Compensation & Incentives
This term refers to the total rewards—both monetary and non-monetary—given to employees for their work.
What is compensation?
The regular process of evaluating how well employees meet quality and efficiency standards is known as this.
What is performance evaluation?
The overall physical conditions—including lighting, temperature, and air quality—of a workplace are part of this environment.
What is the work environment?
This term describes the overall mood, values, and behaviors of people working in a company.
What is organizational culture?
This word means including people with different backgrounds, cultures, and ideas in a workplace.
What is diversity?
Direct payments for work, such as regular paychecks, are known as these.
What are salaries and wages?
During reviews, managers look at the quality of work and how well a worker gets along with others. This is called…
What are interpersonal skills?
Making sure a workplace is safe and healthy is not only good practice—it’s a legal…
What is requirement?
Allowing workers time to handle personal tasks helps them keep a healthy balance between work and…
What is life?
This term describes an unfair barrier that stops minority workers from getting top jobs.
What is the glass ceiling?
This pay system rewards workers based on how much (quantity) or how well they work (quality).
What is an incentive system?
A meeting where a manager and worker talk about the worker’s performance and set future goals is called…
What is an evaluation conference?
Supplying protective clothing and equipment in hazardous jobs helps ensure this kind of safety.
What is physical safety?
This federal law requires companies with 50 or more workers to give up to 12 weeks of unpaid leave for family or personal emergencies.
What is the Family and Medical Leave Act?
This important 1964 law makes it illegal to discriminate against people in jobs because of race, color, religion, gender, or national origin.
What is the Civil Rights Act of 1964?
A pay system that gives a fixed salary plus extra money for good performance is called this.
What is a base plus incentive compensation system?
Sometimes, managers also ask these people for feedback about a worker’s performance
Who are co-workers?
A positive, fear-free psychological atmosphere at work is an important part of this work-related environment.
What is the psychological work environment?
Options like flexible hours and working from home are part of what kind of schedule arrangement?
What is work–life flexibility?
Unions and management workers join together to negotiate better pay and working conditions with their employers, it is called…
What is collective bargaining?
On average, benefits add between this percentage range to an employee’s wages.”
What is 20 to 40 percent?
This part of performance reviews involves planning how a worker can do even better next time.
What is performance improvement?
Training employees in proper procedures to avoid accidents is known as this essential safety measure.
What is safety training?
A good company culture is built when managers act in a fair, honest, and respectful way, showing…
What is ethical leadership?
A diverse workplace gives a company a wider range of ideas and knowledge, which helps improve this important process.
What is improved decision-making?