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Social Security Social Security provides old-age insurance, unemployment insurance, survivors' insurance, disability insurance, hospital insurance and supplementary medical insurance. Social Security retirement benefits are free from federal tax and free from state tax in some states. Full benefits begin at age 65 or a reduced benefit at 62. B...

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Introduction Organizations have discretion in deciding how to pay. Each employee’s pay is based upon individual performance, profits, seniority, or other factors. Regardless of cost differences, different pay programs can have different consequences for productivity and return on investment. Pay plans used to energize, direct, or control emplo...

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Developing Pay Levels Pay structure - relative pay of different jobs (job structure) & how much they are paid (pay level). Pay level - average pay, including wages, salaries & bonuses. Job structure - relative pay of jobs (range of pay often expressed by salary grades). Pay policies are attached to jobs, not individuals. 2 components of labor ...

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Managing Involuntary Turnover Employment-at-will doctrine - in the absence of a specific contract, either an employer or employee could sever the employment relationship at any time. Violence in the workplace caused by involuntary turnover has become a major organizational problem. A standardized, systematic approach to discipline and discharge ...

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Employee Development Approaches Formal Education Assessments Personality Tests and inventories such as Myers-Briggs, etc. Performance appraisals Upward feedback 360-Degree Feedback Systems Job Experiences Interpersonal Relationships

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Competency Model Competencies are sets of skills, knowledge, abilities and personal characteristics that enable employees to successfully perform their jobs. A competency model identifies competencies necessary for each model and provides descriptions common for an entire occupation, organization, job family or specific job, useful for recruiting...

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Distance learning, teleconferencing & webcasting Audiovisual techniques Mobile technology Hands-on Methods On-the-job training, apprenticeships and internships Self-directed learning Simulations, avatars Business games and case studies Behavior modeling E-learning Social media Blended learning Learning management system (LMS) Group or...

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Legality All selection methods must conform to existing laws and legal precedents. Three acts form the basis for a majority of suits filed by job applicants: Civil Rights Act of 1991 and 1964 Age Discrimination in Employment Act of 1967 Americans with Disabilities Act of 1991

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Forecasting Stage of HR Planning Determine Labor Demand derived from product/service demanded external in nature Determine Labor Supply Internal movements caused by transfers, promotions, turnover, retirements, etc. transitional matrices identify employee movements in different job categories over time to chart historical trends in company’s ...

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Functional functional departmentalization high level of centralization high efficiency inflexible insensitive to subtle differences across products, regions and clients Divisional workflow departmentalization low level of centralization semi-autonomous flexible and innovative sensitive to subtle differences across products, regions and c...

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