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CPS - Management
CHAPTER 5-COMPENSATION, BENEFITS & RECORD KEEPING
18
Other
Not Applicable
08/14/2005

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Term
AUTHENTIC RECORD
Definition
PROVEN TO BE WHAT IT PURPOETS TO BE AND CREATED BY THE PERSON WHO ACTUALLY CREATED IT.
Term
CODE PF FEDERAL REGULATION (cfr)
Definition
IDENTIFIES WHICH RECORDS MUST BE KEPT, AND FOR HOW LONG. CFR DIVIDED INTO 50 TITLES EACH REPRESENTING A SPECIFIC AREA.
Term
COMPENSATION
Definition
MEANS OF REWARDING EMPLOYEES FOR THEIR LABOR.
Term
ELECTRONIC BUSINESS (E-BUSINESS)
Definition
INTERNET PRIME SOURCE FOR E-BUSINESS. BEHAVIOR-MAPPING TECHNIQUES CREATE PROFILES ON CUSTOMERS BASED ON THEIR INTERACTIONS ONLINE AND WITH AUTOMATEED CALL CENTERS.
Term
EMPLOYEE POLYGRAPH PROTECTION ACT
Definition
STATE PROVIDED TO EMPLOYEE SPECIFYING INCIDENT UNDER INVESTIGATION, BASIS FOR TESTING, NOTICE GIVEN TO EXAMINER, REPORTS, QUESTIONS, AND ALL RECORDS RELATED TO TEST. RATINED FOR 3 YEARS. LIMITED DISCLOSURE.
Term
EQUAL PAY ACT
Definition
COMPENSATION RECORDS, JOB EVALUATION & DESCRIPTION, MERIT & SENIORITY SYSTEMS, EXPLANATIONS OF WAGE DIFFERNETIALS - RETAINED 2 YEARS.
Term
FAIR LABOR STANDARDS ACT (AKA WAGE & HOUR LAW)
Definition
MINIMUM WAGE $5.15/HR AND WORKERS COVERED BY THE LAW MUST BE PAID 1-1/2 TIMES THEIR RATE FOR ALL WORK IN EXCESS OF 40 HOURS.
Term
FAMILY & MEDICAL LAVE ACT
Definition
EMPLOYER TO PROVIDE ELIGIBLE EMPLOYEE 12-WEEKS OF UNPAID LEAVE DURING A ONE-YEAR PERIOD FOR 3 REASONS: BIRTH-PALCEMENT FOR ADOPTION/FOSTER CARE OF A CHILD; SERIOUS OF SPOUSE,CHILD, PARENT OR EMPLOYEE. GUARANTEES EMPLOYEE SAME OR EQUIVALENT JOB.
Term
FEDERAL SOCIAL SECURITY ACT
Definition
SSA PROVIDES MONTHLY BENEFITS TO INSURED PERSONS & THEIR DEPENDENTS FOR RETIREMENT; DISABILITY OR DEATH AND MEDICATE TO PERSONS AHR 65 OR OLDER AND TO SOME <65 WHO ARE DISABLED.
Term
IMMIGRATION REFORM AND CONTROL ACT (i-9)
Definition
I-9 FORMS KEPT SEPARATE FROM REST OF PERSONNEL FILE - RETAINED FOR AT LEAST 3 YEARS.
Term
INDIRECT COMPENSATION (AKA FRINGE BENEFITS)
Definition
"TAX-FREE INCOME" SAME AS "FRINGE BENEFITS". THOSE REQUIRED BY LAW ARE: SOCIAL SECURITY, UNEMPLOYMENT COMPENSATION, WORKERS' COMPENSATION & DB INSURANCE.
Term
OUT-BASED SALARY
Definition
INCENTIVES GIVEN TO EMPLOYEES TO INCREASE PRODUCTIVITY - QUOTA OR STRAIGHT COMMISSION.
Term
RECORDS MANAGEMENT
Definition
PROCESS OF CONTROLLING LIFE CYCLE OF RECORD FROM CREATION TO DISPOSITION.
Term
RELIABLE RECORD
Definition
RECORD THAT IS TRUSTED TO AS FULL AND ACCURATE
Term
RETENTION PERIODS
Definition
LENGTH OF TIME EACH RECORD IS TO BE KEPT PRIOR TO ITS DESTRUCTION.
Term
TRANSFER
Definition
CHANGING RECORDS FROM ACTIVE TO INACTIVE STATUS.
Term
UNEMPLOYMENT INSURANCE (ui)
Definition
FEDERAL AND STATE SYSTEM DESIGNED TO PROVIDE WORKERS WITH PARTIAL REPLACEMENT OF WAGES THAT ARE LOST DURING INVOLUNTARY UNEMPLOYMENT.
Term
WORKER'S COMPENSATION
Definition
BENEFITS PROVIDED FOR INJURED WORKERS OR THEIR DEPENDENTS REGARDLESS WHO IS AT FAUALT.
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