a benefit program whereby an employer provides or subsidizes temporary care for its employee's elders or children when their regular arrangements fall through
2
New cards
contributory plan
a pension plan in which contributions are made jointly by employees and employers
3
New cards
defined benefit plan
apension plan in which the amount an employee is to receive on retirement is specifically set forth
4
New cards
disease management programs
programs that provide patients and their caregivers with information on monitoring and treating medical conditions, while coordinating communication between them, their health care providers, employers, and insurers
5
New cards
elder care
care provided to an elderly relative by an employee who remains actively at work
6
New cards
employee assistance programs (EAPs)
services provided by employers to help workers cope with a wide variety of problems that interfere with the way they perform their jobs.
7
New cards
flexible benefits plans (cafeteria plans)
benefit plans that enable individual employees to choose the benefits that are best suited to their particular needs
8
New cards
health maintenance organizations (HMOs)
organizations of physicians and health care professionals that provide a wide range of services to subscribers and dependents on a prepaid basis
9
New cards
high-deductible health insurance plan (HDHP)
a medical insurance plan characterized by high deductibles but lower premiums for workers and a health spending account to which employers contribute funds employees can keep should they leave the organization
10
New cards
noncontributory plan
a pension plan in which contributions are made solely by the employer
11
New cards
phased retirement
a program that allows its employees to gradually cut their hours before retiring
12
New cards
preferred provider organization (PPO)
a network of physicians who establish an organization that guarantees lower health care costs to employers and their employees
13
New cards
sabbatical
an extended period of time in which an employee leaves an organization to pursue other activities and later returns to his or her job
14
New cards
severance pay
a one-time payment sometimes given to an employee who is being involuntarily terminated.
15
New cards
supplemental unemployment benefit (SUB)
a plan that enables an employee who is laid off to draw weekly benefits from the employer, which draws from a fund created for this purpose, in addition to state unemployment compensation
16
New cards
vesting
a guarantee of accrued pension benefits to participants at retirement age, regardless of their employment status at that time
17
New cards
wellness programs
employer-sponsored programs designed to encourage employees to maintain and improve their health and well-being by getting regular checkups, eating properly, exercising, and managing their stress levels so as to prevent costly and protracted illnesses
18
New cards
workers' compensation insurance
state-mandated insurance provided to workers to defray the loss of income and cost of treatment due to work-related injuries or illness
19
New cards
augmented skills
skills helpful in facilitating the efforts of expatriate managers
20
New cards
balance sheet approach
a compensation system designed to match the purchasing power in a person's home country
21
New cards
cultural environment
the communications, religion, values and ideologies, education, and social structure of a country
22
New cards
culture shock
perpetual stress experienced by people who settle overseas
23
New cards
economic factors
external factors including the strength or weakness of markets, stability of trade cycles, specific industry conditions, customer preferences, and government's economic policies
24
New cards
expatriates, or home-country nationals
employees from the home country who are on international assignment
25
New cards
failure rates
the percentage of expatriates who do not perform satisfactorily
26
New cards
global compensation system
a centralized pay system whereby host-country employees are offered a full range of training programs, benefits, and pay comparable with a firm's domestic employees but adjusted for local differences
27
New cards
global corporation
a firm that has integrated worldwide operations through a centralized home office
28
New cards
global manager
a firm that has integrated worldwide operations through a centralized home office
29
New cards
guest workers
foreign workers invited to perform needed labor
30
New cards
home-based pay
pay based on an expatriate's home country's compensation practices
31
New cards
host country
a country in which an international corporation operates
32
New cards
host-based pay
expatriate pay comparable to that earned by employees in a host countr
33
New cards
host-country nationals
employees who are natives of the host country
34
New cards
localization
adapting pay and other compensation benefits to match that of a particular country
35
New cards
multidomestic corporation (MDC)
a firm with independent business units operating in multiple countries
36
New cards
political factors
reasons for human migration relating to government, their policies, and wars
37
New cards
repatriation
the process of transition for an employee home from an international assignment
38
New cards
sociocultural factors
external factors including method and style of communications, religions, values and ideologies, education standards, and social structure
39
New cards
split pay
a system whereby expatriates are given a portion of their pay in the local currency to cover their dayto-day expenses and a portion of their pay in their home currency to safeguard their earnings from changes in inflation or foreign exchange rates
40
New cards
technological factors
external factors pertaining to the technological infrastructure and investments, information systems, manufacturing equipment, and consumer access to technology
41
New cards
third-country nationals
employees who are natives of a country other than the home country or the host country.
42
New cards
transnational corporation
a firm that attempts to balance local responsiveness and global scale via a network of specialized operating units
43
New cards
transnational teams
teams composed of members of multiple nationalities working on projects that span multiple countries
44
New cards
work permit or visa
a government document granting a foreign individual the right to seek employment
45
New cards
core skills
skills considered critical to an employee's success abroad.
46
New cards
alternative dispute resolution (ADR)
methods of solving a problem by bringing in an impartial outsider but not using the court system
47
New cards
constructive discharge
a termination of employment brought about by making an employee's working conditions so intolerable that the employee reasonably feels compelled to leave.
48
New cards
discipline
training to improve strength or self-control
49
New cards
due process
fair treatment through the normal judicial system, especially as a citizen's entitlement.
