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Human Resources

AB
360-degree feedbacka method of performance evaluation that uses performance feedback gathered from a broad range of people with whom the employee works, both inside and outside the organization.
Employee assistance ProgramsEmployer programs that provides confidential individual assistance including counseling and support services for employees experiencing serious personal or family issues.
employee turnoverThe rate at which people enter and leave employment in a business during a year.
exit interviewA formal interview with an employee who is leaving a company to determine the person's attitudes and feelings about the company and seek suggestions for improving the company.
Fair Labor Standards ActFederal law that prescribes standards for wages and overtime pay.
human resources managementAll activities involved with acquiring, developing, and compensating the people who do the company's work.
job descriptionA lisst of the duties and responsibilities that make up a job.
job specificationa list of the qualifications and skills a worker needs to do a job.
layoffa temporary or permanent reduction in the number of employees resulting from a change in business conditions.
MedicareHealth insurance for people 65 or older and for people under 65 with certain disabilities.
Occupational Safety and Health ActFederal law that regulates safety and health conditions in most businesses.
PromotionThe advancement of an employee within a company to a position with more authority and responsibility
Social Securitya social insuranceprogram funded through payroll contributions.
transferThe assignment of an employee to another job in the company that involves the same level of responsibility and authority as the person's current work.
unemployment insuranceA state-managed program that provides temporary income to individuals who have been laid off from their jobs.
workers' compensationInsurance provided by employers for the death, injury, or illness of employees that result from their work.


Business Educator
Tri-County High School
Wolcott, IN

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