People Flashcards
(123 cards)
Job evaluation method that involves establishing a hierarchy of jobs from lowest to highest based on each job’s overall value to the organization.
Job ranking
Written statements of the necessary qualifications for the job incumbent.
Job specifications
Occurs when an employee is extremely competent in one area and is therefore rated highly in all categories.
Halo effect
Occurs when an employee receives an overall low rating because of one weakness.
Horn effect
Payments in return for the achievement of specific, time-limited, targeted objectives.
Incentives
Desire to do things because they matter, because we like it, because they’re interesting, or because they are part of something important.
Intrinsic motivation
Systematic study of jobs to determine what activities (tasks) and responsibilities they include, personal qualifications necessary for performance of the jobs, the conditions under which the work is performed, and the reporting structure.
Job analysis
Situation in which employees feel that performance or job differences results in corresponding differences in rewards that are fair.
Internal equity
Form of direct compensation where employers pay for performance beyond normal expectations to motivate higher performance.
Incentive pay
Number of people on an organization’s payroll at a particular moment in time.
Head count
Organization characterized by a capability to adapt to changes in environment.
Learning organization
Study of the education of children.
Pedagogy
Pay systems in which employee characteristics, rather than the job, determine pay.
Person-based pay
Used to group jobs that have approximately the same relative internal or external worth and are paid at the same rate or within the same pay range.
Pay grades
Process of encouraging candidates to apply for job openings.
Recruitment
Set the upper and lower bounds of possible compensation for individuals whose jobs fall in a pay grade.
Pay ranges
Specific point in a distribution of data that has a given percentage of cases below it.
Percentiles
Situation where an individual’s performance is the basis for the amount and timing of pay increases; also called merit pay or pay for performance.
Performance-based pay
Part of the selection process that provides an applicant with honest and complete information about a job and the work environment.
Realistic job preview (RJP)
Payments in return for the achievement of specific, time-limited, targeted objectives.
Premiums
Learning/development programs offered initially in a controlled environment with a segment of the target audience.
Pilot programs
Situations in which employees’ pay is above the range maximum.
Red-circle rates
Modifications or adjustments to a job or job application process that accommodate persons with disabilities but do not impose a disproportionate or undue burden on the employer.
Reasonable accommodation
Pay based on the quantity of work and outputs that can be accurately measured.
Productivity-based pay