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BUS100 Ch10 Key Terms
BUS100 Chapter 10 Key Terms
51
Business
Undergraduate 1
03/25/2012

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Term
Human Resource Management (HRM)
Definition
set or organizational activities directed at attracting, developing, and maintaining an effective workforce.
Term
Job Analysis
Definition
systematic analysis of jobs within an organization.
Term
Job Description
Definition
description of the duties and responsibilities of a job, its working conditions, and the tools, materials, equipment, and information used to perform it.
Term
Job Specification
Definition
description of the skills, abilities, and other credentials and qualifications required by a job.
Term
Replacement Chart
Definition
list of each management position, who occupies it, how long that person will likely stay in the job, and who is qualified as a replacement.
Term
Employee Information System (Skills Inventory)
Definition
computerized system containing information on each employee's education, skills, work experiences, and career aspirations.
Term
Recruiting
Definition
process of attracting qualified persons to apply for jobs an organization is seeking to fill.
Term
Internal Recruiting
Definition
process of considering present employees as candidates for openings.
Term
External Recruiting
Definition
process of attracting persons outside of the organization to apply for jobs.
Term
On-The-Job Training
Definition
training, sometimes informal, conducted while an employee is at work.
Term
Off-The-Job Training
Definition
training conducted in a controlled environment away from the work site.
Term
Vestibule Training
Definition
off-the-job training conducted in a simulated environment.
Term
Performance Appraisal
Definition
evaluation of an employee's job performance in order to determine the degree to which the employee is performing effectively.
Term
Compensation System
Definition
total package of rewards that organizations provide to individuals in return for their labor.
Term
Wages
Definition
compensation in the form of money paid for time worked.
Term
Salary
Definition
compensation in the form of money paid for discharging the responsibilities of a job.
Term
Incentive Program
Definition
special compensation program designed to motivate high performance.
Term
Bonus
Definition
individual performance incentive in the form of a special payment made over and above the employee's salary.
Term
Merit Salary System
Definition
individual incentive linking compensation to performance in nonsales jobs.
Term
Pay For performance (Variable Pay)
Definition
individual incentive that rewards a manager for especially productive output.
Term
Profit-Sharing Plan
Definition
incentive plan for distributing bonuses to employees when company profits rise above a certain level.
Term
Gainsharing Plan
Definition
incentive plan that rewards groups for productivity improvements.
Term
Pay-For-Knowledge Plan
Definition
incentive plan to encourage employees to learn new skills or become proficient at different jobs.
Term
Benefits
Definition
compensation other than wages and salaries.
Term
Workers' Compensation Insurance
Definition
legally required insurance for compensating workers injured on the job.
Term
Cafeteria Benefits Plan
Definition
benefit plan that sets limits on benefits per employee, each of whom may choose from a variety of alternative benefits.
Term
Equal Employment Opportunity
Definition
legally mandated nondiscrimination in employment on the basis of race, creed, sex, or national origin.
Term
Protected Class
Definition
set of individuals who by nature of one or more common characteristics is protected under the law from discrimination on the basis of that characteristic.
Term
Equal Employment Opportunity Commission (EEOC)
Definition
federal agency enforcing several discrimination-related laws.
Term
Affirmative Action Plan
Definition
written statement of how the organization intends to actively recruit, hire, and develop members of relevant protected classes.
Term
Occupational Safety and Health Act of 1970 (OSHA)
Definition
federal law setting and enforcing guidelines for protecting workers from unsafe conditions and potential health hazards in the workplace.
Term
Sexual Harassment
Definition
unwelcome sexual advances in the workplace.
Term
Hostile Work Environment
Definition
form of sexual harassment deriving from off-color jokes, lewd comments, and so forth.
Term
Quid Pro Quo Harassment
Definition
form of sexual harassment in which sexual favors are requested in return for job-related benefits.
Term
Employment At Will
Definition
principle, increasingly modified by legislation and judicial decision, that organizations should be able to retain or dismiss employees at their discretion.
Term
Workforce Diversity
Definition
the range of workers' attitudes, values, beliefs, and behaviors that differ by gender, race, age, ethnicity, physical ability, and other relevant characteristics.
Term
Knowledge Workers
Definition
employees who are of value because of the knowledge they possess.
Term
Contingent Worker
Definition
employee hired on something other than a full-time basis to supplement an organization's permanent workforce.
Term
Labor Union
Definition
group of individuals working together to achieve shared job-reated goals, such as higher pay, shorter working hours, more job security, greater benefits, or better working conditions.
Term
Labor Relations
Definition
process of dealing with employees who are represented by a union.
Term
Collective Bargaining
Definition
the process by which labor and management negotiate conditions of employment and draft a labor contract for union-represented workers.
Term
Cost of Living Adjustment (COLA)
Definition
labor contract clause tying future raises to changes in consumer purchasing power.
Term
Wage Reopener Clause
Definition
clause allowing wage rates to be renegotiated during the life of a labor contract.
Term
Strike
Definition
labor action in which employees temporarily walk off the job and refuse to work.
Term
Picketing
Definition
labor actions in which workers publicize their grievances at the entrance to an employer's facility.
Term
Boycott
Definition
labor action in which workers refuse to buy the products of a targeted employer.
Term
Work Slowdown
Definition
labor actions in which workers perform jobs at a slower than normal pace.
Term
Lockout
Definition
management tactic whereby workers are denied access to the employer's workplace.
Term
Strikebreaker
Definition
worker hired as a permanent or temporary replacement for a striking employee.
Term
Mediation
Definition
method of resolving a labor dispute in which a third party suggests, but does not impose, a settlement.
Term
Arbitration
Definition
method of resolving a labor dispute in which both parties agree to submit to the judgment of a neutral party.
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