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Human Resources
Term | Definition |
---|---|
Workforce | All of the 16 years or older who are employed or who are looking for a job. |
Benefits | compensation 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. |
Work Environment | the physical conditions and physical atmosphere in which employees work. |
Salary+Wages | direct payment of money to an employee for work completed. |
Glass Ceiling | An artificial limit placed on minority groups moving into positions of authority and decision-making. |
Incentives Systems | 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 and skill requirements. |
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. |