Human Resources (HR) Glossary
Business / Human Resources (HR) Glossary
Organizational Display: An organizational display is a detailed graphical or tabular chart, text, spreadsheet or similar presentation of the contractor's organizational structure. It must identify each organization . . . View Full Definition
Organizational Profile: An organizational profile is a depiction of the staffing pattern within an establishment. It is one method contractors use to determine whether barriers to equal employment opportunity exist . . . View Full Definition
Organizational Survey: The process of evaluating and analyzing an organizationís structure and other major components to determine whether they are suitably meeting the organizationís current and future needs.
Organizational Transformation: Refers to organization-wide changes, such as restructuring operations, introducing new technologies, processes, services or products, implementing new programs, re-engineering, etc.
Organizational Unit: An organizational unit is any component that is part of the contractor's corporate structure. In a more traditional organization, it might be a department, division, section, branch or group . . . View Full Definition
Orientation: The introduction of employees to their jobs, co-workers and the organization by providing them with information regarding such items as policies, procedures, company history, goals, culture . . . View Full Definition
Other Eligible Veteran: Other eligible veterans are those individuals who served on active duty in the U.S. military, ground, naval or air service during a war or in a campaign or expedition for which a campaign ba . . . View Full Definition
Outcomes Assessment: A strategy used to evaluate and measure the results of an instructional method or program.
Outplacement: A benefit offered by the employer to displaced employees that may consist of such services as job counseling, training and job-finding assistance.
Outreach Programs: A method of keeping employees informed of company programs and services available to them by utilizing such things as postings, newsletters, memos or meetings.
Outsourcing: A contractual agreement between an employer and an external third-party provider whereby the employer transfers responsibility and management for certain HR, benefit or training-related func . . . View Full Definition
Overtime: In accordance with the Fair Labor Standards Act (FLSA), it is the term used to define work that is performed in excess of 40 hours per week.
Paid Leave Bank: A benefit program granting employees a bank consisting of a specific number of paid days that can be used for absences related to sickness, vacation or personal reasons.
Paid Time Off (PTO): A benefit program granting employees a specific number of vacation or personal days off which that are paid by the employer. The number of days is generally based on the employerís policy fo . . . View Full Definition
Paired Comparison: A form of rating, in which the rater compares, one by one, the performance of each member in a group with the performance of every other member in the group.
Parental Leave: A benefit designed to provide employees with approved paid or unpaid time off following the birth or adoption of a child or to care for a dependent.
Pareto Chart: A bar graph used to rank in order of importance information such as causes or reasons for specific problems, so that measures for process improvement can be established.
Part-Time Employee: An individual who continually works less than 40 hours per week (standard workweek hours are based on individual employer policy, therefore, a 40-hour workweek is only a guideline; this numb . . . View Full Definition
Partial Disability: An illness or injury that prevents an individual from performing one or more functions of his or her job.
Participative Management: A management style, developed by Motorola, that involves employees in the decision-making process.
Paternity Leave: A benefit designed to provide fathers of newborn children with paid or unpaid time off from work following the birth of the child.
Pay Adjustment: Any change made to the pay rate of an employee, such as an increase or decrease to the rate of pay.
Pay Compression: A situation occurring when only a small difference in pay exists between employees, regardless of their knowledge, skills, abilities or experience. Oftentimes, it is the result of a market-r . . . View Full Definition
Pay Grades: A method used to group jobs together that have approximately the same relative internal worth and are paid at the same rate.
Word of the Day:
Income Tax: Common stock with a high dividend yield and few profitable investment opportunities.