Deck 2 Flashcards
(23 cards)
Succession Planning
the process for identifying and developing new leaders who can replace old leaders when they retire or die
scatter plot
a graph in which the values of two variables are plotted along two axes, with the pattern of the resulting points revealing any correlation present
Initiative
a new plan for dealing with a particular problem or for achieving a particular purpose
institutionalize
to send somebody who is not capable of living independently to live in a special building especially when it it for a long period of time
Metrics
a set of statistics used for measuring something, especially results that show how well a business, school, computer program, etc. is doing
centralize
centralize something to give the control of a country or an organization to a group of people in one particular place
Foreknowledge
knowledge of something before it happens
discontent
a feeling of being unhappy because you are not satisfied with a particular situation; something that makes you have this feeling
inbreeding
breeding between closely related people or animals
The status quo
the situation as it is now, or as it was before a recent change
referrals
the act of sending somebody who needs professional help to a person or place that can provide it
alternative staffing
workings employed by the company, but on an explicit short-term basis *Contract technical employees supplied for long term projects under contract from outside technical service firms
on-demand recruiting services
provide short-term specialized recruiting to support specific projects without the expense of retaining traditional search firms
explicit
clear and easy to understand
benefits of temps
-increased productivity (paid only when working)
-allows “trial run” for prospective employees
-no recruitment, screening, and payroll administration costs
temp
a temporary employee in an office
prospective
expected to do something or to become something
costs of temps
increased labor costs due to feed paid to temp agencies
temp employees’ lack of commitment to the firm
invoicing
make sure the agency’s invoice fits your firm’s needs
time sheets
the time sheet is a verification of hours worked and an agreement to pay the agency’s fees
Temp to perm policy
policy if you want to hire a temp as a permanent employee
recruitment of and benefits for temp employees
the agency plan to recruit and what sorts of benefits it will pay
dress code
specify the attire at each of your offices or plants