The absence rate measures the frequency of employees failing to report to work when they are scheduled. Rates above 5 percent are typically considered high, indicating potential issues within the workforce or workplace environment.
A comprehensive breakdown of the term 'clock card,' its uses, examples, related terms, and guidance for further study.
Dehiring refers to the process of laying off, firing, or rejecting a previous hiring decision. It involves retracting the employment of an individual or group of employees after they have been hired.
Financial incentives offered to key staff to persuade them to remain with an organization.
A job bank is a data repository that contains job listings categorized by various criteria, typically hosted on a computer. It is commonly used by employment agencies and large organizations to enhance job-seeking and hiring processes.
The concept of job sharing involves dividing the responsibilities and hours of one job between two people. It serves as a strategic alternative to layoffs, providing each employee with part-time work during challenging economic conditions.
Labor piracy refers to the act of attracting workers away from a firm through inducements, often involving offering highly attractive employment opportunities to employees who are in great demand.
A leave of absence refers to a formally approved period during which an employee is permitted to take time off work without losing their job seniority or associated perks. It is often granted for specific purposes such as education, research, maternity/paternity leave, or personal health.
A lockout is a management action that prevents employees from performing work in the organization until a labor settlement is reached, physically barring them from entering the workplace.
Mandatory retirement, also known as compulsory retirement, refers to a policy or practice that requires employees to retire at a certain age—typically established by an organization or governmental policy.
A term used to describe processes or organizations that require a significant amount of human labor to complete tasks, as opposed to being easily automated. Examples include hospitals and customer service centers.
The Personnel Department, now commonly known as the Human Resources (HR) Department, is an organizational unit responsible for the administration of personnel policies and ensuring legal and proactive implementation of these policies.
Premium pay refers to special pay rates provided to employees for working during weekends, holidays, late shifts, or engaging in hazardous work. Also known as penalty pay, it serves as an incentive for employees to work during less desirable times or in high-risk occupations.
A Professional Employer Organization (PEO) provides comprehensive HR solutions for small and mid-sized businesses, including payroll, benefits, regulatory compliance, and HR management.
The process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees for an organization. Recruitment is essential for sustaining an organization's workforce and ensuring its growth and development.
A rotating shift is a type of work schedule that continually changes the hours of work at predefined intervals. This schedule ensures that work is conducted around the clock, often involving different employees working various shifts over a certain period.
Extra compensation paid as inducement to accept shift work, especially during evening and midnight hours.
A timekeeper is responsible for recording and monitoring the working hours of employees, ensuring accurate time records for payroll and compliance.
Two-Tier Wage Plans involve union wage concessions that allow new employees to be paid a lower rate than veteran employees, aiming to enable companies to compete more effectively.
Underpay refers to a scenario in which individuals receive wages that are considered insufficient or below the market value for the job or procedure they perform. This can be due to several factors, including market dynamics, organizational policies, or perceived worth.
A wage scale is a structured framework outlining the wage rate for each employee in a department, division, or company, taking into account the type of job, its duties, responsibilities, and the general labor market.
Workload refers to the measure of the amount and types of work performed by an individual within a given period of time. It encompasses both quantitative and qualitative aspects, assessing not only the total work executed but also the individual's perception of their capability to handle it.
