An indirect compensation given to an employee or group of employees as a part of organizational membership

A performance appraisal tool that uses a list of statements or work behaviors that are checked by raters

Ability to learn information or acquire a skill

Intangible, psychological and social effects of compensation

A retirement plan where both employer and employee pay money into the retirement fund

Established a system which provides retirement, survivor’s, disability, and death benefits to qualified individuals

Each employee is paired with every other employee and compared, one at a time, using the same scale for performance

The highest level in Maslow’s hierarchy; the need to fulfill one’s potential, to be the best one can be

The basic monetary compensation that an employee receives, usually as a wage or salary

Provides temporary and partial wage replacement to involuntarily unemployed workers who were recently employed through state and federal payroll taxes

Retirement plans that allow employees and employers to make pre-tax pay deferrals toward retirement savings through a payroll deduction plan

A form of performance appraisal which requires a manager to keep a written record of highly favorable and unfavorable employee actions

believes that employees inherently do not like to work and must be strictly controlled and forced to work

Requires that men and women be paid the same for performing substantially similar jobs with limited non-gender exceptions

Retirement benefits established and funded by employers and employees

The process by which employees accrue non-forfeitable rights over employer contributions that are made to the employee's qualified retirement plan account or stock grant. Usually follows a ‘vesting schedule’.

The process of maintaining or improving EE job performance through the use of performance assessment tools, coaching and counseling as well as providing continuous feedback.

A theory of motivation which states that there are certain factors in the workplace that cause job satisfaction, while a separate set of factors cause dissatisfaction

Requires that compensation changes reflect individual performance differences

A pension plan where benefits are based on an accumulation of annual company contributions, expressed as a percentage of pay, plus interest credited each year

Act that provides individuals and dependents who may lose medical coverage with an opportunity to pay to continue the same coverage
• Former employees are eligible to purchase group insurance at no more than 102% of group insurance premium rate
• Former e

Consists of a series scales, one for each dimension of job performance; typically developed by a committee that includes both subordinates and managers.

This motivation theory assumes that behavior results from conscious choices among alternatives whose purpose it is to maximize pleasure and minimize pain.

Effort = Instrumentality + Valence + Expectancy
(reliable outcome) +(desi

Set the upper and lower bounds of possible compensation for individuals whose jobs fall in a pay grade

Act that made changes to improve health-care coverage portability and accessibility and provide medical record privacy and security
• Allows employees to switch their health insurance plan from one company to another, regardless of pre-existing health con