Human Resources Management (DECA) Exam Study Guide with Complete Solutions

Human Resources Management (DECA) Exam Study Guide with Complete Solutions Absence - Correct Answer Time off when an employee is not at work during their normal work period. Can be scheduled or unscheduled. Base Salary - Correct Answer a fixed amount of money paid to an employee by an employer in return for work performed. Base salary does not include benefits, bonuses or any other potential compensation from an employer. Benchmark Job - Correct Answer A job commonly found in the workforce for which pay and other relevant data are readily available. used to make pay comparisons and job evaluations. Benefits - Correct Answer a form of compensation above the amount of pay specified as a base salary or hourly rate of pay. Also a portion of a total compensation package for employees. Bonus - Correct Answer Compensation above and beyond that defined by a base salary our hourly wage. Bumping - Correct Answer Giving long-standing employees, whose positions are to be eliminated, the option of taking other positions within the company that they are qualified for and that are currently held by employees with less seniority. Buyout - Correct Answer An offer made by a company to its employees, often including a severance package, in exchange for leaving the company. Coaching - Correct Answer The first step in any effort to improve employee performance is counseling or _____. Counseling or ______ is part of the day-to-day interaction between a supervisor and an employee. _____ provides positive feedback about employee contributions and helps improve performance. COBRA - Correct Answer ____