HRM Final Exam

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23 Terms

1
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Direct Financial Compensation Unemployment Insurance

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Base Pay

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Severance Pay

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Pay Leader Spending Account

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Cost of Living Allowances Compensation Statement

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Job Evaluation Stress

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Internal Equity Bargaining

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Golden Parachute of 1935

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Exempt Employees Work Laws

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ESOP

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Employee Benefits Negotiation

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Social Security

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FMLA

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ERISA

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Flexible

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Total

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Functional

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Collective

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Wagner Act

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Right to

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Union Shop

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Mediation

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List and describe each of the four major functions within the Human Resources Department (4 Typed Written Pages)

The Human Resources Department performs four major functions: recruitment and staffing, employee training and development, performance management, and compensation and benefits administration. Each function plays a vital role in managing the organization's workforce effectively.