50
New cards
employee rights
free consent, privacy, freedom of conscience, freedom of speech, due process
51
New cards
employment-at-will relationship
the right of an employer to fire an employee without giving a reason and the right of an employee to quit when he or she chooses
52
New cards
ethics
a set of standards of conduct and moral judgments that help to determine right and wrong behavior
53
New cards
impairment testing
also called fitness-for-duty or performance-based testing, it measures whether an employee is alert enough to work
54
New cards
mediation
negotiation to resolve differences conducted by some impartial party
55
New cards
mediator
a neutral third party who facilitates a negotiated solution by using reasoning, persuasion, and suggestions for alternatives
56
New cards
negligence
the failure to provide reasonable care when such failure results in injury to consumers or other employees
57
New cards
ombudsman
a designated individual from whom employees may seek counsel for resolution of their complaints
58
New cards
open-door policy
a policy of settling grievances that identifies various levels of management above the immediate supervisor for employee contact
59
New cards
peer-review system
a system for reviewing employee complaints that utilizes a group composed of equal numbers of employee representatives and management appointees. The group weighs evidence, considers arguments, and, after deliberation, votes to render a final decision
60
New cards
nonpunitive (postive) discipline
discipline without punishment, usually involving a system of oral warnings and paid "decision-making leaves" in lieu of more traditional punishment
61
New cards
progressive discipline
the application of corrective measures by increasing degrees
62
New cards
psychological contract
an unwritten agreement that sets out what management expects from an employee and vice versa
63
New cards
step-review system
a system for reviewing employee complaints and disputes by successively higher levels of management
64
New cards
whistle-blowing
informing the press or government officials about unethical practices within one's organization
65
New cards
wrongful discharge
a legal doctrine that requires employers to have a job-related reason to terminate employees
66
New cards
adverse impact
unintentional discrimination that occurs when members of a particular race, sex, or ethnic group are unintentionally harmed or disadvantaged because they are hired, promoted, or trained (or any other employment decision) at substantially lower rates than others
67
New cards
affirmative action
a policy designed to redress past discrimination against women and minority groups through measures to improve their economic and educational opportunities
68
New cards
bona fide occupational qualification (BFOQ)
a necessary (not merely preferred) qualification for performing a job
69
New cards
business necessity
a defense to allegations of employment discrimination in which the employer demonstrates that an employment practice that discriminates against members of a protected class is related to job performance.
70
New cards
charge form
a discrimination complaint filed with the EEOC by employees or job applicants
71
New cards
chief diversity officer (CDO)
a top executives responsible for implementing a firm's diversity efforts
72
New cards
disabled individual
person who has, or is regarded as having, a physical or mental impairment that substantially limits one or more major life activities, and has a record of such an impairment
73
New cards
disparate treatment
intentional discrimination that occurs when people are purposely not given the same hiring, promotion, or membership opportunities because of their race, color, sex, age, ethnic group, national origin, or religious beliefs
74
New cards
equal employment opportunity
the condition in which all individuals have an equal chance for employment, regardless of their race, color, religion, sex, age, disability, or national origin
75
New cards
Equal Employment Opportunity Commission (EEOC)
a federal agency designed to regulate and enforce the provisions of Title VII
76
New cards
fair employment practices (FEPs)
state and local laws governing equal employment opportunity that are often more comprehensive than federal laws and apply to small employers
77
New cards
four-fifths rule
a rule of thumb followed by the EEOC in determining adverse impact for use in enforcement proceedings
78
New cards
protected classes
groups that employment law protects
79
New cards
reasonable accommodation
an employer's obligation to do something to enable an otherwise qualified person to perform a job
80
New cards
reverse discrimination
using race or sex to give preferential treatment to some people
81
New cards
sexual harassment
comments, gestures, or physical contacts of a sexual nature that are deliberate, repeated, and unwelcome
82
New cards
workforce utilization analysis
the process of comparing the composition by race and sex for jobs within an organization against composition of the employer's relevant labor market.
83
New cards
Uniform Guidelines on Employee Selection Procedures
84
New cards
broadbanding
combining several salary grades or job classifications with narrow pay ranges into one band with a wider salary spread.
85
New cards
compensation scorecard
displays the results for all the measures that a company uses to monitor and compare compensation among internal departments or units
86
New cards
competence-based pay
pay based on skills and increased job knowledge. (also called skilled based or knowledge based pay)
87
New cards
consumer price index (CPI)
a measure of the overall cost of the goods and services bought by a typical consumer
88
New cards
escalator clauses
clauses in labor agreements that provide for quarterly cost-of-living adjustments in wages, basing the adjustments on changes in the consumer price index
89
New cards
exempt employees
managers, outside salespeople, and any other employees not covered by the FLSA requirement for overtime pay
90
New cards
hay profile method
a job evaluation technique using three factors - knowledge, mental activity, and accountability - to evaluate executive and managerial positions
91
New cards
hourly work
work paid on an hourly basis
92
New cards
job classification system
a system of job evaluation in which jobs are classified and grouped according to a series of predetermined wage grades
93
New cards
job evaluation
a process that determines the worth of each job in a company by evaluating the market value of the knowledge, skills, and requirements needed to perform it
94
New cards
job ranking system
the simplest and oldest system of job evaluation by which jobs are arrayed on the basis of their relative worth
95
New cards
nonexempt employees
employees covered by the FLSA requirements for overtime pay
96
New cards
pay equity
equal pay for work of equal value
97
New cards
pay grades
sets of jobs having similar worth or content, grouped together to establish rates of pay
98
New cards
pay rate compression
compression of pay between new and experienced employees caused by the higher starting salaries of new employees; also the differential between hourly workers and their managers
99
New cards
pay-for-performance standard
standard by which managers tie direct compensation to employee or organizational effort and performance
100
New cards
piecework
a compensation system in which employees are paid a set rate for each item they produce