Download Terms and Definitions in Labor Studies: Compensation, Unions, and Labor Laws and more Quizzes Human Resource Management in PDF only on Docsity! TERM 1 Total Compensation DEFINITION 1 A combination of incentives or benefits with wages or salaries TERM 2 Direct Compensation DEFINITION 2 Compensation that goes directly to the employee-Fixed = wages, salary TERM 3 Indirect compensation DEFINITION 3 Doesn't go directly to the employee-Ex. benefits, health care TERM 4 Effective Incentive Programs DEFINITION 4 Clear and specific goals Easy to measure goals Room for improvement in productivity Attainable goals substantial enough reward to encourage effort TERM 5 Mandatory Benefits DEFINITION 5 Legislated by federal and state governments and include: Social Security Unemployment Compensation( no fault of employees) Workers Comp( disabled at work) TERM 6 Voluntary benefits DEFINITION 6 Some voluntary benefits have become so standard that employees in most industries now expect them such as: Group life reinsurance Group Health Insurance TERM 7 Individual Incentive Programs DEFINITION 7 Commission ProgramsBonus plansStandard hour incentive programsAwardsMerit Pay TERM 8 Group Incentive Programs DEFINITION 8 Cost Saving PlansProfit Sharing- a portion of profits are shared among employeesStock OptionsEmployee Stock Ownership Plan TERM 9 National Labor Code (NLRA) DEFINITION 9 Protects the rights of employees and employers, to encourage collective bargaining, and curtail certain private sector labor and management practices. TERM 10 Landrum Griffin Act DEFINITION 10 labor law that regulate labor unions internal affairs and their officials relationships with employers TERM 21 Closed Shop (outlawed) DEFINITION 21 A firm that requires individuals to join a union before they can be hired TERM 22 Union Shop DEFINITION 22 A clause in a collective bargaining agreement that requires new employees to join unions, usually 30-60 days after being hired, or they will be fired TERM 23 Agency Shops DEFINITION 23 Required employees who do not join the union to be pay for the union's representation services TERM 24 Maintenance-of-Membership DEFINITION 24 Requires workers to remain members of the union for the period of the labor contract TERM 25 Bargaining process DEFINITION 25 1. Preparation and initial demands2. Continuing negotiations- this leads to Bargaining, impasse, conciliation, mediation, or arbitration OR Strikes and Lockouts 3. Settlement and contract agreement TERM 26 Mandatory Bargaining DEFINITION 26 Issues identified specifically by labor laws or court decisions as subject to bargaining TERM 27 Voluntary bargaining issues (permissive issues) DEFINITION 27 Are those issues that both sides want to discuss during collective bargaining process TERM 28 Illegal Bargaining issues DEFINITION 28 Those issues that are prohibited by law from collective bargaining negotiations TERM 29 Mediator DEFINITION 29 A third party attempts to help both sides reach an agreement; mediators can make recommendations, but they cannot for agreement TERM 30 Arbitrator DEFINITION 30 has the power to force agreement on both sides during negotiation TERM 31 Employee Assistance Program DEFINITION 31 programs that help employees with personal problems, and /or work related problems that may impact their jobs TERM 32 OSHA DEFINITION 32 Occupational safety and health Administration TERM 33 compents Wellness DEFINITION 33 Health screening and assessmentPhysical fitness programsEducation and training
