HR deficit means that forecasted HR demand requirements cannot be satisfied solely by use of the current internal workforce supply of employees. It occurs when demand for HR exceeds the current personnel resources available in the organization’s workforce (HR internal supply).
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- Maintenance or hygiene factor
Maintenance or hygiene factor is those job factors that prevent dissatisfaction but do not generate satisfaction or motivate workers to greater effort.
- Factor Comparison Method
Factor Comparison Method is a refinement of the ranking method. It is a widely used method of ranking jobs according to a variety of skill and difficulty factors...
- Blind ad
Blind ad is a job advertisement placed in a newspaper, trade journal/publication, magazine or Internet job board that contains no identifying information about the employer placing the ad.
- National Labor Relations Act (Wagner Act) of 1935
National Labor Relations Act (Wagner Act) of 1935 means prohibits management from interfering with attempting to influence, or punishing employee’s union organizing activities: requires management to bargain in good faith: establishes the 5-member National Labor Relations Board to supervise employee elections for union representation, and to prevent and remedy unfair labor practices by either employers or unions.
- Health savings accounts (HSA)
Health savings accounts (HSA) is a tax-free account that can be used by employees to pay for qualified medical expenses. Contributions do not have to be spent the year they are deposited.
Volunteerism refers to organizational support, often in the form of paid leave or sponsorship, for employees pursuing volunteer opportunities or performing community services.
- Career path
Career path is the progression of jobs in an organization’s specific occupational fields ranked from lowest to highest in the hierarchal structure.