The payment employees receive in return for their labor.
What is compensation?
100
A reward in addition to regular compensation that is provided indirectly to employees.
What are benefits?
100
The process of teaching operations and technical employees how to do their present jobs more effectively and efficiently.
What is training?
100
The evaluation of employees' current and potential levels of performance to allow managers to make objective human resources decisions.
What is performance appraisal?
100
Ms. Bogert's first name.
What is Janet?
200
A specific amount of money paid for each hour of work.
What is hourly wage?
200
It covers absences such as vacation time, holidays, and sick leave.
What is pay for time not worked?
200
The process of of preparing managers and other professionals to assume increased responsibility in both present and future positions.
What is development?
200
This is when you use some measurable quantitiy as the basis for assessing performance.
What are Objective Methods?
200
The first place player of our Investopedia game.
Who is Emily?
300
A payment that is a percentage of sales revenue.
What is a commision?
300
This pays medical bills for injuries that occur on the job and provides income for employees who are disabled by job-related injuries.
What is Workers' Compensation Insurance?
300
The trainee learns by doing the work under the supervision of an experienced employee.
What are On-The-Job methods?
300
This is when you judge the effectiveness of an individual employee's performance level. The "rating scale" is the most popular form.
What are Judgmental Methods?
300
Evan's height.
What is 6'4"?
400
The policies and strategies that determine employee compensation.
What is the compensation system?
400
This gives benefits such as retirement income, disability income, Medicare and Medicaid, and death and survivorship benefits.
What is Social Security?
400
The work situation is simulated in a separate area so that learning takes place away from day-to-day pressures of work.
What are Simulations?
400
The information that a manager gives to his/her employee, so they can become a better worker.
What is Performance Feedback?
400
Curly, tangled, and brown/blonde.
What is T.J.'s hair?
500
A concept that seeks equal compensation for jobs requiring about the same level of education, training, and skills.
What is the comparable worth?
500
A compensation plan whereby an employee receives a predetermined amount of benefit dollars to spend on a package of benefits he or she has selected to meet individual needs.
What is the Flexible Benefit Plan?
500
A training/development method that you should know quite well.
What is classroom teaching and lectures?
500
When anonymous reviews are collected about an employee from his/her peers, subordinates, and supervisors, and then compiles these reviews into a feedback report that is given to the employee.