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Wednesday, September 8, 2010

HR TERMS - ALPHABET T

ALPHABET "T"

Tangible rewards - Rewards which can be physically touched or held (i.e. a gift certificate, gifts in the form of merchandise, or a savings bond.)

Theory X & theory Y - Two conflicting assumptions which are behind thinking on human nature and human behavior as related to the employee and the workplace.

360-degree feedback - An appraisal process whereby an individual is rated on their performance by people who know something about their work. This can include direct reports, peers, managers, customers or clients; in fact anybody who is credible to the individual and is familiar with their work can be included in the feedback process. The individual usually completes a self-assessment exercise on their performance, which is also used in the process.

Total Remuneration - The complete pay package awarded employees on an annual basis, including all forms of money, benefits, services, and in-kind payments.

Training and development - A process dealing primarily with transferring or obtaining knowledge, attitudes and skills needed to carry out a specific activity or task.

Training Needs Analysis - A method of analyzing how employee skill deficits can be addressed through current or future training and professional development programs, as well as determining the types of training/development programs required, and how to priorities training/development.

Turnover - Describes changes in the work force resulting from voluntary or involuntary resignations.

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