UPDATE 100% CORRECT
benefit open enrollment - ANSWERS-period for employees to select or
change benefit options
benefits checklist - ANSWERS-guides HR in administering benefits plans and
keeping employees informed
Bennet Amendment - ANSWERS-amendment addressing loopholes in the
Equal Pay Act 1963 and Title VII to enhance protections against wage
discrimination
broadbanding - ANSWERS-pay structure with fewer pay ranges and grades,
offering more flexibility
broker role - ANSWERS-assisting in selecting meaningful benefits and
negotiating costs for employers
Civil Rights Act - ANSWERS-legislation prohibiting discrimination based on
race, color, religion, sex, or national origin in employment practices
clawback provisions - ANSWERS-enforced when performance targets are not
met
clawback bonus - ANSWERS-bonus returned due to unmet performance
targets
,COBRA - ANSWERS-amendment to ERISA allowing employees to stay on
healthcare plans post-employment
common review system - ANSWERS-solves missed deadlines but can burden
organizations and managers with many direct reports
comparison approach - ANSWERS-a performance appraisal method that
ranks employees against each other, often leading to biased assessments
2-tier pay systems - ANSWERS-assigns new hires and tenured employees to
different pay scales based on seniority
360-degree feedback - ANSWERS-evaluation method that gathers feedback
from multiple sources, including the employee, colleagues, clients, and
vendors
absenteeism - ANSWERS-frequent absence from work, often due to illness or
personal reasons
action checklist - ANSWERS-guidelines for establishing and evaluating
incentive pay programs
Affordable Care Act (ACA) - ANSWERS-legislation in 2010 that mandated
healthcare coverage
agency theory - ANSWERS-executives prioritize self-interest over
shareholders
alternative health insurance programs - ANSWERS-developed due to
demand, cost, access, private enterprise, and government regulation
, Americans with Disabilities Act (ADA) - ANSWERS-legislation requiring job
accommodation for individuals with disabilities
base pay - ANSWERS-majority of pay for most incentivized employees
behavioral encouragement plans - ANSWERS-rewarding positive employee
behaviors to drive desired outcomes
behavioral method - ANSWERS-performance appraisal method that
evaluates employees based on their job behaviors, requiring continual
updates to rating scales
compensable factors - ANSWERS-characteristics like working conditions, skill,
and responsibility that determine pay differentials
compensation analysts - ANSWERS-professionals proposing incentive
payments based on profitability
compensation checklist - ANSWERS-tool to establish pay differentials based
on job descriptions
compensation surveys - ANSWERS-systematic data collection on
compensation practices in the market
compensation trends - ANSWERS-patterns in compensation changes within a
geographic market or industry
competency-based pay - ANSWERS-tied to mastering industry-specific skills
and competencies, often following Department of Labor models