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Human resouces

TermDefinition
Benefits compensation in form other than direct paymet
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 s planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient
glass ceiling a artificial limit placed on minority groups moving into positions of authority abs decision-making
incentive system the amount of compensation connected to the quality or quantity of an employees performance
job analysis a specific study of a job to identify in details 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,behavior, beliefs, and relationship
Outsourcing removing work from one company and sending it to another company that can complete it at a lower cost
Promote 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 employee relationship between a company and an emplyee
Transfer The assignment of an employee to another job in a company with a similar level for work responsibility
Salary and wages Direct payment of money to an employee for work completed
Workforce All of the people 16 years or older who are employed or who are looking for a job
Work environment the physical conditions and the psychological atmosphere in which employees work
Created by: 134885
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