Abbreviations
ERISA
Employee Retirement Income Security Act
This act requires that the employer maintain a workplace free of illegal or illicit drug use.
Drug-Free Workplace Act
This theory explores the contrasting belief that managers hold about workers. One type of manager believes in control, and the other type of manager believes in motivation.
McGregor's Theory X & Theory Y
Rewards and penalties designed to discourage key employees from leaving a company.
Golden Handcuffs
A U.S citizen or permanent resident who is assigned to work at a foreign location.
Expatriate
LOTO
Lock-Out, Tag-Out
Strengthens the protections accorded to employees who allege wrongdoing at organizations governed by SEC regulations.
Sarbanes-Oxley Act
This theory believes that satisfiers are factors that motivate people and dissatisfiers are factors that demotivate people. Essentially, what makes people happy is what they do or the way they're utilized, and what makes people unhappy, is the way they're treated.
Herzberg's Motivation-Hygiene Theory
A clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is acquired and the executive's employment is terminated.
Golden Parachute
The designing of a product in such a way that it will meet the needs of users in many countries, or can be easily adapted. An example of this is designing a website so that when it is translated from English to Spanish, the layout still works.
Internationalization
USCIS
United States Customs and Immigration Services
This act's major benefit include retirement, disability, survivorship, and death.
Social Security Act
This theory believes that high achievers set moderately difficult, but potentially achievable goals. They also prefer to address a problem rather than leave the outcome to chance.
McClellands Theory
A severance or an incentive to leave the firm with no fuss or controversy. Generous bonus offered to directors, employees, or partners at termination.
Golden Handshake
Refers to the trust or confidence placed in an HR professional to always act in the best interests of employees and the organization.
Fiduciary duty/responsibility
OFCCP
Office of Federal Contract Compliance Program
An American federal law that regulates the collection, dissemination, and use of consumer credit information.
Fair Credit Reporting Act
This theory suggest that no leadership style is better that the other, and that the best leadership style is dependent on the situation.
Hersey-Blanchard Leadership Theory
Part of the compensation package offered, such as a large bonus or company stock options, seeks to keep executives in their current positions when their company is acquired.
Golden Life Jacket
A profitability ratio showing the percentage of total sales revenue after incurring the direct costs of producing goods and services sold.
Gross Margin
SIMPLE
Saving Investment Match Plans for Employees
This act is often referred to as the Taft-Hartley Act, and it establishes the rights and obligations of employers, employees, and unions with respect to collective bargaining.
The Labor Management Relations Act
This theory is about how we attach meaning to other's behavior, or our own.
Attribution Theory
Also known as a golden handshake. The employee accepts a voluntary separation or retirement proposal.
Golden Boot
The ability to understand and apply information with which to contribute to the organization's strategic plan.
Business Acumen