Human Resource Strategy
Links the entire human resource function with the firm's business strategy.
Business Strategy
Defines how the firm will
... [Show More] compete in its marketplace.
Total Rewards
The sum of all rewards employees receives in exchange for their time, efforts, and performance.
The combined intrinsic and extrinsic rewards of a job.
Employee Handbooks
Print or online materials that document the organization's HRM policies and procedures.
HRM: Human Resource Management
The organizational function responsible for attracting, hiring, developing, rewarding, and retaining talent.
Outsourcing
Hiring an external vendor to do work for the company rather than doing it internally.
Nonfinancial Compensation
Rewards and incentives given to employees that are not financial in nature including intrinsic rewards received from the job itself or from the work environment.
Intrinsic Reward
Non-monetary rewards derived from the work itself.
Competitive Advantage
Doing something differently from the competitor thus leading to outperformance and success.
Talent Philosophy
A system of beliefs about how an organization's employee should be treated.
Shared Service Center
Centralized routine, transaction-based HRM activities.
Professional Employer Organization
A company that leases employees to companies that need them.
Direct Financial Compensation
Compensation received in the form of salary, wages, commissions, stock options, or bonuses.
Virtue Standard
The ethical action is consistent with certain ideal virtues including civility, compassion, benevolence, etc...
Common Good Standard
The ethical action shows respect and compassion for all others, especially the most vulnerable.
Respect and compassion for all
Codes of Conduct
Specifies expected and prohibited actions in the workplace and gives an example of appropriate behavior.
Stakeholder Perspective
Considering the interests and opinions of all people, groups, organizations, or systems that affect or could be affected by the organization's actions.
Performance Culture
Focuses on hiring, retaining, developing, motivating, and making work assignments based on performance data and results.
Organizational Culture
The norms, values, and assumptions of organizational members that guide members' attitudes and behaviors.
High-performance Work System
High involvement or high commitment organizations.
Code of Ethics
A decision-making guide that describes the highest values to which an organization aspires.
Rights Standard
The ethical action is the one that best respects and protects the moral rights of everyone affected by the action.
Corporate Social Responsibility
Businesses showing concern for the common good and valuing human dignity. [Show Less]