the rewards of H.R. (chapter 1) Flashcards
human capital
the employees’ knowledge, skills, abilities, and other attributes (KSAOs) that have economic value to the firm
offshoring
shifting work to locations abroad
employee leasing
The process of dismissing employees who are then hired by a leasing company (which handles all HR-related activities) and contracting with that company to lease back the employees
Human resources information systems (HRIS)
A computerized system that provides current and accurate data for purposes of control and decision-making
knowledge workers
Workers whose responsibilities extend beyond the physical execution of work to include planning, decision-making, and problem-solving
furloughing
A situation in which an organization asks or requires employees to take time off for either no pay or reduced pay
homeshoring
Occurs when a firm relocates jobs abroad back to its domestic market
collaborative software
Software that allows workers to interface and share information with one another electronically
line managers
Non-HR managers who are responsible for overseeing the work of other employees
nearshoring
Showing card 16 of 1616 of 16 | Hide Card | Flip Card
Definition:
Occurs when a firm relocates jobs abroad to nations closer to its domestic market
sustainability
Doing business in a way that does as little harm to the environment and depletes as few natural resources as possible
corporate social responsibility
The responsibility of the firm to act in the best interests of the people and communities affected by its activities
employee engagement
A situation in which workers are enthusiastic and immersed in their work to the degree that it improves the performance of their companies