| A | B |
|---|
| compensation | The amount of money paid to an employee for work performed, including salary and wages |
| salary and wages | Direct payment of money to an employee for work completed |
| incentive system | The amount of compensation connected to the quality or quantity of an employee’s performance |
| benefits | Compensation in forms other than direct payment |
| promotion | The advancement of an employee to a position with greater responsibility |
| termination | The end of an employment relationship between a company and an employee |
| transfer | The assignment of an employee to another job in the company with a similar level of responsibility. |
| downsizing | A planned reduction in the number of employees needed in a firm in order to reduce cost and make the business more efficient |
| outsourcing | Removing work from one company and sending it to another company that can complete it at a lower cost |
| diversity | The comprehensive inclusion of people with differences in personal characteristics and attributes |
| glass ceiling | An artificial limit placed on minority groups moving into positions of authority and decision-making |
| job analysis | A specific study of a job to identify in detail the job duties and skill requirements |
| labor union | An organized group of employees who negotiate with employers about issues, such as wages and working conditions |
| organizational culture | The environment in which people work, made up of the atmosphere, behaviors, beliefs, and relationships |
| work environment | The physical conditions and the psychological atmosphere in which employees work. |
| workforce | The people engaged in or available for work, either in a country or area or in a particular company or industry. |
