REVISION (LESSON 27-35)
KEY TERMS
Job Evaluation: Job
evaluation means systematically determining relative worth of jobs to
create job structure.
Point Method: Raters
assign numerical values to specific job components, and the sum of
these values provides a quantitative assessment of a job’s
relative worth.
Classification Method:
A job evaluation method by which a number of
classes or grades are defined
to describe a group of jobs is known as Classification method.
Ranking Method: Raters
examine the description of each job being evaluated and arrange the
jobs in order according to their value to the company.
EAPs: Specific
programs designed to help employees with personal problems.
Positive Reinforcement:
Applying a valued consequence that increases the
likelihood that the person
will repeat the behavior that led to it is termed as positive
reinforcement.
Punishment: Punishment
means administering an aversive consequence.
Merit Pay: A pay
increase given to employees based on their level of performance as
indicated in the appraisal.
Equity: Workers’
perceptions that they are being treated fairly. Compensation must be
fair to all parties concerned and be perceived as fair
External Equity:
Exists when a firm’s employees are paid comparably to workers who perform
similar jobs in other firms.
Internal Equity:
Exists when employees are paid according to the relative value of their jobs
within an organization.
Compensation: The
total of all rewards provided employees in return for their services.
Job Pricing: Job
pricing means placing a dollar value on the worth of a job.
Flextime: The practice
of permitting employees to choose, with certain limitations, their
own working hours.
Capitation: Typically,
the reimbursement method used by primary care physicians is an
approach to health care where providers negotiate a rate for
health care for a
covered life over a period of time.
Disability protection:
Workers’ compensation protects employees from job-related accidents and
illnesses. Some firms, however, provide additional protection
that is more
comprehensive.
(ESOP): A defined
contribution plan in which a firm contributes stock shares to a
trust.
Gain sharing: Plans
that are designed to bind employees to the firm’s performance by
providing an incentive payment based on improved company
performance
Scanlon plan: Provides
a financial reward to employees for savings in labor costs that result
from their suggestions.
Telecommuting:
Telecommuting is a work arrangement whereby employees are able to remain
at home, or otherwise away from the office, and perform their
work over
telephone lines tied to a computer
Autonomy: The extent
of individual freedom and discretion employees have in
performing their jobs.
Pay for Performance
Pay for performance refers to any compensation method that ties pay to the
quantity or quality of work the person produces
Empowerment
Empowerment means giving employees the authority, tools, and information
they need to do their jobs with greater autonomy
Extinction withdrawing
or failing or failing to provide a reinforcing consequence.
Punishment
Administering an aversive consequence.
Positive Reinforcement
applying a valued consequence that increases the
likelihood that the person
will repeat the behavior that led to it.
Motivation Motivation
is the inner drive that directs a person’s behavior toward goals.
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Safety Involves
protecting employees from injuries due to work-related accidents.
Health Refers to the
employees’ freedom from physical or emotional illness.
Safety Involves
protecting employees from injuries due to work-related accidents.
Health Refers to the
employees’ freedom from physical or emotional illness.
Stress Stress is the
body’s nonspecific reaction to any demand made on it.
Burnout The total
depletion of physical and mental resources caused by excessive
striving to reach an unrealistic work-related goal.
Hypnosis An altered
state of consciousness that is artificially induced and characterized
by increased receptiveness to suggestions.
Constraints
Constraints are barriers that keep us from doing what we desire.
Demands desires that
are backed by the purchasing power or affordability.
Biofeedback A method
of learning to control involuntary bodily processes, such as blood
pressure or heart rate.
Transcendental Meditation
A stress-reduction technique in which an
individual, comfortably seated,
mentally repeats a secret word or phrase provided by a trained
instructor.
Burnout: An
incapacitating condition in which individuals lose a sense of the basic
purpose and fulfillment of their work
Communication Exchange
of information between people; it occurs when one person
understands the meaning of a message sent by another person, and
responds
to it.
Noise All factors that
interfere with and distort communication.
Encoding Process by
which sender puts a message in a certain format to send to the
receiver.
Feedback Information
about some behavior and its effect.
Decoding Process by
which the receiver translates the sender's message into an
understandable form.
Grievance procedure A
formal, systematic process that permits employees to complain about
matters affecting them and their work.
Collective bargaining
The process through which representatives of management and the union
meet to negotiate a labor agreement
Mediation A process
whereby a neutral third party enters a labor dispute when a
bargaining impasse has occurred.
Boycotts An agreement
by union members to refuse to use or buy the firm’s products.
Arbitration The
process that allows the parties to submit their dispute to an impartial third
party for resolution.
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