GBUS5 CH9

is all the activities involved in acquiring, maintaining, and developing an organization's human resources.

is the development of strategies to meet a firm's future human resources needs.

is a list of key personnel and their possible replacements within a firm.

is a computerized data bank containing information on the skills and experience of all present employees.

is the differences among people in a workforce owing to race, ethnicity, and gender.

is a systematic procedure for studying jobs to determine their various elements and requirements.

is a list of the elements that make up a particular hob.

is a list of the qualifications required to perform a particular job.

is the process of attracting qualified job applicants.

is the attempt to attract job applicants from outside an organization.

is considering present employees as applicants for available positions.

is the process of gathering information about applicants for a position and then using that information to choose the most appropriate applicant.

is the process of acquainting new employees with an organization.

is the payment employees receive in return for their labor.

is the policies and strategies that determine employee compensation.

is a collection of data on prevailing wage rates within an industry or a geographic area.

is the process of determining the relative worth of the various hobs within a firm.

is a concept that seeks equal compensation for hobs requiring about the same level of education, training, and skills.

is a specific amount of money paid for each hour of work.

is a specific amount of money paid for an employee's work during a set calendar period, regardless of the actual number of hours worked.

is a payment that is percentage of sales revenue.

is a payment in addition to wages, salary, or commissions.

is an entire pay raise taken in one lump sum.

is the distribution of a percentage of a firm's profit among its employees.

is a reward in addition to regular compensation that is provided indirectly to employees.

is a compensation plan whereby an employee receives a predetermined amount of benefits dollars to spend on a package of benefits he or she has selected to meet individual needs.

is the process of teaching operations and technical employees how to do their present jobs more effectively and efficiently.

is a the process of preparing managers and other professionals to assume increased responsibility in both present and future positions.

is the evaluation of employee's current and potential levels of performance to allow managers to make objective human resources decisions.