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Management 240
Chapter 13
15
Management
Undergraduate 2
03/17/2008

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Cards

Term
human resource management (HRM)
Definition
the philosophies, policies, and practices that an organization uses to affect the behaviors of people who work for the organization
Term
equal employment opportunity
Definition
states that job applicants and employees should be judged on characteristics that are related to the work that they are being hired to do and on their job performance after being hired, and they should be protected from discrimination based on their personal background characteristics, such as gender, race, ethnicity, religion, and so forth
Term
title VII of the Civil Rights Act
Definition
prohibited discrimination by employers, employment agencies, and unions on the basis of race, color, religion, sex, or natural origin
Term
bona fide occupational qualification (BFOQ)
Definition

an organization is allowed to discriminate based on a characteristic that is can demonstrate MUST be present in ALL employees for a particular job

- gender for locker room attendants

- physical appearance for models 

Term
validity
Definition
the extend to which scores on a test or interview correspond with actual job performance
Term
fair labor standards act (1938)
Definition

establishes a minimum wage, which may be raised by individual states

- controls hours through premium pay for overtime

- controls working hours for children

- applies to most nonmanagerial employees in private industry 

Term
equal pay act (1963)
Definition
requires men and women to be paid equally when they are doing equal work (in terms of skill, effort, responsibility, and working conditions) in the same organization
Term
human resource planning
Definition
involves forecasting the organization's human resource needs and developing the steps to be taken to meet them
Term
contingent workers
Definition
employees who are hired by companies for specific tasks or short periods of time with the understanding that their employment may be ended at any time
Term
competency inventory
Definition

a detailed file maintained for each employee that lists level of education, training, experience, length of service, current job title and salary, and performance history

- to keep track of talent in the organization so that it can be nurtured and used effectively 

Term
360-degree appraisal
Definition
measures performance by obtaining assessments of the employee from a variety of sources: supervisors, subordinates, colleagues inside the company, people outside the organization with whom the employee does business, and even a self-appraisal by the employee
Term
non-monetary compensation
Definition
many forms of social and psychological rewards, such as recognition and respect from others and opportunities for self-development
Term
monetary compensation
Definition
direct payments such as salary, wages, and bonuses, as well as benefits such as covering the costs of insurance plans
Term
base pay
Definition
perceived fairness increase if at or above market average
Term
incentive pay
Definition
pay such as commissions, bonuses, and profit sharing
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