HR Terms Flashcards
401(k) Plan
An agreement in which a percentage of an employee’s pay is withheld and invested in a tax deferred account
Adverse Impact
When employer practices result in much higher percentages of protected groups being rejected for employment or promotion
Attitude Survey
One that focuses on employees’ feelings and beliefs about their jobs and the organization
Compensatory Time Off
Hours given in lieu of payment for extra time worked
Cumulative Trauma Disorders (CTDs)
Muscle and skeletal injuries that occur when workers respectively use the same muscles to perform tasks
Disparate Impact
When under representation of protected class results from employment decisions that work to their disadvantage
Disparate Treatment
When protected-class members are treated differently from others
Employee Stock Ownership Plan (ESOP)
A plan whereby employees gain stock ownership in the organization for which they work
Employment-At-Will (EAW)
A common law doctrine stating that employers have the right to hire, fire, demote, of promote whomever they choose, unless there is a law or contract to the contrary
Exempt Employees
Employees to whom employers are not required to pay overtime under the Fair Labor Standards Act