Forecasting
The attempts to, the attempts to determine the supply of and demand for various types of human resources to predict areas within the organization where there will be labor shortages or surpluses
Trend Analysis
constructing and applying statistical models that predict labor demand for the next year, given relatively objective statistics from the previous year
Leading Indicators
objective measures that accurately predict future labor demand
Transitional Matrix
a chart that lists job categories held in one period and shows the proportion of employees in each of those job categories in a future period. answers "where did people who were in each job category go?" and "where did people now in each job category come
Core Competency
a set of knowledge and skills that make the organization superior to competitors and create value for customers
Downsizing
the planned elimination of large numbers of personnel with the goal of enhancing the organization's competitiveness
Outsourcing
Contracting with another organization to perform a broad set of services
Workforce Utilization Review
a comparison of the proportion of employees in protected groups with the proportion that each group represents in the relevant labor market
Recruiting
any activity carried on by the organization with the primary purpose of identifying and attracting potential employees
Employment at Will
employment principle that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause
Due-Process Policies
policies that formally lay out the steps an employee may take to appeal the employer's decision to terminate that employee
Job Posting
the process of communicating information about a job vacancy on company bulletin boards, in employee publications, on corporate intranets, and anywhere else the organization communicates w/ employees
Direct Applicants
people who apply for a vacancy without prompting from the organization
Referrals
people who apply for a vacancy because someone in the organization prompted them to do so
Nepotism
Favoritism shown to relatives
Yield Ratio
a ratio that expresses the percentage of applicants who successfully move from one stage of the recruitment and selection process to the next
Realistic Job Preview
Background info about a job's positive and negative qualities
Training
An organization's planned efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job.
Instructional Design
a process of systematically developing training to meet specified needs
Learning Management System (LMS)
A computer application that automates the administration, development, and delivery of training programs
Needs Assessment
The process of evaluating the organization, individual employees, and an employees' tasks to determine what kinds of training, if any, are necessary
Organization Analysis
the process for determining the appropriateness of training by evaluating the characteristics of the organization
Person Analysis
a process of determining individuals needs and readiness for training
Task Analysis
The process of identifying the tasks for which employees need to be trained.
Readiness for Training
a combination of employee characteristics and positive work environment that permit training
E-Learning
receiving training via internet or organizations intranet
On-the-job Training (OJT)
Training methods in which a person with job experience and a skill guides trainees in practicing job skills at the workplace
Apprenticeship
A work-study training method that teaches job skills through a combination of on-the-job training and classroom training