FundMgt Final

56 flashcardsby Lexie
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1
What is HRM
management process concerned with getting, training, motivating, and keeping competent employees
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major function groups Employee
planning, adaptation to organization, performance
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Employment Planning
Recruitment & Downsizing• Selection
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Employee Performance
Performance Management • Compensation & Benefits
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Employee Adaption to Organization
Orientation • Training & Development
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monitor and control legal regualtions
Equal Employment Opportunity Commission (EEOC
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Categories of Major HRM Laws
1. Equal Employment Opportunity and Discrimination 2. Compensation/Benefits3. Health/Safety
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Equal Pay Act
Prohibits pay differences for equal work based on gender
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Age Discriminationin Employment Act
Prohibits discrimination against employees 40 years and older
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Civil Rights Act –Title VII
Prohibits discrimination based on race, color, religion, national origin, or gender
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PregnancyDiscrimination Act
Prohibits discrimination on the basis of pregnancy
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Americans with Disabilities Act (ADA)
Prohibits discrimination against individuals who have disabilities or chronic illnesses and requires reasonable accommodations for these individuals
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dscrimination
making distinctions among people
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illegal discrimination
Making distinctions that harm people by inappropriately using a person’s membership in a protected class as a basis for an employment decision
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protected classes
RaceColorReligionNational Origin Age (40 and over) Sex/GenderPregnancy Familial Status Disability Veteran Status
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Disparate (Adverse) Treatment
Intentional discrimination based on membership in a protected class
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Disparate (Adverse) Impact
Unintentional discrimination based on membership in a protected class
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Pattern or Practice
repeated pattern of intentional illegal discrimination
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how to tell if a group is being discriminated against
4/5 rule
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how to calculate 4/5 rule
selected/applied in each nationality, white(4/5), if nomb is less than yes
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reverse discrimination
nonprotected act is under represented
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how to calculate reverse discrimination
6/5 rule
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how to calculate 6/5 rule
selected/applied in each nationality, white(6/5), if other class is more than yes
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A legal defense used when discriminating based on someone’s membership in a protected class.
Bona Fide Occupational Qualification (BFOQ)
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Bona Fide Occupational Qualification (BFOQ)
Considered reasonably necessary to the normal operation of a particular job or business
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Affirmative Action
increase diversity
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Categories of Major HRM Laws
1. Equal Employment Opportunity and Discrimination 2. Compensation/Benefits3. Health/Safety
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Compensation and Benefits Laws include
fair labor standards, WARN, FMLA, Lilly Ledbetter fair pay
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Fair Labor Standards Act
Established minimum wage, overtime pay eligibility, recordkeeping, and child labor standards
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Worker Adjustment and Retraining Notification Act (WARN)
Requires employers with more than 100 employees to provide 60 days notice before a mass layoff or facilityclosing
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Family Medical LeaveAct (FMLA)
Gives employees in organizations with 50 or more employees up to 12 weeks of unpaid leave each year for family or medical reasons
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Lilly Ledbetter Fair Pay Act
Changes the statute of limitation on pay discrimination to 180 days from each pay check
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Health and Safety Laws include
OSHA, COBRA
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Occupational Safetyand Health Act (OSHA)
establishes mandatory health standards in organizations
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Consolidated Omnibus Reconciliation Act (COBRA
Requires continues health coverage following termination (paid by employee)
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The process of locating, identifying, and attracting capable applicants to the organization
recruiting
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the degree to which the selection test measures the same thing consistently
reliability
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the proven relationship between a selection device and some relevant criteria
validity
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Any pre‐employment inquiry including applications and resumes. Every question must be job‐related, any question asked of allemployees
priliminary screening
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Skills tests, cognitive ability tests, personality and interest tests, honesty or integrity tests
written tests
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ensure applicants are capable of performing jobs and include: physical skills tests, physical exams, drug testing
physical testing
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require applicants to perform tasks that mirror the tasks employees perform on the job
Work Samples Test
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Allow candidates to learn about organization and job and allows managers to assess more “rich” information about candidate
selection interview
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interview type ask same questions to every person
structured
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interview type that is open ended and ask what want
unstructured
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Permanent involuntary termination
fire
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Temporary involuntary termination
layoff
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Not filling openings created by voluntary and natural resignationsetirements
attrition
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Moving employees either laterally or downward – fixes internal supply/demand imbalances
transfer
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Employees work fewer hours per week or share jobs
reduced workweek
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Providing incentives to older and more‐senior employees to retire before required to
early retirement
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Two part‐timers share on full‐time job
job sharing
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Introducing a new employee to the job and the organization
orientation
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A learning experience that seeks a relatively permanent change in employees by improving their ability to perform on the job
ee training
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the process of identifying, measuring, managing, and developing the performance of human resources
perf mgt
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How we reward our employees. Should: • Help attract and retain competent and talented individuals• Impact strategic performance• Keep employees motivated
comp and benef
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