Human Resource Management (HRM) - answer✔Consists of all activities involved with
aquiring, developing, and compensating the people who do the company's work
360-degree feedback - answer✔Uses performance feedback gathered from a broad range of
people with whom the employee works rather than from just the employee's manager
Employee assistance programs - answer✔Provide confidential personal problem-solving,
counseling, and support services for employees
Job description - answer✔A list of the basic tasks that make up a job
Job specification - answer✔A list of the qualifications a worker needs to d that job
Promotion - answer✔The advancement of an employee within a company to a position with
more authority and responsibility
Transfer - answer✔The assignment of an employee to another job in the company that, in
general, involves the same level of responsibility and authority as the person's current work
Discharge - answer✔The release of an employee from the company due to inappropriate work
behavior
Layoff - answer✔A temporary or permanent reduction in the number of employees because of a
change in business conditions
Employee turnover - answer✔The rate at which people enter and leave employment in a business
during a year
Method 1 of Calculating the Rate of Employee Turnover - answer✔# of employees who have
terminated employment with the business / average # of employees = % of employee turnover
Method 2 of Calculating the Rate of Employee Turnover - answer✔# of employees hired to
replace employees who have terminated employment with the business / average # of employees
= % of employee turnover
Exit interview - answer✔A formal interview with an employee who is leaving the company to
determine his or her attitudes about the company and suggestions for improvement
Americans with Disabilities Act (ADA) - answer✔Prohibits employments discrimination against
individuals with physical and mental handicaps or chronic illnesses if they are able to perform
the basic functions under the job
Fair Labor Standards Act (FLSA) - answer✔Prescribes standards for wages and overtime pay
Occupational Safety and Health Act (OSHA) - answer✔Regulates safety and health conditions in
most businesses
Social Security - answer✔A social insurance program funded through payroll contributions
Medicare - answer✔Provides supplemental health insurance for retirement-age people as well as
others with specified disabilities
Workers' compensation - answer✔Requires all employers to provide insurance for the death,
injury, or illness of employees that result from their work
Unemployment insurance - answer✔A state-mandated program that provides temporary income
to individuals who have been laid off from their jobs
Family And Medical Leave Act (FMLA) - answer✔Requires that employers covered by the law
must allow an eligible employee up to a total of 12 weeks of leave during a year for new child,
immediate family member's health, or medical leave
Laws that expand employment opportunities - answer✔The Civil Rights Act, Equal Pay Act,
Age Discrimination in Employment Act, Immigration Reform and Control Act, and the
Americans with Disabilities Act
Adverse Impact - answer✔Occurs if women and minorities are not hired at the rate of at least
80% of the best achieving group
Affirmative Action - answer✔Requires employers to take positive steps to ensure employment of
applicants and treatment of employees
Availability Forecast - answer✔Process of determining whether a firm will be able to secure
employees with the necessary skills from within the company
Bargaining Unit - answer✔Group of employees not necessarily union members recognized by an
employer or certified by an administrative agency as appropriate for represemtation
Beachhead demands - answer✔demands that the union does not expect management to meet
when they are first made
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 Brainbarter. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
