Human Resources Management Terms and Definitions, Exams of Human Resource Management

Download Human Resources Management Terms and Definitions and more Exams Human Resource Management in PDF only on Docsity! H uman Resources Management (DECA) questions and Correct Answers. Absence - Correct answer Time off when an employee is not at work during their normal work period. Can be scheduled or unscheduled. Base Salary - Correct answer a fixed amount of money paid to an employee by an employer in return for work performed. Base salary does not include benefits, bonuses or any other potential compensation from an employer. Benchmark Job - Correct Answer A job commonly found in the workforce for which pay and other relevant data are readily available. used to make pay comparisons and job evaluations. Benefits - Correct answer a form of compensation above the amount of pay specified as a base salary or hourly rate of pay. Also a portion of a total compensation package for employees. Bonus - Correct Answer Compensation above and beyond that defined by a base salary our hourly wage. Bumping - Correct Answer Giving long-standing employees, whose positions are to be eliminated, the option of taking other positions within the company that they are qualified for and that are currently held by employees with less seniority. Buyout - Correct Answer an offer made by a company to its employees, often including a severance package, in exchange for leaving the company. Coaching - Correct Answer The first step in any effort to improve employee performance is counseling or _____. Counseling or ______ is part of the day-to-day interaction between a supervisor and an employee. _____ provides positive feedback about employee contributions and helps improve performance. COBRA - Correct answer _____ gives employees and their families, who lose their health benefits because of unemployment, the right to continue to pay for group health benefits provided by their group health plan. These health care benefits may be extended for limited periods of time under certain circumstances according to the COBRA regulations. Collective Bargaining - Correct Answer One or more unions meeting with the representatives from an organization to negotiate labor contracts. Confidentiality Agreement - Correct answer a written legal contract between an employer and employee. it lays out binding terms and conditions that prohibit the employee from disclosing company confidential and proprietary information. Disability - Correct Answer The inability to perform all or part of one's occupational duties because of an accident or illness. Discrimination - Correct Answer The favoring of one group of people, resulting in unfair treatment of other groups. Downsizing - Correct answer ____ or lay-offs reduce the number of employees in an organization. Downsizing may be a strategy to save the company, but when layoffs are used repeatedly without necessary strategy, downsizing can destroy morale among employees. Employee Handbook - Correct answer a compilation of the policies, procedures, working conditions, and behavioral expectations that guide employee actions in a particular workplace. generally, also include information about the company, employee compensation and benefits, and additional terms and conditions of employment. Employee of the Month - Correct answer a recognition strategy companies have used successfully and unsuccessfully. Employee Relations - Correct Answer Developing, maintaining, and improving the relationship between employer and employee by effectively and proactively communicating with employees. Employment Gap - Correct answer a period of months or years when the job applicant was not employed at a job for reasons such as attending school full time and raising children. Empowerment - Correct Answer Giving employees the resources, skills, and authority necessary to share power with management and make decisions. Employees are then held accountable for their decisions and rewarded when appropriate. Equal Opportunity - Correct Answer The granting of equal rights, privileges, and status regardless of gender, age, race, religion, disability, or sexual orientation Fair Labor Standards Act - Correct Answer Sets the federal standard for minimum wage, overtime pay, record keeping, and child labor. Flex Schedule - Correct answer allows an employee to work hours that differ from the normal company start and stop time Flexible Spending Accounts - Correct answer allow employees to set aside a portion of their earnings on a pre-tax basis into separate spending accounts to fund allowable health care and/or dependent day care expenses