Human Resources Management (HRM)
Consists of all activities involved with acquiring , developing, and compensating with the people who do the company's work.
Performance feedback gathered from a broad range of people with whom the employee works rather than from just the employee's manager
Employee Assistance Program (EAP)
Provide confidencial personal problem-solving counseling, and support services for employees
Occupational Safety and Health Act (OSHA)
Regulates safety and health conditions in most businesses.
Provides supplement health insurance for retirement-age people as well as others with specified disabilities
Requires employers to provide insurance for death, injury of employees that result from their work.
A state-managed program that provides temporary income to individuals who have been laid off from their jobs.
System of policies and procedures for calculation the wages and salaries in an organization.
Pay plan that provides each employee a small wage or salary and adds incentive pay based on performance.
Minimum Wage Law
Specifies that it is illegal for employers to pay less than an identical wage to any employee.
All forms of compensation and services that a company provides to employees in addition to salaries and wages.
A company sponsored retirement plan that makes regular payments to employees after retirement.
Which pays employees a small percentage of the company's profits at the end of the year.