HRMT 386

HRMT 386

* capacity to work

the ability to perform real physical work, and work ability is a result of interaction of worker to his or her work that is how good a worker is at present, in near future, and how able is he or she to do his or her work with respect to work demands and health and mental resources.

capital

a stock of accumulated goods especially at a specified time and in contrast to income received during a specified period

capitalist economy

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economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society.

employment relationship

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addresses the complex relationships between people, employers, unions, governments and the law.

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human resources management (HRM)

The process of managing human talent to achieve an organization’s objectives

gender-based analysis

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the variety of methods used to understand the relationships between men and women, their access to resources, their activities, and the constraints they face relative to each other

labour

work, especially hard physical work.

labour market

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the availability of employment and labor, in terms of supply and demand.

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labour process

concerned with analysing how a workforce's labour power (its ability to work) is directed towards the production of commodities (goods and services) that can be sold at a profit.

**male as norm**

holds that language referring to females, such as the suffix *-ess* (as in *actress*), the use of man to mean "human", and other such devices, strengthens the perceptions that the male category is the norm and that the corresponding female category is a derivation and thus less important.

Non-standard employment

work arrangement between an employer and employee that deviates from standard employment.

Pluralism

assumes that diversity is beneficial to society and that autonomy should be enjoyed by disparate functional or cultural groups within a society, including religious groups, trade unions, professional organizations, and ethnic minorities.

**Precarious Work**

the term precarious is used to refer to a type of work which is poorly paid, unprotected, and insecure.

production

the action of making or manufacturing from components or raw materials, or the process of being so manufactured.

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profit impereative

On the micro level, it describes mechanisms that force firms or consumers (households) to increase revenues or consumption to not endanger their income.

remuneration

money paid for work or a service.

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Social reproduction

is the passing on of social inequality across generations. The upper class has many advantages; having money provides the ability to have even more resources to get ahead. The opposite is true for lower classes, where with less money, there are fewer resources.

Unitarism

a perspective on employment that emphasizes the shared interests of all members of an organization. It assumes there are compatible goals, a common purpose, and a single (unitary) interest which means that, if managed effectively, the organization will function harmoniously.

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wage gap

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an __undesirable__ or __unfair__ difference between the average amounts that two sectors of a population are paid.

wage-effort bargain

The exchange of effort for reward which lies at the core of the employment relationship. This sociological concept captures the tacit or customary nature of the economic exchange within work and assumes that accepted norms regulate the worker's input.

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* wage-rate bargain

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discussions between representatives of employees and employers in order to agree levels of pay