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| A group of jobs having the same basic nature of work (Clerk, teacher, engineer) but requiring different levels of skill, effort, responsibility or working conditions (eg entry versus senior level) |
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Definition
| A group of jobs having the same basic nature of work (Clerk, teacher, engineer) but requiring different levels of skill, effort, responsibility or working conditions (eg entry versus senior level) |
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| According to the Bureau of Labor Statistics from 2004, women earn 78.5 cent for every dollar earned by a man. |
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| According to the Bureau of Labor Statistics from 2004, women earn 78.5 cent for every dollar earned by a man. |
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| Any form of compensation contingent on group membership or team results. |
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| Any form of compensation contingent on group membership or team results. |
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| Cash received as in wages and salary and or contingent upon performance. |
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| Consolidates existing pay grades into fewer, wider bands. |
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| Davis-Bacon, Walsh-Healey, and Services Contract Acts require employers to meet prevailing wage levels when doing business with the federal government. |
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| Davis-Bacon, Walsh-Healey, and Services Contract Acts require employers to meet prevailing wage levels when doing business with the federal government. |
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| Eligible employees covered by federal program of retirement, survivor, disability and health benefits (Medicare.) |
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| Eligible employees covered by federal program of retirement, survivor, disability and health benefits (Medicare.) |
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| Employees paid on basis of either (1) degree of specific knowledge they possess or (2) an inventory of skills |
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Definition
| Employees paid on basis of either (1) degree of specific knowledge they possess or (2) an inventory of skills |
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Definition
| Employees perceive that their position is treated fairly within a pay program in relation to other jobs within the organization |
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Term
| Defined-contribution pension plans |
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Definition
| Employers provides specific amount (usually percent of base pay) to be deposited in employee's account. Employee owns the vested portion of the account. Amount paid is the amount in the account (no guaranteed amount). |
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| Cafeteria-Style Benefit Pans |
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Definition
| Enable an employee to select a benefit package from a list of available options. |
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Definition
| Establishes a specific number of levels, or grades, within which all jobs must be placed. |
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Definition
| Establishes a specific number of levels, or grades, within which all jobs must be placed. |
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| Exceptions in the Equal Pay Act; specifying that pay differentials are legally permitted when based on seniority, merit, quantity or quality of performance, and other factors (such as credentials, education experience, market demands...) |
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| Family Medical Leave Act of 1993 (FMLA) |
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Definition
| Federal law granting eligible workers up to 12 weeks unpaid leave for specified emergencies. |
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Definition
| Finding wage information in marketplace to set pay. |
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Term
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Definition
| Finding wage information in marketplace to set pay. |
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| Defined-benefit pension plans |
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Definition
| Guarantee a specific payment based on a percentage of preretirement pay. |
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Definition
| Hypothetical place in which all sellers or labor with certain characteristics meet with the buyers or labor to make deals. |
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| Hypothetical place in which all sellers or labor with certain characteristics meet with the buyers or labor to make deals. |
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| Includes such activities as weight control and exercise activities and anti-smoking assistance. |
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Definition
| Includes such activities as weight control and exercise activities and anti-smoking assistance. |
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Definition
| Indirect compensation; Employee benefits beyond salary (which is direct compensation). |
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| Matched to where an organization is located to find the geographic pool for best candidates. |
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Definition
| Matched to where an organization is located to find the geographic pool for best candidates. |
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Definition
| Most frequently used method of job evaluation;: Does not rank jobs but rather establishes standards and assesses the degree to which a particular job fits a set standard for a factor (e.g., Hay Method) |
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Definition
| Most frequently used method of job evaluation;: Does not rank jobs but rather establishes standards and assesses the degree to which a particular job fits a set standard for a factor (e.g., Hay Method) |
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Definition
| Most popular point-factor plan for evaluate jobs. |
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Definition
| Placing jobs in order from most valuable (or most important to most difficult) to least valuable (or least important or least difficult) using a single factor such as the importance of the job to the firm's competitive advantage. |
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Term
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Definition
| Placing jobs in order from most valuable (or most important to most difficult) to least valuable (or least important or least difficult) using a single factor such as the importance of the job to the firm's competitive advantage. |
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Definition
| Principle tools to determine external equality |
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Definition
| Principle tools to determine external equality |
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Definition
| Process of determining the relative worth of a job within the organization |
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Term
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Definition
| Process of determining the relative worth of a job within the organization |
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Term
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Definition
| Process of pricing jobs, that is, determining the market values of jobs; involves identifying the total compensation provided by the organizations for jobs similar to the jobs under study. |
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Definition
| Proposed to amend the equal Pay Act; it emphasizes on "equal pay for equivalent work" and requires employers to explain/justify any wage gaps between male and female employees. It also amends the very broad definition of affirmative defenses in the Equal Pay Act. |
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Term
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Definition
| Proposed to amend the equal Pay Act; it emphasizes on "equal pay for equivalent work" and requires employers to explain/justify any wage gaps between male and female employees. It also amends the very broad definition of affirmative defenses in the Equal Pay Act. |
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Term
| Consolidated Omnibus Budget Reconciliation Act of 1985 (Cobra) |
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Definition
| Proves current and former employees temporary extension of health benefits. |
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Term
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Definition
| Refers to all forms of financial returns and tangible benefits that employees receive as part of an employment relationship. |
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Term
| Pay Equity or Comparable Worth Policy |
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Definition
| Requires a pay structure that is based on an internal assessment of job worth through job evaluation; it is proposed as a means of eliminating gender and racial discrimination in the wage-setting process. |
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Term
| Pay Equity or Comparable Worth Policy |
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Definition
| Requires a pay structure that is based on an internal assessment of job worth through job evaluation; it is proposed as a means of eliminating gender and racial discrimination in the wage-setting process. |
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Term
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Definition
| Requires that men and women are given equal pay for equal work in the same establishment. The jobs need not be identical, but they must be substantially equal. It is job content, not job title, that determines whether jobs are substantially equal. |
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| Pregnancy Discrimination Act of 1978 |
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Definition
| Requires that pregnancy and pregnancy-related disabilities be treated the same as other disabilities. |
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Term
| Pregnancy Discrimination Act of 1978 |
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Definition
| Requires that pregnancy and pregnancy-related disabilities be treated the same as other disabilities. |
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Definition
| Survey of wages paid in relevant labor market for benchmarke jobs. |
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Term
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Definition
| Survey of wages paid in relevant labor market for benchmarke jobs. |
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| Employee Assistance Programs (EAPs) |
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Definition
| Typically provide counseling, diagnosis, and treatment for substance abuse, family and martial problem, depression, and financial and other personal difficulties. |
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Term
| Federally mandated benefits |
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Definition
| Unemployment compensation, social security, and workers' compensation. |
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Term
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Definition
| Using well known and strategically important jobs with available external market data. |
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