Under FMLA statutes, it is defined as a salaried employee who is among the highest-paid 10% of all workers employed by the employer within a 75- mile radius. Under ERISA, it is defined as a plan participant who is a highly compensated officer or company owner.
Key employee
___________ are quantifiable, specific measures of an organization’s performance in a certain area(s) of its business. . The purpose of it is to provide the company with quantifiable measurements of things it has determined are important to the organizational or business long-term goals and critical success factors . Once uncovered and properly analyzed, it can be used to understand and improve organizational performance and overall success. Also referred to as Key success indicators.
Key performance indicators (KPI)
Used to establish standards and objectives, key results areas are the chief tasks of a job identified during the job evaluation process.
Key result areas
The parts of an organization’s intangible assets that relate specifically to knowledge, expertise, information, ideas, best practices, intellectual property and other capabilities.
Knowledge assets
A salary differentiation system that bases compensation on an individual’s education, experience, knowledge, skills or specialized training. Also referred to as a skill-based pay.
Knowledge-based pay
The individuals who facilitates the creation, sharing and use of knowledge in an organization by linking individuals with providers.
Knowledge broker
It is broadly defined as the assimilation, extraction, transformation and loading of information from disparate systems into a single more unified, consistent and accurate data store used for evaluating, manipulating and reporting information.
Knowledge Integration
The process of creating, acquiring, sharing and managing knowledge to augment individual and organizational performance.
Knowledge management
A process used to create a summation of the knowledge and organization will need in order to support its overall goals, objectives, strategies and missions.
Knowledge mapping
The attributes required to perform a job; generally demonstrated through qualifying experience, education or training.
Knowledge, skills and abilities (KSA’s)
Employee whose job functions are primarily of intellectual nature.
Knowledge worker
It is a statement from the U.S. Department of Labor (DOL) that a particular position at a particular company is “open” because no U.S. workers who satisfy the minimum requirements for the job are available. They are generally designed to assure that the admission of aliens to work in the United States on a permanent or temporary basis will not adversely affect the job opportunities, wages and working conditions of U.S. workers.
Labor certification
The number of employed individuals in the civilian workforce and armed services.
Labor force
Federal and state regulations requiring employers to post in conspicuous places a variety of labor law posters, including, but not limited to, information regarding employers rights under EEO, FMLA, OSHA, ADA, FLSA, as well as other labor laws.
Labor law posting
A binding agreement governing wages, benefits, representation rights and other working conditions between a labor union and management.
Labor-management contract
The correlation between a given output and the percentage of labor time used to produce the output.
Labor productivity
A temporary termination of employees, or the elimination of jobs, during periods of economic downturn or organizational restructuring.
Layoff
The process by which an individual determines direction, influences a group and directs the group towards a specific goal or organizational mission.
Leadership
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.
Leadership development
They are defined, classified, and identified in various ways. Broadly speaking, they are overall patterns that provide direction to learning and teaching. It can also be described as a set of factors, behaviors, and attitudes that facilitate learning for an individual in a particular situation.
Learning Style
Used to define the practice of scheduling leave under FMLA in such a manner that the employee’s leave allowance for two consecutive calendar years is uninterrupted. Typically occurs when an employer uses the calendar-year method for determining the 12-month period under FMLA.
Leave stacking
Defaming or harming an individual’s reputation in writing.
Libel
For purposes of Section 503 of the Rehabilitation Act and ADA, functions that are limited by a person’s disability such as caring for oneself, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning and working.
Life activity
A process that begins with an identifiable work need, and then continues through a sourcing and search strategy, then progresses to a pre-qualification and assessment strategy, and concludes with hire. The cycle repeats itself again with next vacancy.
Life cycle recruitment
