KEY CONCEPTS IN EMPLOYMENT LAW AND
HUMAN RESOURCES LATEST 2026 STUDY
GUIDE WITH SOLVED QUESTIONS AND EXPERT
SOLUTIONS
◉Age Discrimination in Employment Act (ADEA) . Answer: A labor
law that prohibits age-based discrimination against people 40 years of
age or older.
◉Americans with Disabilities Act (ADA) . Answer: A civil rights law
that prohibits discrimination against people with disabilities.
◉Arbitration . Answer: Settlement of a labor/management dispute by a
third party whose solution is legally binding and enforceable.
◉Benefits . Answer: Forms of compensation provided to employees that
are not part of an employee's wages.
◉Bonuses . Answer: Monetary rewards offered by companies for
exceptional performance as incentives to further increase productivity.
, ◉Boycotts . Answer: An attempt to keep people from purchasing the
products of a company.
◉Collective Bargaining . Answer: The negotiation process through
which management and unions reach an agreement about compensation,
working hours, and working conditions for the bargaining unit.
◉Commission . Answer: An incentive system that pays a fixed amount
or a percentage of the employee's sales.
◉Diversity . Answer: The presence of differences within an organization
based on factors such as race, gender, religion, sexual orientation,
ethnicity, nationality, socioeconomic status, language, abilities, age, or
political beliefs.
◉Equal Pay Act . Answer: A labor law that prohibits wage
discrimination based on sex.
◉Equity . Answer: Providing equal opportunities and fair treatment for
all employees.
◉Human Resource Management (HRM) . Answer: All the activities
involved in determining an organization's human resources needs, as
well as acquiring, training, and compensating people to fill those needs.
HUMAN RESOURCES LATEST 2026 STUDY
GUIDE WITH SOLVED QUESTIONS AND EXPERT
SOLUTIONS
◉Age Discrimination in Employment Act (ADEA) . Answer: A labor
law that prohibits age-based discrimination against people 40 years of
age or older.
◉Americans with Disabilities Act (ADA) . Answer: A civil rights law
that prohibits discrimination against people with disabilities.
◉Arbitration . Answer: Settlement of a labor/management dispute by a
third party whose solution is legally binding and enforceable.
◉Benefits . Answer: Forms of compensation provided to employees that
are not part of an employee's wages.
◉Bonuses . Answer: Monetary rewards offered by companies for
exceptional performance as incentives to further increase productivity.
, ◉Boycotts . Answer: An attempt to keep people from purchasing the
products of a company.
◉Collective Bargaining . Answer: The negotiation process through
which management and unions reach an agreement about compensation,
working hours, and working conditions for the bargaining unit.
◉Commission . Answer: An incentive system that pays a fixed amount
or a percentage of the employee's sales.
◉Diversity . Answer: The presence of differences within an organization
based on factors such as race, gender, religion, sexual orientation,
ethnicity, nationality, socioeconomic status, language, abilities, age, or
political beliefs.
◉Equal Pay Act . Answer: A labor law that prohibits wage
discrimination based on sex.
◉Equity . Answer: Providing equal opportunities and fair treatment for
all employees.
◉Human Resource Management (HRM) . Answer: All the activities
involved in determining an organization's human resources needs, as
well as acquiring, training, and compensating people to fill those needs.
