People Flashcards
Job evaluation method that involves establishing a hierarchy of jobs from lowest to highest based on each job’s overall value to the organization.
Job ranking
Written statements of the necessary qualifications for the job incumbent.
Job specifications
Occurs when an employee is extremely competent in one area and is therefore rated highly in all categories.
Halo effect
Occurs when an employee receives an overall low rating because of one weakness.
Horn effect
Payments in return for the achievement of specific, time-limited, targeted objectives.
Incentives
Desire to do things because they matter, because we like it, because they’re interesting, or because they are part of something important.
Intrinsic motivation
Systematic study of jobs to determine what activities (tasks) and responsibilities they include, personal qualifications necessary for performance of the jobs, the conditions under which the work is performed, and the reporting structure.
Job analysis
Situation in which employees feel that performance or job differences results in corresponding differences in rewards that are fair.
Internal equity
Form of direct compensation where employers pay for performance beyond normal expectations to motivate higher performance.
Incentive pay
Number of people on an organization’s payroll at a particular moment in time.
Head count
Organization characterized by a capability to adapt to changes in environment.
Learning organization
Study of the education of children.
Pedagogy
Pay systems in which employee characteristics, rather than the job, determine pay.
Person-based pay
Used to group jobs that have approximately the same relative internal or external worth and are paid at the same rate or within the same pay range.
Pay grades
Process of encouraging candidates to apply for job openings.
Recruitment
Set the upper and lower bounds of possible compensation for individuals whose jobs fall in a pay grade.
Pay ranges
Specific point in a distribution of data that has a given percentage of cases below it.
Percentiles
Situation where an individual’s performance is the basis for the amount and timing of pay increases; also called merit pay or pay for performance.
Performance-based pay
Part of the selection process that provides an applicant with honest and complete information about a job and the work environment.
Realistic job preview (RJP)
Payments in return for the achievement of specific, time-limited, targeted objectives.
Premiums
Learning/development programs offered initially in a controlled environment with a segment of the target audience.
Pilot programs
Situations in which employees’ pay is above the range maximum.
Red-circle rates
Modifications or adjustments to a job or job application process that accommodate persons with disabilities but do not impose a disproportionate or undue burden on the employer.
Reasonable accommodation
Pay based on the quantity of work and outputs that can be accurately measured.
Productivity-based pay
Job evaluation method that looks at compensable factors (such as skills and working conditions) that reflect how much a job adds value to the organization; points are assigned to each factor and then added to come up with an overall point value for the job.
Point-factor system
System that shows preference to employees with the longest service.
Seniority
Interviews designed to probe areas of interest to the interviewer in order to determine how well a job candidate meets the needs of the organization.
Selection interviews
Ability to keep talent employees in the organization.
Retention
Ability of an instrument to measure consistently.
Reliability
Assessment tools that provide candidates a wide range of leadership situations and problem-solving exercises, including in-basket tests, financial or business data analysis, leaderless group discussions, interview simulations, role plays, and psychological inventories.
Simulations
Analyzing candidates’ application forms, curriculum vitae, and resumes to locate the most-qualified candidates for an open job.
Selection screening
Process of vetting the most suitable candidate for a position.
Selection
Surveys that collect information on prevailing market compensation and benefits practices, including starting wage rates, base pay, pay ranges, other statutory and market cash payments, variable compensation, and time off.
Remuneration surveys
Type of interview in which interviewer assumes an aggressive posture to see how a candidate responds to stressful situations.
Stress interview
HR function that acts on the organizational human capital needs identified through workforce planning and attempts to provide an adequate supply of qualified individuals to complete the body of work necessary for the organization’s financial success.
Staffing
Variety of online Internet technology platforms and communities that people use to communicate and share information and resources.
Social media
Provides each incumbent of a job with the same rate of pay, regardless of performance or seniority; also known as flat-rate pay.
Single-rate pay
Instruments used to collect and assess employee perceptions about the work environment.
Employee surveys
Activities associated with an employee’s tenure in an organization.
Employee life cycle (ELC)
Small group (normally six to twelve) invited to actively participate in a structured discussion with a facilitator.
Focus group
People who learn best through a hands-on approach; also called tactile learners.
Kinesthetic learners
Process of delivering educational or instructional programs to locations away from a classroom or site.
Distance learning
One-time payment made to an employee; also called performance bonus.
Lump-sum increase (LSI)
Actions and activities that individuals perform in order to give direction to their work lives.
Career planning
All financial returns (beyond any benefits payments or services), including salary and allowances.
Compensation
Pay rate divided by the midpoint of the pay range.
Compa-ratio
Physical, psychological, and social aspects of employee health.
Well-being
People who learn best by relying on their sense of sight.
Visual learners
Average of data that takes other factors such as the number of incumbents into account.
Weighted average