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Unit 11: HRM vocab

ITBT Human Resource Management Vocabulary

TermDefinition
Human Resource Management All activities involved with, acquiring, developing and compensating with a company's employees
Employment law the section of laws that govern the relationship between parties and their employer, including the rights and responsibilities of both parties
Business license permission to start and run a business issued by law
business permit a legal document that offers proof of compliance with the certain city or state laws regulating structural appearances and safety as well as the sale of products
Code of conduct a written set of rules that outline the acceptable behavior and norms that employees should follow within an organization
Bankruptcy a legal proceeding initiated when a person or company is unable to repay outstanding debts or obligations
Department of Labor administrators and federal labor laws to guarantee worker's rights to fair, safe and heathy working conditions, including minimum hourly wage and overtime pay, protection against employment discrimination, and unemployment insurance
Contract An agreement between two or more parties to preform or to refrain from some act now or in the future. A legally enforceable agreement
Created by: 201914128
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