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| Americans with Disabilities Act (1990) | Prohibits discrimination against qualified individuals with disabilities in all employment practices, including job-application procedures, hiring, firing, advancement, compensation, training, and other terms, conditions, and privileges of employment
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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