People Flashcards
Employee Engagement
Employee’s emotional commitment to an organization, demonstrated by their willingness to put in discretionary effort to promote the organization’s effective functioning.
Employee Life Cycle
Activities associated with an employee’s tenure in an organization
Employee Surrvey
Instruments that collect and assess information on employee’s attitudes on and perceptions of the work environment or employment conditions
Employee Value Proposition
Employee’s perceived value of the total rewards and tangible and intangible benefits they receive from the organization as part of employment which drives unique and compelling organizational strategies for talent acquisition, retention, and engagement.
Employment Branding
Process of positioning an organization as an “employer of choice” in the labor market”
Environmental Scanning
Process that involves a systematic survey and interpretation of relevant data to identify external opportunities and threats and to assess how these factors affect the organization currently and how they are likely to affect the organization in the future.
External Equity
Situation in which an organization’s compensation levels and benefits are similar to those of other organizations that are in the same labor market and compete for the same employees.
Flat-rate Pay
Provides each incumbent of a job with the same rate of pay regardless of performance or seniority also known as single-rate pay.
General Pay Increase
Pay increase given to employees based on local competitive market requirements; awarded regardless of employee performance.
Green circle rates
Situations in which an employee’s pay is below the minimum of the range.
Head Count
Number of people on an organization’s payroll at a particular moment in time.
Incentive Pay
Form of direct compensation where employers pay for performance beyond normal expectations to motivate higher performance.
Incentives
Payments in return for the achievement of specific time-limited targeted activities.
Individual Development Plan
Document that guides employees toward their goals for professional development and growth.
Internal Equity
Extent to which employees perceive that monetary and other rewards are distributed equitably, based on effort, skill and/or relevant outcomes.
Job Analysis
Process of systematically studying a job in order to identify the activities/tasks and responsibilities it includes, the personal qualifications to perform it, and the conditions under which it is performed.
Job Classification
Job evaluation method in which descriptions are written for each class of jobs: individual jobs are then put into the grade that best matches their class description.
Job Description
Document that describes a job and its essential functions and requirements (including tasks, knowledge, skills, abilities, responsibilities, and reporting structure.)
Job Enlargement
Process of broadening a job’s scope by adding different tasks for the job.
Job Enrichment
Process of increasing a job’s depth by adding responsibilities to the job.
Job Evaluation
Process of determining a job’s value and price for the purpose of attracting and retaining employees by comparing the job against other jobs within the organization or against similar jobs in competing organizations.
Job Ranking
Job Evaluation Method that involves establishing a hierarchy of jobs from lowest to highest based on each job’s overall value to the organization.