The availability of current or potential employees to acquire certain knowledge in
order to receive a pay increase.
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Labor Supply
The process of making sure that individuals with the right skills are where they need to
be, at the right time, to meet a firm's current and future needs.
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Workforce Planning
,The job tasks, duties, and responsibilities that must be done by a person in a job.
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Essential Duties
Exists when the supply of labor is greater than the demand for it (supply>demand).
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Labor Surplus
the percentage of unemployed workers in the total labor force. Workers are
considered unemployed if they currently do not work, despite the fact that they are
able and willing to do so. The total labor force consists of all employed and
unemployed people within an economy.
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Unemployment Rate
A decision not to fill vacant positions that emerge as a result of turnover or other
employee movements in a company.
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, Attrition
Providing employees with higher-level tasks, responsibility, and decision-making in the
performance over their job.
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Empowerment
A motivational model of job design based on five job dimensions and three
psychological states of employees that affect employees' internal motivation and
satisfaction, as well as absenteeism, turnover, and productivity.
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Job Characteristics Model
Using machines to perform tasks that otherwise could be performed by people
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Automation
The voluntary and involuntary termination of employees within an organization.
order to receive a pay increase.
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Labor Supply
The process of making sure that individuals with the right skills are where they need to
be, at the right time, to meet a firm's current and future needs.
Give this one a try later!
Workforce Planning
,The job tasks, duties, and responsibilities that must be done by a person in a job.
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Essential Duties
Exists when the supply of labor is greater than the demand for it (supply>demand).
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Labor Surplus
the percentage of unemployed workers in the total labor force. Workers are
considered unemployed if they currently do not work, despite the fact that they are
able and willing to do so. The total labor force consists of all employed and
unemployed people within an economy.
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Unemployment Rate
A decision not to fill vacant positions that emerge as a result of turnover or other
employee movements in a company.
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, Attrition
Providing employees with higher-level tasks, responsibility, and decision-making in the
performance over their job.
Give this one a try later!
Empowerment
A motivational model of job design based on five job dimensions and three
psychological states of employees that affect employees' internal motivation and
satisfaction, as well as absenteeism, turnover, and productivity.
Give this one a try later!
Job Characteristics Model
Using machines to perform tasks that otherwise could be performed by people
Give this one a try later!
Automation
The voluntary and involuntary termination of employees within an organization.
