Human Resource Management

Flashcards on key concepts and terminology related to Human Resource Management.

Human Resource Management (HRM)

The process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals.

Recruitment

The set of activities used to obtain a sufficient number of the right people at the right time.

Job Analysis

A study of what is done by employees who hold various job titles, including job description and job specifications.

Contingent Workers

Workers who do not have the expectation of regular full-time employment, including part-time workers, temporary workers, and independent contractors.

Flextime

Work schedules which give employees some freedom to choose which hours to work, often requiring a core time when all employees must be present.

Performance Appraisal

An evaluation that measures employee performance against established standards to make decisions about promotions, compensation, training, or termination.

Fringe Benefits

Benefits such as sick-leave pay, vacation pay, and pension plans that represent additional compensation to employees beyond base wages.

Affirmative Action

Employment activities designed to increase opportunities for people of color and women to right past wrongs.

Compensation

A main tool companies use to attract qualified employees and manage one of their largest operating costs.

Americans with Disabilities Act (ADA)

Legislation that requires employers to give applicants with disabilities the same consideration for employment as those without disabilities.