Vocab3 Flashcards
(170 cards)
Ricci v. DeStefano
Supreme Court ruling that employers may violate Title VII when they engage in race-conscious decision making to address adverse impact unless they can demonstrate a “strong basis in evidence†that, had they not taken the action, they would have been liable under a disparate impact theory.
Right to work
Refers to statutes that prohibit unions from making union membership a condition of employment.
Risk management
Identification, evaluation, and control of risk that may affect an organization, typically incorporating the use of insurance and other strategies.
Risk management scorecard
Tool used to make calculated judgments based on the probability that a circumstance will occur and the potential consequences.
Roth 401(k)/403(b) plans
Plans that allow after-tax contributions to existing 401(k) or 403(b) plans.
Roth IRA
Account providing tax-free income growth; contributions are made with after-tax dollars.
S-shaped curve
Type of learning curve in which learning occurs in a series of increasing and decreasing returns; usually seen when an employee is attempting to learn a difficult task that also requires specific insight.
Safe harbor
Provision in a law or regulation that provides some measure of protection from liability if certain conditions are met.
Safety
Freedom from hazard, risk, or injury.
Safety committees
Composed of workers from different levels and departments who are involved in safety planning and programs.
Salary
Uniform amount of money paid to a worker regardless of how many hours are worked.
Salary compression
Occurs when there is only a small difference in pay between employees regardless of their skills, experience, or seniority; also known as pay compression.
Sales
Business function responsible for selling an organization’s product to the marketplace.
Salting
Process of using paid union organizers to infiltrate an organization and organize its workers.
Sample
Portion of a population used to draw conclusions regarding an entire population.
Sarbanes-Oxley Act (SOX)
Act that changed corporate governance and reporting standards and underscored board of director’s responsibility to help ensure financial accountability, accuracy, and compliance.
Savings Incentive Match Plan for Employees (SIMPLE)
Retirement plan by which employees can contribute each year to a 401(k) plan or IRA.
Scatter diagram
Illustration that depicts possible relationships between two variables.
Scheduling
To an operations department, the act of detailed planning; based upon incoming orders, order history, and forecasts of future demand.
School Board of Nassau v. Arline
Supreme Court ruling that persons with contagious diseases could be covered by the Rehabilitation Act of 1973.
School-to-work programs
Allow organizations to partner with communities and schools to help develop the skilled workforce they will need for the future.
Secondary boycotts
When a union attempts to influence an employer by exerting pressure on another employer.
Secondary research
Uses data already gathered by others and reported in various sources.
Section 125 benefit plans
Written benefit plans maintained by the employer that allow employees to use pretax dollars to pay for certain qualified benefits.