Human Resource Management, Teamwork, and Communication

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Description and Tags

A comprehensive vocabulary review deck covering human resource management, recruitment, compensation, labour relations, employee motivation, teamwork, and organizational communication.

50 Terms

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Human Resource Management (HRM)

The organizational function that attracts, develops, and retains employees who can perform the activities needed to meet organizational objectives.

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Human Resource Inventory

A record of an organization's current employees that details characteristics such as age, gender, education, experience, training, and specialized skills.

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Job Description

A document developed through job analysis that specifies the responsibilities, duties, and working conditions of a particular position.

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Job Specification

A statement derived from job analysis that outlines the specific qualifications, skills, education, and experience necessary to perform a job.

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Selection Stage

The phase in human resource management where an employer assesses each applicant to decide who will be offered a position.

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360-Degree Performance Review

A performance appraisal method that gathers feedback from a review panel consisting of co-workers, supervisors, team members, subordinates, and sometimes customers.

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Wage

Employee compensation based on an hourly rate or the specific amount of work accomplished.

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Salary

Employee compensation calculated on a periodic basis, such as weekly, bi-weekly, or monthly.

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Annual Incentive Plan

A pay plan that rewards the accomplishment of specific results, typically tied to expected outcomes identified at the beginning of the performance cycle.

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Discretionary Bonus Plan

An incentive plan in which management determines the size of the bonus pool and the amounts allocated to individuals after a performance period.

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Spot Awards

Incentive compensation that provides recognition for special contributions as they occur for a project or task, generally completed within a short period.

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Profit-Sharing Plan

A compensation plan through which employees share in company profits, typically using a predetermined formula for allocating shares and distributing funds.

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Gain-Sharing Plans

Incentive programs that share the financial results of productivity gains with employees as a group.

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Retention Bonus

A payment or reward outside of regular salary offered to keep a key person on the job during a particularly crucial business cycle.

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Project Bonus

Additional compensation paid to an employee or department for successfully completing a project within a designated time frame.

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Paid Time Off (PTO)

A flexible leave policy that combines holidays, vacation days, sick days, and personal days into a single pool for employees to use as they choose.

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Flextime

A work scheduling program that allows employees to choose their own arrival and departure times within boundaries set by the employer.

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Compressed Workweek

A work arrangement that allows employees to work longer daily hours across fewer total days per week.

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Job Sharing Program

A work arrangement that allows two or more employees to divide up the responsibilities and hours of one full-time job.

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Voluntary Turnover

Separation that occurs when an employee decides to resign on their own, such as to retire, start a business, or accept an offer elsewhere.

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Involuntary Turnover

Separation that occurs when an employer terminates a worker due to poor performance, unethical behaviour, or structural cost-cutting.

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Downsizing

The process of reducing the number of employees within a firm by eliminating jobs.

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Outsourcing

Contracting with outside vendors to perform services or produce goods that were previously handled internally or within the country.

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Morale

The mental attitude and sense of purpose that employees maintain toward their jobs and employer.

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Extrinsic Rewards

External rewards given for doing a job that originate outside of the work itself, including pay, benefits, and praise.

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Intrinsic Rewards

Internal personal feelings of satisfaction and fulfillment directly related to performing the job, such as pride and a sense of achievement.

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Self-Actualization Needs

The highest level in Maslow's hierarchy of needs, involving the fulfillment of one's personal dreams, potential, and capabilities through challenging or creative projects.

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Labour Union

An organized group of workers that forms to achieve common goals in wages, working hours, and workplace conditions.

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Canadian Labour Congress (CLC)

The largest national union organization in Canada, representing approximately 3 million of the nation's 4.6 million unionized workers.

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Labour Relations Boards

A judicial body that oversees applications by worker groups to unionize and regulates organizational conduct during labour disputes.

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Collective Bargaining Process

The process of formal negotiation between union representatives and management over wages, hours, benefits, and workplace conditions.

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Mediation

A process for resolving labour-management disputes in which an impartial third party assists the negotiating parties in reaching an agreement.

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Arbitration

A dispute resolution method where an impartial third party hears both sides and issues a legally binding decision.

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Strike (or Walkout)

A temporary work stoppage by unionized employees designed to pressure management during a contract dispute.

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Picketing

A union protest tactic in which workers march with signs in public areas outside an employer's facility.

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Boycott

An organized campaign to discourage consumers and the general public from purchasing the goods or services of a targeted firm.

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Lockout

A management tactic to put pressure on union members by temporarily shutting down the workplace and refusing to let employees work.

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Employee Empowerment

The practice of giving employees shared authority, responsibility, and decision-making capabilities alongside their managers.

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Employee Share Ownership Plans (ESOP)

Programs in which a company-sponsored trust fund holds shares of company stock for employees, providing an ownership interest that can be cashed in upon leaving or retirement.

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Stock Options

Contracts that grant employees the right to purchase a specific amount of company stock at an established price within a defined time frame.

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Work Teams

Relatively permanent groups of employees with complementary skills who carry out the day-to-day operations and core tasks of an organization.

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Problem-Solving Teams

Temporary groups of knowledge workers assembled to resolve a specific issue or challenge and disbanded after completion.

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Self-Managed Teams

Groups of employees empowered to plan, execute, and make decisions regarding their daily work, frequently cross-trained in each other's roles.

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Cross-Functional Teams

Work teams composed of representatives from different departments or functional areas of an organization, such as finance, production, and marketing.

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Virtual Teams

Groups of geographically or organizationally dispersed individuals who use telecommunication and information technologies to collaborate without frequent in-person meetings.

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Team Cohesiveness

The degree to which members of a team feel committed to the group, identify with its goals, and desire to remain part of it.

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Team Norms

Informal, shared standards of acceptable conduct and core values that guide member behaviour and set operational expectations within a team.

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Cognitive Conflict

A form of team disagreement focused on problem-related differences of opinion that stimulates critical thinking and enhances team performance.

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Affective Conflict

A form of interpersonal conflict characterized by emotional hostility, personal friction, and resentment that damages group cohesiveness and collaboration.

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Grapevine

An unofficial, informal communication network within an organization that spreads information rapidly among employees outside authorized channels.