Exam (elaborations)
BUSMHR 3100 EXAM.
- Course
- Institution
Exam of 9 pages for the course BUSMHR 3100 at BUSMHR 3100 (BUSMHR 3100 EXAM.)
[Show more]
Seller
Follow
denicetho
Content preview
BUSMHR 3100 EXAMProtégé - ANS-less experienced employee
Coach - ANS-peer or manager who works with an employee to motivate the employee,
help him or her develop skills, and provide reinforcement and feedback.
Profit sharing - ANS-incentive pay in which payments are a percentage of the
organizations profits and do not become part of the employees base salary.
merit rate - ANS-system of linking pay increases to ratings on performance appraisals.
Gainsharing - ANS-group incentive program that measures improvements in
productivity and effectiveness and distributes a portion of each gain to employees.
Protean career - ANS-a career that frequently changes based on changes in the
persons interests, abilities, and values and in the work environment.
Performance management process - ANS-the process through which managers ensure
that employees activities and outputs contribute to the organizations goals.
o Step 1-define performance outcomes for company division and department
o Step 2-develop employee goals, behavior, and actions to achieve outcomes
o Step 3- provide support and ongoing performance discussions
o Step 4- evaluate performance
o Step 5-identify improvements needed
o Step 6-provide consequences for performance results.
Assessment center - ANS-a wide variety of specific selection programs that use multiple
selection methods to rate applicants or job incumbents on their management potential.
Balanced scorecard - ANS-combination of performance measures directed toward the
company's long and short term goals and used as the basis for awarding incentive pay
Scanlon plan - ANS-a gainsharing program in which employees receive a bonus if the
ratio of labor costs to the sales value of production is below a set standard.
merit pay - ANS-system of linking pay increases to ratings on performance appraisals.
Lateral move - ANS-same pay, new position
, downward/upward move - ANS-different pay, rank, and position
promotion - ANS-assignment of an employee to a position with greater challenges,
more responsibility, and more authority than in previous job, usually accompanied by a
pay increase.
Externship - ANS-employee development through a full time temporary position at
another organization.
Family and medical leave act (FMLA) of 1993 - ANS-federal law requiring org. with 50
or more employees to provide up to 12 weeks of unpaid leave after childbirth or
adoption; to care for a seriously ill family member or for an employee's own serious
illness; or to take care of urgent needs that arise when a spouse, child, or parent in the
National Guard or Reserve is called to active duty.
LMS/Learning management system - ANS-a computer application that automates the
administration, development, and delivery of training programs.
Instructional design process - ANS-process of systematically developing training to
meet specific needs.
ERISA Employee Retirement Income Security Act - ANS-federal law that increased the
responsibility of pension plan trustees to protect retirees, established certain rights
related to vesting and portability, and created the pension benefit guarantee corporation.
Supply - ANS-demand dynamics: labor shortages, etc.- based on forecasts for labor
demand and supply, the planner can compare the figures to determine whether there
will be a shortage or surplus of labor for each job category.
Downsizing - ANS-the planned elimination of large numbers of personnel with the goal
of enhancing the organizations competitiveness.
temp workers - ANS-popular with employers because it gives them flexibility they need
to operate efficiently when demand for their products changes rapidly. If employer
believes a higher level of demand will persist, it often can hire the temps as permanent
workers.
outsourcing work - ANS-contracting with another organization to perform a broad set of
services.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller denicetho. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.30. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76799 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now