Chapter 10 Flashcards
human resource management (HRM)
set of organizational activities directed at attracting, developing, and maintaining an effective workplace
job analysis
systematic analysis of jobs within an organization
job descripition
description of the duties an dresponsiblities of a job, its working conditions, and the tools, materials, equipment, and informaiton used to perform it
job specification
description of the skills, abilities, and other credentials and qualifications required to do a job
replacement chart
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
employee information system (skills inventory)
computerized system containing information on each empoloyee’s education, skills, work experiences, and career aspirations
recruiting
process of attracting qualified persons to apply for jobs an organization is seeking to fill
internal recruting
perocess of cinsidering present empoloyees as candidates for openings
external recruiting
process of atrtacting persons outside the organization to apply for jobs
vestibule training
off-the-job training conducted in a simulated environment
on-the-job training
training, sometimes informal, conducted while an employee is at work
off-the-job trainings
training conducted in a controlled enviornment away from the work site
perfomance appraisal
evaluation of an employee’s job performance in order to determine the degree to which the employee is performing effectively
compensation system
total package of rewards that organizations provide to individuals in return for their labor
wages
compensation in the form of money paid for time worked
salary
compensation in the form of money paid for discharging the responsibilites of a job
incentive program
special compensation program designed to motivate high performance
bonus
individual performance incentive in the form of a special payment made of over and above the employee’s salary
merit salary system
individual incentive linking compsation to performance in nonsales jobs
pay for performance (variable pay)
individual incentive that rewards a manager for especially productive output
profit-sharing plan
incentive plan for distributing bonuses to employees when cmopany profits rise above a certain level
gainsharing plan
incentive plan that rewards groups for productivity improvements
pay-for-knowledge plan
incentive plan to encourage employees to learn new skills or become proficient at differetn jobs
benefits
compensation other than wages and salaries
workers’ compensation insurance
legally required insurance for compensating workers injured on the job