Shared Flashcard Set

Details

PHR 3
PHR 3
14
Business
Not Applicable
06/08/2018

Additional Business Flashcards

 


 

Cards

Term
Job Design
Definition
tasks, duties and responsibilities needed by the organization can be combined as a development tool
Term
skill variety
Definition
ability of the employee to use multiple skill sets to complete a task
Term
Task identity
Definition
concept that the effort applied by the worker produces a whole identifiable unit or outcome as opposed to a single part.
Term
Task significance
Definition
The inherent or perceived value of a job either internally to coworkers or externally to society.;
Term
Job Enlargement
Definition
additional skills are added to the job without increasing the level of responsibility or skill. It may be viewed positively by employees when it reduces boredom by increasing the variety of tasks assigned.
Term
job evaluation
Definition
process used traditionally to determine the value of jobs relative to each other in the organization.
Term
job evaluation
Definition
process used traditionally to determine the value of jobs relative to each other in the organization.
Term
classification method
Definition
identifying key benchmark positions. These positions are jobs common to organizations regardless of size or industry such as accountants or admin assistants.
Term
Point factor method
Definition
provides organizations with a system of points that are assigned to the position being evaluated. Based on the total number of points a position receives, a pay grade/range is assigned to the position. Specific factors fall under five categories: education, skill, effort, responsibility and working conditions.
Term
HAY System
Definition
knowledge, problem solving, and accountability.
Term
salary structure
Definition
provides an organized, systematic way of identifying base pay for employees in different jobs throughout the organization.
Term
competency based compensation
Definition
most effectively with broadband salary ranges to maximize flexibility as employees attain greater levels of competence in current KSAs or add new ones.
Term
competency profiles
Definition
consists of 10-12 key competencies identified by those who know the job requirements best- in most cases, job incumbents who are performing at a high level.
Term
intrinsic reward
Definition
Form of noncompensatory reward that enhances individual employee
self-esteem, such as satisfaction from challenging work.
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