403(b) plan
A type of retirement plan that is similar to a 401(k) plan but is specific to employees of tax exempt organizations and other specific individuals. This plan consists of an annuity ...
360 degree feedback
Performance-appraisal data collected from ‘all around’ an employee his or her peers, subordinates, supervisors, and sometimes, from internal and external customers. Its ...
What is Alternative Staffing?
As companies strive to find new and thoughtful ways to manage costs in their organization alternative staffing is a concept that has taken hold with many companies over the last several ...
Collective Bargaining
History of Collective Bargaining
Ever since the birth of the employer-employee relationship, collective bargaining, or the teaming up of employees to negotiate terms with their employers, ...
How to Write a Cover Letter
The process of applying for a job is not just about creating a resume, you also need a cover letter to support it. Your cover letter is the opportunity to go into a bit more detail ...
How to Read a Resume
Employers advertising for new staff are often overwhelmed by the number of resumes they receive. This means that learning how to read a resume quickly in order to see if the candidate ...
layoff
Suspension or termination of employment (with or without notice) by the employer or management. Layoffs are not caused by any fault of the employees but by reasons such as lack of work, ...
Definition of Talent Management
Talent management or human capital management is a set of business practices that manage the planning, acquisition, development, retention and growth of talent in order to achieve business ...
Lockouts
Lockout means temporary shutdown of the factory by the employer, but not winding up (permanent) of the factory. Lockout of the factory maybe happened due to the failure in the management ...
HRM in France
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Brunstein (1995) characterized French firms as hierarchical and Tayloristic with elitist “grandes ecoles” ...
