BUS 1-3 Vocab Review

The shared beliefs, values, goals, attitudes, and behaviors of a company’s employees.

• Onboarding

• Human Resource

• Company Values

• Company Culture

What a company believes, its business practices around how teammates treat one another, and how the company treats its customers.

• Staffing

• Company Values

• Company Culture

• Professional Development

The total cash and benefits that an employee receives in exchange for their work performed for the organization.

• Compensation

• Training

• Orientation

• Recruiting

A conversation a company has with an employee who is leaving the company, to find out the reason for the decision, and to use this information future improvement.

• Onboarding

• Recruiting

• Exit Interviews

• Training

Refers to the people who work in an organization, and the group that staffs the organization, maintains personnel records, and administers benefits like medical insurance.

• Job Description

• Training

• Professional Development

• Human Resources

Explanations and expectations of the duties and responsibilities of a job.

• Compensation

• Job Description

• Professional Development

• Orientation

A strategic plan and process for new employees to learn the company’s culture, mission, vision, systems, processes, goals and expectations, and become contributing members of the team.

• Training

• Recruiting

• Onboarding

• Job Description

A process in which new hires are introduced to a company, their fellow employees, and the work environment.

• Orientation

• Professional Development

• Training

• Exit Interviews

Ongoing training and education that an individual takes to enhance or improve the skills or traits necessary to excel in their career/profession.

• Orientation

• Professional Development

• Training

• Exit Interviews

The active searching for the appropriate candidates to fill open positions within an organization.

• Orientation

• Professional Development

• Training

• Recruiting