How to Obtain and Manage Human Resources and Diversity in Small Companies

A series of vocabulary flashcards based on key concepts related to human resource management in small companies.

Human Resource Planning

The process of determining which human resources are needed and developing sources to recruit future employees.

Job Specification

Detailed statements of work assignments and the qualifications needed to perform a job acceptably.

Job Description

Lists the duties and responsibilities of a job, including working conditions and relationships with other jobs.

Employee Development Methods

Approaches to enhance employees' skills and competencies, including training and mentoring.

Internal Sources of Recruitment

Methods of filling positions from within the organization, including upgrading, transferring, and promoting employees.

External Sources of Recruitment

Methods of seeking applicants outside the organization, such as former employees, social networks, and applications.

Recruitment Methods

Strategies to attract applicants, including networking, employment agencies, referrals, and advertising.

Selection Procedure

The process of choosing the best applicant for a job, including gathering information, making a job offer, and orientation.

Equal Employment Opportunity (EEO)

Laws and regulations ensuring no discrimination in hiring based on characteristics such as race, gender, or disability.

Occupational Safety and Health Administration (OSHA)

A federal agency that establishes safety standards to protect workers' health and safety.

Employee Benefits

Rewards and services provided to employees in addition to their regular earnings, including health insurance and retirement plans.

Cafeteria-style Benefit Plan

A flexible benefits plan that allows employees to choose from various options provided by the employer.

Training Results

Outcomes from training that include increased productivity, reduced turnover, and improved employee satisfaction.

On-the-job Training (OJT)

Training method where employees perform the work under supervision, aimed at hands-on experience.

Merit Increases

Salary raises based on employee performance and ability.

Incentive Wage

Extra compensation paid to employees for exceeding production standards.