Flash Cards
What is Cliff Vesting?
Cliff vesting is a process where
employees receive ownership of all
shares of an equity award granted
by their company on a specific date
(i.e., vesting date), rather than
receiving a portion of them
gradually.
What is Right-To-Work?
A measure that bans mandatory
union members
Organic organization
Job boundaries are less distinct and
fewer levels of decision makers. A
more flexible approach to structure
and rules
What is Lechmere, Inc. v. NLRB?
A 1992 case in which the U.S.
Supreme Court ruled that an
employer cannot be compelled to
allow nonemployee organizers onto
the business property.
What is Enterprise risk management?
Practice of forecasting possible risks
to the organization and taking steps
to mitigate their impact on
operations.
What is Narrative Review
- No focused research question
- No focused searching strategy
- No clear method of appraisal or
synthesis of literature - Not easily repeatable
What is Workforce analysis?
Systematic approach to anticipate
human capital needs and data. HR
professionals can use this analysis
to ensure that appropriate
knowledge, skills, and or abilities
will be available when needed to
accomplish organizational goals and
objectives.
What is Offshoring
Situation in which a company
relocated processes or production to
an international location by means
of subsidiaries or 3rd party
affiliates.
What is Conflict of interest
Situation in which a person or
organization has the potential to be
influenced by opposing sets of
incentives.
What is Diversity of thought
Concept describing the presence of
different types of cognitive processes
in a workplace
What is Point Method?
A method of job evaluation that
places weight (points) on each of the
compensable factors in a job
whereby the total points associated
with a job establish its relative
worth and jobs that fall within a
specific range of points fall into a
pay grade with an associated wage
What is Blake-Mouton Managerial Grid?
A two-dimensional grid showing
leaders’ different levels of task-
oriented and relation-oriented
behavior, which results in particular
styles of leadership (task oriented vs
relationship oriented).
What is Fair Credit Reporting Act (FCRA)
U.S act that protects privacy of
background information and
ensures that information supplied is
accurate.
What is in Basket Exercise?
A paper-and-pencil test in which an
applicant is given a manager’s in-
basket containing memos, phone
messages, organizational policies,
and other communications normally
received by and available to
managers
What is Risk?
The effect of uncertainty or
objectives; outcomes may include
opportunities or threats.
What is minimum qualification
The statement “must possess a
working knowledge of customer
security requirements and incident
investigation” included in a job
description for a security specialist
position BEST exemplifies a
Minimum Qualifictaion.
What is functional HR
HR structure in which
headquartered HR specialists craft
policies and HR generalists located
within divisions or other locales
implement the policies, adapt them
as needed, and interact with
employees.
What is protected class
People who are covered under a
particular federal or state anti-
discrimination law.
What is balanced scorecard
Measurement approach that
provides an overall picture of an
organization’s performance as
measured against goals in finance,
customers, internal business
processes, and learning and growth
What is occupational Safety and Health Act
(OSHA)
U.S. act that established the first
national policy for safety and health
and continues to deliver standards
that employers must meet to
guarantee the health and safety of
their employees.
What is Six Sigma Black Belts
Project Leaders
What is differential pay
Pay rates that are affected by where
or when an employee works.
What is workforce expansion
When a large amount of employees
enter an organization within a short
amount of time.
What is needs assessment
The process of identifying and
prioritizing the learning needs of
employees
What is Public comment period
Time allowed for the public to
express its views and concerns
regarding an action of an
administrative agency.
what is Graded Vesting
The worker must be 20% vested by
the 3rd year of service, and the
minimum vesting increases another
20% for each year until the worker
is 100% vested at year 7
what is total Quality Management
A comprehensive approach - led by
top management and supported
throughout the organization -
dedicated to continuous quality
improvement, training, and
customer satisfaction
what is organizational Needs Assessment
Training needs at an organizational
level, it defines the KSAs required
as the organization prepares for the
future.
what is the three spheres of sustainability
Environmental, social, economic
What is Value drivers
Actions, processes, or results that
are needed to deliver a desired
value.
what is critical path
Describes the shortest amount of
time required to complete a project,
taking into account all project task
relationships
What is nonexempt employees
Employees covered under U.S. Fair
Labor Standards Act regulations,
including minimum wage and
overtime pay requirements.
what is Situational Leadership
Telling, selling, participating,
delegating by Hersey-Blanchard
What is Divestiture
Sale by a company of an asset that
is not performing well, that is not
core to the company’s business, or
that is worth more as a separate
entity
What is promotion Pattern
The % of Internal Promotions
What is dedicated HR
HR structure that allows businesses
with different strategies in multiple
units to apply their own HR
expertise to each unit’s specific
strategic needs.
What is project Life Cycle
The management phases of a project
which includes, initiation and scope
definition; planning; execution,
control and coordination; closure,
acceptance and support
What is General pay increase
Pay increase given to employees
based on local competitive market
requirements
What is Cost-benefit analysis
Ratio of value created against the
cost of creating that value
What is Lilly Ledbetter Fair Pay Act
U.S. act that creates a rolling time
frame for filing wage discrimination
claims and expands plaintiff field
beyond employee who was
discriminated against.
what is business case
Presentation to management that
establishes that a specific problem
exists and argues that the proposed
solution is the best way to solve the
problem in terms of time, cost
efficiency, and probability of success.
What is Compensation System Design
Job Analysis, Job Documentation,
Job Evaluation, and Pay Structure
What is Conciliation
Method of nonbinding dispute
resolution involving a third party
who tries to help disputing parties
reach a mutually agreed decision
What is Geocentric Approach
An organization which is seen as a
single global business, with
management talent coming from
any location in the enterprise. The
strategic plan is global in
orientation, while the need to
balance global strategy with local
culture and regulations is well
understood.
What is Human Relations
The concept that recognizes that
businesses are social organizations
as well as economic systems and
that productivity is related to
employee job satisfaction.
What is Vroom’s expectancy theory
Suggests that people are motivated
by the reward they will receive
when they succeed and that they
weigh the value of the expected
reward against the effort required to
achieve it.
What is Absence rate
Ratio of lost days to number of
employees
What is Interpersonal Strategies
Deals with the work relationship
between employees. Efforts aimed at
clarifying work expectations and
norms to prevent
misunderstandings or conflicts
What is The Foreign Corrupt Practices Act
(1977)
Makes it illegal for U.S. companies
to pay/accepted bribes to or from
foreign officials
What is judgmental forecasts
Use of information from past and
present to predict future conditions
What is Faragher v. City of Boca Raton
U.S. court ruling that distinguished
between supervisor harassment that
results in tangible employment
action and supervisor harassment
that does not result in any tangible
action.
What is Portal-to-Portal Act
U.S. act that defines what is
included as hours worked and is
therefore compensable and a factor
in calculating overtime
what is Non Qualified Plans
Retirement plans that do not meet
the requirements of ERISA are
known as non-qualified plans These
plans often discriminate in favor of
the highly paid employees and often
have no vesting prior to retirement
age The contributions paid in by
employers are not tax deductible
until the employee actually receives
the funds
What is Introduction Stage
The initial stage of a product life
cycle, first appearance in the
marketplace when sales start at
zero and profits are negative
What is Golden Handshake
A large sum of money paid as
compensation to someone who is
obliged to leave a job or retire early
What is Layoffs
Temporary employment separations
What is Executive Order 11246
Prohibits discrimination on the
basis of race, color, national (country
of) origin, religion and gender in all
federal agencies and organization
doing business with the government
