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Human capital
Knowledge, skills, and capabilities of individuals that have economic value to an organization.
Corporate Social Responsibility (CSR)
The responsibility of the firm to act in the best interest of the people and communities affected by its activities.
Sustainability
Doing business in a way that does as little harm to the environment and depletes as few natural resources as possible.
Knowledge workers
Workers whose responsibilities extend beyond the physical execution of work to include planning, decision making, and problem solving.
Human resource information systems (HRIS)
A computerized system that provides current and accurate data for the purpose of control and decision making.
Workforce (HR) analytics
The process of gathering and analyzing data to improve a firm's Human Resource Management.
Furlough
Asks or requires employees to take time off with no or reduced pay.
Offshoring
Sending jobs to other countries.
Nearshoring
Process of moving jobs closer to one's home country.
Homeshoring
Moving jobs to work from home domestic independent contractors.
Employee leasing
Dismissing employees who are then hired by a leasing company and contracting with that company to lease back employees.
Line managers
Non HR managers who are responsible for overseeing the work of other employees.
Human Resource Planning (HRP)
Process of anticipating and providing for the movement of people into, within, and out of an organization.
Strategic Human Resource Management
Pattern of resource deployments and activities that enable an organization to achieve its strategic goals.
Environmental Scanning
Systematic monitoring of major external forces influencing the organization.
Trend Analysis
Quantitative approach to forecasting labor demand based on an organizational index such as sales.
Management Forecasts
The opinions of supervisors, department managers, experts, or others knowledgeable about the organization's future employment needs.
Staffing Tables
Graph of all organization's jobs, along with the number of employees currently occupying those jobs and future employment requirements.
Markov Analysis
Method for tracking the pattern of employee movements through various jobs in the past years.
Skill inventories
Files of personal education, experience, interest, and skills that allow managers to quickly match job openings with employee backgrounds.
Replacement Charts
Listing of current jobholders and potential replacements if an opening occurs.
Attrition
Natural departure of employees through quits, retirements, and deaths.
Hiring freeze
New workers are not hired as planned or workers who have left the organization are not replaced.
Termination
Practice initiated by an employer to separate an employee from the organization permanently.
Benchmarking
The process of measuring one's own services and practices against recognized leaders to identify areas for improvement.
Balanced score card (BSC)
A measurement framework that helps managers translate strategic goals into operational objectives.
Bona fide occupational requirement (BFOR)
Justifiable business reason for discriminating against a member of a protected class.
Meiorin Test
Standard under which all workplace practices constitute BFORs; test to determine what is considered a BFOR.
Bona Fide Occupational qualification (BFOQ)
Justifiable reason for discrimination based on business reasons of safety or effectiveness.
Pay Equality
Equal pay for equal work.
Pay Equity
Equal pay for work of comparable worth/value.
Designated Groups
Groups identified for affirmative action, including Women, Visible Minorities, Indigenous Peoples, and people with disabilities.
Systematic Discrimination
Barriers that negatively affect employment for visible minority groups.
Reasonable accommodation
Adjustments to employment policies and practices to avoid discrimination.
Sexual Harassment
Unwelcome advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature in the working environment.
Diversity management
Optimization of an organization's multicultural workforce to reach business objectives.
Job
Group of related activities.
Job family
Group of individual jobs with similar characteristics.
Position
Different duties performed by one individual.
Job analysis
Process of obtaining information about jobs by determining duties, tasks, or activities of the job.
Job specification
A statement needed skills, knowledge, and abilities of the person who is to perform the job.
Job Description
Statement of the tasks, duties, and responsibilities of a job to be performed.
Position analysis questionnaire (PAQ)
Questionnaire covering 194 different tasks that uses a 5 point scale to determine the degree to which different tasks involve performing a particular job.
Critical incident method
Job analysis method identifying important tasks for job success.
Task inventory analysis
Organization-specific list of tasks and their descriptions used to identify components of jobs.
Functional job analysis (FJA)
Job analysis approach using an inventory of types of work activities that constitute any job.
Competency-based analysis
Job analysis method that looks at responsibilities and activities of jobs and the worker competencies necessary to accomplish them.
Job design
An outgrowth of job analysis that improves jobs through technological and human considerations.
Job enrichment
Enhancing a job by adding more meaningful tasks and duties.
Job characteristics model
A job design theory identifying psychological states that lead to improved work performance.
Job Crafting
Employees mold their tasks to fit their individual strengths and passions.
Job Carving
Jobs amended by employers to provide opportunities for individuals with disabilities.
Industrial Engineering
A field of study concerned with analyzing work methods and establishing time standards.
Ergonomics
Interdisciplinary approach to designing equipment and systems that can be easily and efficiently used by humans.
Flextime
Flexible working hours that permit employees to choose their starting and quitting times.
Job sharing
Arrangement whereby two part-time employees perform a job that would be held by one full-time employee.
Telecommuting
Use of technology to do work at home that is traditionally done in the workplace.
Recruitment
The process of finding and attracting capable applicants for employment.
Selection
The identification of candidates from a pool of recruits who best meet job requirements.
Recruitment Process Outsourcing (RPO)
Outsourcing an organization's recruiting function to an outside firm.
Branding
Company's efforts to show why it is a desirable place to work.
Internal Recruiting
Identifying talent through performance appraisals and skill inventories.
External Recruiting
Recruiting strategies that reach diversity goals.
Realistic job preview (RPJ)
Informing applicants about all aspects of the job, both desirable and undesirable.
Targeted Recruitment
Recruitment strategies that meet diversity objectives.
Career counselling
The process of discussing with employees their current job activities and career goals.
Mentors
Individuals who coach, advise, and encourage individuals of lesser rank.
Reverse mentoring
Program where younger employees mentor older employees about new trends and technology.
Reliability
Degree to which a test yields comparable data over time.
Validity
Degree to which a test accurately measures information about a person's attributes.
Cover letters and resumes
Low reliability due to subjectivity; can use a 'name blind resume' to reduce bias.
Application forms
High validity tool that collects recent information to assess minimum requirements.
Pre-employment tests
Tests assessing job knowledge, work samples, cognitive abilities, etc.
Criterion Related Validity
Extent to which a selection tool accurately predicts important elements of work behavior.
Content validity
Extent to which a selection instrument samples the knowledge and skills needed for specific tasks.
Construct Validity
Extent to which a selection tool measures a theoretical construct or trait.
Decision Making
Process involving approaches such as clinical, statistical, compensatory, and multiple hurdle models.