Job ranking | | Job evaluation method that involves establishing a hierarchy of jobs from lowest to highest based on each job's overall value to the organization. |
Job rotation | | Written statements of the minimum qualifications for the job incumbent. |
Job specifications | | Training provided to employees at the work site utilizing demonstration and performance of job tasks. |
Job-content-based job evaluation | | People who learn best through a hands-on approach; also called tactile learners. |
Kinesthetic learners | | Organization characterized by a capability to adapt to changes in environment. |
Lagging indicator | | Beliefs and principles defined by an organization to direct and govern its employees' behavior. |
Leader development | | Concise outline of an organization's strategy, specifying the activities it intends to pursue and the course its management has charted for the future. |
Leading indicator | | One-time payment made to an employee; also called performance bonus. |
Learning management system (LMS) | | Job evaluation method in which the relative worth and pay structure of different jobs are based on their market value or the going rate in the marketplace. |
Learning organization | | Type of metric describing an activity that can change future performance and predict success in the achievement of strategic goals. |
Lump-sum increase (LSI) | | Movement between different jobs. |
Market-based job evaluation | | Type of metric describing an activity or change in performance that has already occurred. |
Merit pay | | Acquisition and/or transfer of knowledge within an organization through activities or processes that may occur at several organizational levels; ability of an organization to learn from its mistakes and adjust its strategy accordingly. |
Mission statement | | Job evaluation method in which the relative worth and pay structure of different jobs are based on an assessment of their content and their relationship to other jobs within the organization. |
On-the-job training (OJT) | | Training and professional development programs targeted at assisting management- and executive-level employees in developing the skills, abilities, and flexibility required to deal with a variety of situations. |
Organizational learning | | Job evaluation method in which each job is compared with every other job being evaluated; the job with the largest number of “greater than” rankings is the highest-ranked job, etc. |
Organizational values | | System that holds course content information and has the capability of tracking and managing employee course registrations, career development, and other employee development activities. |
Paired-comparison method | | Situation where an individual's performance on the job is the basis for the amount and timing of pay increases; also called performance-based pay or pay for performance. |