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Wednesday, September 8, 2010

HR TERMS - ALPHABET I

ALPHABET "I"

Incentive pay - Additional compensation used to motivate and to reward employees for exceeding performance or productivity goals.

Independent contractor - A person who works for him/herself but has a contract for services with another person/organisation.

Individual employment agreement - The legal relationship between an employee and employer. See Part 6 of the Employment Relations Act 2000

Induction - The process of introducing a new employee into the organisation.

Industrial relations - The study of theories and practices in the workplace relationship.

Intangible rewards - Non-monetary re-enforcers such as praise given to an employee in recognition of a job well done, or a particular achievement.

International Labour Organisation - An organisation set up by the United Nations to establish, amongst other matters, conventions on practices in the workplace.

Intrinsic reward - A reward given to an employee for achievement of a particular goal, objective or project.

ISO 9000 - Developed by the International Organisation for Standardisation (ISO), it is a set of standards for quality management systems that is accepted around the world. Organisations that conform to these standards can receive ISO 9000 certification. The standard intended for quality management system assessment and registration is ISO 9001. The standards apply uniformly to organisations of any size or description.

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