HR Competencies
Societies or groups characterized by complex, usually long-standing networks of relationships; members share a rich history of common experience, so the way they interact and interpret events is often not apparent to outsiders.
What is a High-context cultures
Process of investigating a decision thoroughly before finalizing it to identify all potential factors that could affect the positive and negative impacts of the decision.
What is Due diligence
All financial returns (beyond any tangible benefits payments or services), including salary and allowances.
What is Compensation
Protocol that an organization implements when an identified risk event occurs.
What is a Contingency plan
Societies in which relationships have less history; individuals know each other less well and don’t share a common database of experience, so communication must be very explicit.
What are Low-context cultures
Statement that reports revenues, expenses, and profits for a specified period of time, for example, quarterly or annually.
What is an Income statement
Principle of employment in the U.S. that employers have the right to hire, fire, demote, and promote whomever they choose for any reason unless there is a law or contract to the contrary and that employees have the right to quit a job at any time.
What is Employment at-will
Short but broad statement documenting an organization’s guiding principles and core values about employee compensation.
What is Compensation philosophy
Varying ways an organization can create value, looking beyond traditional profit measures of revenue and expenses; includes such areas as philanthropy, volunteerism, corporate-sponsored community programs, social change, sustainability, corporate governance, employee rights, and workplace safety.
What is Corporate social responsibility (CSR)
Average score or value.
What is Mean
Visualization of the impact of change on productivity. When change is introduced, there is typically a decrease in productivity and then a gradual return to—or, ideally, a surpassing of—previous levels of productivity.
What is the J curve
Conversion of data into a format that protects or hides its natural presentation or intended meaning.
What is Encryption
Clusters of highly interrelated attributes, including knowledge, skills, and abilities (KSAs), that give rise to the behaviors needed to perform a given job effectively.
What are Competencies
Defensive behavior that occurs when an organization recruits a diverse workforce but, consciously or otherwise, promotes assimilation rather than inclusion.
What is Covering
Middle value in a range of values.
What is Median
Right of a legal body to exert authority over a given geographical territory, subject matter, or persons or institutions.
What is Jurisdiction
Business management software, usually a suite of integrated applications, that a company can use to collect, store, manage and interpret data from many business activities.
What is Enterprise resource planning (ERP)
Pay adjustment given to eligible employees regardless of performance or organizational profitability; usually linked to inflation.
What is Cost-of-living adjustment (COLA)
Physical or mental impairment that substantially limits one’s major life activities.
What is Disability
Data-sorting technique in which group members add related ideas and indicate logical connections, eventually grouping similar ideas.
What is Mind mapping
Organization’s debts and other financial obligations.
What are Liabilities
Software and/or hardware that filters incoming and outgoing communication according to preset rules.
What is Firewalls
Activities that focus on preparing employees for future responsibilities while increasing their capacity to perform their current jobs.
What are Developmental activities
Type of discrimination that results when a policy that appears to be neutral has a discriminatory effect; also known as adverse impact.
What is Disparate impact
Value that occurs most frequently in a set of data.
What is Mode