BUS101: Chapter 10
wages
how much you make an hour
salary
how much you make weekly, monthly, or annually
separations
Employment changes involving resignation, retirement, termination or layoff
orientation
Familiarizing newly hired employees with fellow workers, company procedures and the physical properties of the company
Age Discrimination in Employment Act
Focuses on discrimination against those 40+ years
training
Teaching employees to do specific job tasks
labor unions
Employee organizations formed to deal with employers for achieving better pay, hours and working conditions
strikes
Employee walkouts; one of the most effective weapons of labor unions
turnover
Employees quit or are fired and must be replaced
wage/salary survey
tells companies how much compensation comparable firms are paying
on-the-job training
workers learn by actually performing the tasks of the job
labor contract
written document that spells out the relationship between the union and management for a specified period of time
job description
written explanation of a specific job; usually includes; job title, tasks, physical skills required, duties, and responsibilities
testing
Ability and performance tests used to determine if applicant has the skills necessary for the job
promotion
Advancement to a higher-level job with increased authority, responsibility and pay
commission
An incentive system that pays a fixed amount or a percentage of the employee's sales
job analysis
Determines, through observation and study, pertinent information about a job including specific tasks and necessary abilities, knowledge and skills
recruiting
Forming a pool of qualified applicants from which management can select employees
lockout
Management's version of a strike, wherein a work site is closed so that employees cannot go to work
Equal Pay Act
Mandates that men and women who do equal work receive the same wage
transfer
Move within company at essentially the same level and wage
benefits
Non financial forms of compensation provided to employees
piece wages
Pay based on the level of output achieved
strikebreaker (scabs)
People hired by management to replace striking employees
Americans with Disabilities Act (ADA)
Prevents discrimination against persons with disabilities
Title VII of the Civil Rights Act
Prohibits discrimination in employment
Equal Employment Opportunity Commission (EEOC)
agency dedicated to increasing job opportunities for women and minorities and eliminating job discrimination based on race, religion, color, sex, or handicap
human resource management (HRM)
also known as PERSONNEL All activities involved in determining an organization's human resources needs, as well as acquiring, training and compensating people to fill those needs
boycott
attempt to keep people from purchasing the products of a company
job specification
description of the qualifications for a specific job, in terms of education, experience, and physical characteristics
classroom training
teaches employees with lectures, conferences, video and Web-based instruction
collective bargaining
negotiation process through which management and unions reach an agreement about compensation, working hours and working conditions for the bargaining unit
selection
process of collecting information about applicants and using that information to make hiring decisions
picketing
public protest against management practices that involves union members marching and carrying anti-management signs at the employer's plant or work site
head hunters
specialized in luring qualified people away from other companies
