HR Competencies
Comparing the sizes of two variables to produce an index or percentage; commonly used to analyze financial statements.
What is Ratio analysis
Act of deliberately accessing computer data without permission.
What is Hacking
Activities associated with an employee’s tenure in an organization.
What is the Employee life cycle (ELC)
U.S. act that prevents private employers from requiring applicants or employees to take a polygraph test for pre-employment screening or during the course of employment, with certain exemptions.
What is the Employee Polygraph Protection Act (EPPA)
Ability to create connections or rapport with others.
What is Social intelligence
Extent to which a measurement instrument provides consistent results.
What is Reliability
Systematic and comprehensive evaluation of an organization’s HR policies, practices, procedures, and strategies.
What is HR audit
Instruments that collect and assess information on employees’ attitudes on and perceptions of the work environment or employment conditions.
What are Employee surveys
Voluntary group for employees who share a particular diversity dimension (race, religion, ethnicity, sexual orientation, etc.); also known as affinity group or network group.
What is an Employee resource group (ERG)
Concept that proposes that any organization operates within a complex environment in which it affects and is affected by a variety of forces or stakeholders who all share in the value of the organization and its activities.
What is Stakeholder concept
Type of analysis that starts with a result and then works backward to identify fundamental cause.
What is Root-cause analysis
Information technology framework and tools for gathering, storing, maintaining, retrieving, revising, and reporting HR data.
What is a Human resource information system (HRIS)
Employees’ perceived value of the total rewards and tangible and intangible benefits they receive from the organization as part of employment, which drives unique and compelling organizational strategies for talent acquisition, retention and engagement.
What is the Employee value proposition (EVP)
What is U.S. act that established uniform minimum standards to ensure that employee benefit and pension plans are set up and maintained in a fair and financially sound manner.
What is the Employee Retirement Income Security Act (ERISA)
Distance of any data point from the center of a distribution when data is distributed in a “normal” or expected pattern.
What is Standard deviation
Concept that stipulates that no individual is beyond the reach of the law and that authority is exercised only in accordance with written and publicly disclosed laws.
What is Rule of law
Self-employed individuals hired on a contract basis for specialized services.
What are Independent contractors
Process of positioning an organization as an “employer of choice” in the labor market.
What is Employment branding
Individuals who exchange work for wages or salary; in the U.S., workers who are covered by Fair Labor Standards Act regulations as determined by the IRS.
What are Employees
Extent to which an organization’s agreements, dealings, information, practices, and transactions are open to disclosure and review by relevant persons.
What is Transparency
Statistical method used to test the possible effects of altering the details of a strategy to see if the likely outcome can be improved.
What is Scenario/what-if analysis
Various forms of collective employee actions taken to protest work conditions or employer actions.
What are Industrial actions
Process that involves a systematic survey and interpretation of relevant data to identify external opportunities and threats and to assess how these factors affect the organization currently and how they are likely to affect the organization in the future.
What is Environmental scanning
Type of liability insurance covering an organization against claims by employees, former employees, and employment candidates alleging that their legal rights in the employment relationship have been violated.
What is Employment practices liability insurance (EPLI)
Statistical method that examines data from different points in time to determine if a variance is an isolated event or if it is part of a longer trend.
What is Trend analysis