CH 9 Human Resources

Employees who work for a business.

• workers

• human resources

• employees

• staff

Process of hiring, training, and developing employees.

• human resources management (HRM)

• capital development

• recruiting

• human resources

Process that identifies the job requirements for a position, employee qualifications, and how success will be evaluated.

• job description

• professional development

• job posting

• job analysis

Defines the position and expectations of the job.

• job analysis

• job description

• professional development

• job posting

Payment to an employee for work performed including wages or salaries, incentives, and benefits.

• pay

• income

• compensation

• bonus

Education for people who have already completed their formal schooling and training.

• professional development

• on site training

• apprenticeship

• internship

Fixed payment for work; expressed as an annual figure.

• piecework

• salary

• incentive

• commission

Type of compensation based on performance; also known as pay for performance.

• incentive

• piecework

• bonus

• commission

Money added to an employee’s base pay.

• piecework

• incentive

• commission

• bonus

Income paid as a percentage of sales made by a salesperson.

• salary

• commission

• piecework

• bonus