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HR Dictionary

 

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No.
Word
Explanation
1 Labor-management contract Labor-management contract refers to binding agreement governing wages, benefits, representation rights and other working conditions between a labor union and management.
2 Lag strategy Lag strategy refers to organizations that establish their pay rate below the rates offered by other employers to control their costs.
3 Layoff Layoff is a reduction of a company's work force in response to a temporary or long-term business strategy or economic condition.
4 Lead strategy Lead strategy refers to organizations that offer higher wages and better benefits to attract and retain the best people from the labor pool.
5 Leadership Leadership refers to the process, by which an individual determines direction, influences a group and directs the group toward a specific goal or organizational mission.
6 Leadership development Leadership development refers to the formal and informal training and professional development programs designed for all management and executive-level employees to assist them in developing the leadership skills and styles required to deal with a variety of situations.
7 Leafleting Leafleting is a union-organizing strategy in which pamphlets stating the union's case are passed out to employees.
8 Learning curves Learning curves graphically depict individual rates of learning over time.
9 Learning environment Learning environment is the combination of factors that influence the comfort of participants and their receptiveness to training.
10 Learning strategies Learning strategies are designed to maximize the value of training by matching strategies to the topics being taught.
11 Leave sharing Leave sharing is a leave program allowing employees to donate unused sick leave to a coworker who has exhausted all available sick leave and is out due to a long-term illness or injury.
12 Lecture Lecture is a method of training delivery by which an instructor presents material to students.
13 Leniency Leniency errors occur when a performance appraiser gives all employees high scores.
14 Line units Line units are work groups, such as production, that conduct the major business of the organization.
15 Local nationals Local nationals are employees who are hired for jobs in their own countries. Also known as host-country nationals or HCNS.
16 Lockout Lockout refers to installing a lock on an energy-isolating device, disconnect switch, or shutoff valve, so equipment cannot be energized by mistake.
17 Locus of control Locus of control is the degree to which a trainee perceives that training can be implemented successfully on the job without organizational support.
18 Lost workdays Lost workdays refers to the particular number of days an employee is absent from work due to an injury or illness or the number of days which the employee is on restricted duty
19 Lump-sum payment Lump-sum payment is a fixed negotiated payment that is not typically included in an employee’s annual salary; often times given in lieu of pay increases.