Chapter 9 Flashcards
Benefits
forms of indirect compensation including pensions, health insurance, and vacation
Compensation
the monetary and non-monetary payments employees receive in return for their labour
Development
the process of preparing employees to assume increased responsibility in both present and future positions
Human Resource Management (HRM)
all the activities involved in acquiring, maintaining, and developing an organization’s Human Resources
Job Analysis
a systematic approach that identifies and determines the job duties and requirements and their relative importance to other jobs in the organization
Job description
a list of the tasks and responsibilities for a particular job
Job specification
a list of the qualifications required to perform a particular job
Multiculturalism
the fundamental belief that all citizens are equal regardless of their racial or ethnic backgrounds
Orientation
the process of acquainting new employees with an organization
Performance appraisal
the evaluation of employees’ current and potential levels of performance to allow managers to make objective human resources decisions
Probationary period
a period of time for the company to assess the job performance of a new employee and for the new employee to assess their fit with the company
Recruiting
the process of attracting qualified job applicants
Replacement chart
a list of key job roles, current employees, and existing and potential job vacancies
Selecting
identifying who has the qualifications necessary to be successful in the position and offering the chosen candidate a position in the company
Skills inventory
a computerized database containing information on the skills and experience of all current employees
Training
the process of teaching new employees how to do their jobs, or teaching existing employees how to do their jobs more effectively and efficiently
Workplace diversity
the differences among people in the workforce in terms of social background, ethnicity, gender, religion, age, physical or learning abilities, and sexual orientation