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16 terms

chapter 8

STUDY
PLAY
workforce
people who are 16 or olderwho are employed or looking for a job
downsizing
planned reduction in the number of employees needed, reduce costs
outsourcing
removes work from one companyand and sends it to another company that can complete it at a lower cost
job analysis
specific study of a job to identify in detail the job duties and skill requirements
compensation
amount of money paid to an employee for work performed
salary and wages
direct work completed
benefits
compensation in forms other than direct payment
incentive systems
connect the amount of compensation to the quality or quantity of an employees performance
promotion
advancement of an employee to a position with greater responsibility
transfer
assignment of an employee to another jobin the company with a similar level of reponsibility
termination
ends the employment relationship between a company and an employee
organazational culture
the enviroment in which people work, made up of the atmosphere, behaviors, beliefs, and relationships.
work enviroment
physical conditions and the psychological atmosphere in which employees work
labor union
organized group of employees who negotiate with employees about issues
diversity
comprehensive inclusion of people with differences in personal characteristics and attributes
glass ceiling
artificial limit placed on minority groups moving into positions of authority and decision making