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Chapter 8 HRM Vocab

AB
workforceall of the people 16 years or older who are employed or who are looking for a job
organizational culturethe environment in which people work, made up of the atmosphere, behaviors, beliefs, and relationships.
terminationthe end of an employment relationship between a company and an employee.
work environmentthe physical conditions and the psychological atmosphere in which employees work.
transferthe assignment of an employee to another job in the company with a similar level of responsibility.
diversitythe comprehensive inclusion of people with differences in personal characteristics and attributes.
labor unionan organized group of employees who negotiate with employers about issues, such as wages and working conditions.
glass ceilingan artificial limit placed on minority groups moving into positions of authority and decision making.
downsizinga planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient.
job analysisa specific study of a job to identify in detail the job duties and skill requirements.
compensationthe amount of money paid to an employee for work performed, including salary and wages.
salary and wagesdirect payment of money to an employee for work completed.
outsourcingremoving work from one company and sending it to another company that can complete it at a lower cost.
benefitscompensation in forms other than direct payment.
incentive systemscompensation systems connected to the quality or quantity of an employee’s performance.
promotionthe advancement of an employee to a position with greater responsibility.



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