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HR Glossary
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #
 
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Balance-sheet approach: An approach to international compensation that provides international employees with a compensation package that equalizes cost differences between the international assignment and the same assignment in the home country of the individual or the corporation.
 
Bargaining unit: All employees eligible to select a single union to represent and bargain collectively for them.
 
Base pay: The basic compensation an employee receives, usually as a wage or salary.
 
Behavior modeling: Copying someone else’s behavior.
 
Behavioral description interview: Interview in which applicants give specific examples of how they have performed or handled problems in the past.
 
Behavioral rating approach: Assesses an employee’s behaviors instead of other characteristics.
 
Behaviorally experienced training: Training methods that deal less with physical skills than with attitudes, perceptions, and interpersonal issues.
 
Benchmark job: Job found in many organizations and performed by several individuals who have similar duties that are relatively stable and require similar KSAs.
 
Benchmarking: Comparing specific measures of performance against data on those measures in other “best practices” organizations.
 
Benefit: An indirect reward given to an employee or group of employees as a part of organizational membership.
 
Bona fide occupational qualification (BFOQ): A characteristic providing a legitimate reason why an employer can exclude persons on otherwise illegal bases of consideration.
 
Bonus: A one-time payment that does not become part of the employee’s base pay.
 
Broadbanding: Practice of using fewer pay grades having broader ranges than traditional compensation systems.
 
Business agent: A full-time union official employed by the union to operate the union office and assist union members.
 
Business necessity: A practice necessary for safe and efficient organizational operations.
 
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"Don’t forget until too late that the business of life is not business, but living."
B.C. Forbes
Health maintenance organization (HMO)
Managed care plan that provides services for a fixed period on a prepaid basis.