Business Set

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1.

401K Plan

company sponsored retirement plan in which employees may choose to have a percentage of their pay contributed to alternative investment plans selected by the employer one who gives direct, clear, and precise orders with detail instructions as to what, when, and how work is to be done 1946-64 birth years 1965-early 80s birth years

20.

Glass Ceiling

invisible barrier to job advancement (effects women, minorities who haven't received higher education; not white males) how well people get along with each other when working all activities involved with acquiring, developing, and compensating the people who do the companies work implementing; helping employees work effectively, given to people because others identify with and want to be accepted by them (Individual Retirement Account) retirement plan that is not company sponsored where employees contribute a percentage of their pay, up to a specified limit, in any investment plan of their choice list of basic tasks that make up a job allows 2 people to share 1 full-time job, each person works half the time either alternate days of week list of qualifications a worker needs to do that job most people 16+ who are available to work, wether employed or not percentage of the work force that is either employed or actively seeking employment temporary or permeant reduction in number of employees because of change in business conditions manager who has earned respect, and corporation of employees to effectively get the job done ability to influence individuals and groups to achieve organizational goals the general way a manager treats and directs employees (4 powers) process of accomplishing the goals of an organization through the effective use or people and other resources (money,buildings,equipment,raw materials) person who completes all 4 management functions (iPoc) on a regular basis and has authority over other jobs and people

21.

Human Relations Human Resources Management (HRM) i (ipoc) Identity Power IRA Plan

2.

Autocratic Leader Baby Boomers Baby Boomlets (bust) Bonus

22.

3. 4.

23.

24.

5.

money paid at the end of a specific but long period of time (3,6,or 12 months) for performance that exceeds the expected standard for that time controlling; evaluating results to determine if the companies objectives have been accomplished as planned a pay plan that provides each employee a small wage/salary and adds incentive pay based on the persons performance pays employees a percentage of the volume of sales for which they are responsible. Provides a direct intensive to employees because their efforts directly determine their pay the pay and other benefits employees receive in exchange for their labor One who encourages workers to share in making decisions about work-related problems the release of an employee from the company do to inappropriate behavior (fired) All forms of compensations and services the company provides to employees in addition to salary/wages (20-40% wages as benefits) the rate at which people enter and leave employment in a business during a year top level manager, whose spends most or all their time on management functions power given to people that are considered to be the most knowledgeable lets employees choose their own work hours within specified limits colder northern half of the country 1998-Today 1980-1990

25.

6.

C (ipoc)

26.

7.

Combination Plan Commission Plan

Job Description Job Sharing

27.

8.

28.

Job Specification Labor Force Labor Participation Rate Layoff

29.

9.

Compensation Democratic Leader Discharge Employee Benefits Employee Turnover Executives Expert Power Flex Time Frost Belt Gen. Y Generation X

30.

10.

31.

11.

32.

Leader

12.

33.

Leadership Leadership Style Management

13.

34.

14.

35.

15.

16.

36.

Manager

17. 18. 19.

37.

MidManagements

a manager who completes all the management functions, but spends more time on 1 of the functions, or is responsible for specific part of the company's operations 1990-1997 organizing; determining how plans can most effectively be accomplished; arranging resources to complete work One gives little or no direction to employees (only there when needed) planning; analyzing information and making decisions about what needs to be done company sponsored retirement plan that makes regular payments to employees after retirement. the company puts a percentage of employees salaries into a pension fund which are invested in earnings or used to make pension payments to retired employees. Pays employee a fixed rate for each unit produced comes from the position the manager holds and organization ability to control behavior benefit plan that pays employees a small percentage of companies profits at the end of the year. encourages employees to do things that increase company profits in-order to obtain the benefit advancement of an employee within a company to a position with more authority and responsibility. Usually includes pay increase and may include greater prestige and benefits based on the ability to control resources, rewards, and punishments north-central and north-eastern states where major manufacturing centers were one dominate pay based on time frame (other than hourly) such as weekly or monthly. Most often is pay to executive, supervisors, professions. One who understands employees, and job requirements, that matches actions and decisions to the circumstances inability of workers to move up from low paying jobs; requiring little skill and education (straight out of high school; server,sale clerk, nurses aid) warmer southern half of country

54.

Supervisors Time Plan

manager whose main job to direct the work of employees (beginning level of management) (the most common payment method) employees are paid a certain amount for specified period of time worked the assignment of an employee to another job in the company that in general involves the same level of responsibility and authority as the persons current work. pay based on hourly rate people 75+ years regulations created to maintain an effective working environment in a business

55.

38. 39.

New Gen. O (ipoc)

56.

Transfer

40.

Open Leader P (ipoc)

57. 58. 59.

Wage whoopies Work Rules

41.

42.

Pension Plan

43.

Piece-Rate Plan Position Power Power ProfitSharing Plan

44.

45. 46.

47.

Promotion

48.

Reward Power Rust Belt

49.

50.

Salary

51.

Situational Leader Sticky Floor Syndrom

52.

53.

Sun Belt