Employee benefits, often referred to as fringe benefits, are non-wage compensations provided to employees in addition to their normal salaries or wages. These benefits are key components of comprehensive compensation packages, aimed at attracting, motivating, and retaining employees.
Human resources refer to the personnel pool available to an organization. They are considered the most crucial resources within any organization, ensuring that the right number and kind of people are available at the right time and place to meet organizational needs.
Job analysis is the process of organizational analysis of a job to determine the responsibilities inherent in the position as well as the qualifications needed to fulfill its responsibilities. It is essential when recruiting to locate an individual having the requisite capabilities and education.
Job classification is a method of categorizing jobs into ranks or classes for the purposes of work comparison and wage comparability. It helps organizations systematically ensure equitable and competitive employee compensation.
A systematic method of determining the relative worth of jobs in an organization. Job evaluation is important when an organization seeks to establish relative pay levels for job classifications based upon an equitable ranking of job importance and responsibilities.
Latitude refers to the ability to exercise judgment within a range of authority without outside interference. Commonly applied in corporate and managerial contexts, it allows individuals such as supervisors to make autonomous decisions based on their judgment.
A detailed examination of the term 'malingerer,' which refers to an employee who pretends to be ill to avoid work responsibilities.
Planned, systematic process using behavioral science principles and practices to improve organizational functioning.
Overtime refers to the time worked by employees beyond their agreed normal working hours. For hourly or nonexempt employees, overtime is typically compensated at a higher rate, often one and one-half times their regular pay, for hours worked over 40 in a standard workweek.
Personnel Administration, now commonly referred to as Human Resources (HR) Administration or HR Management, involves the study and practice of managing an organization's human resources.
Severance benefits are stipulated funds or compensation provided to employees who are terminated or laid off from a company.
