Job Design
This aspect of management is part of organisation structure. Individuals carry out activities that lead to the achievement of the organisation’s objectives.
Job Evaluation
Used for compensation planning purposes, it is the process of comparing a job with other jobs in an organisation to determine an appropriate pay rate for the job.
Job Rotation
A reaction against job specialisation. Linked to the Human Relations School.
Key Result Areas
Used to establish standards and objectives, key result areas are the chief tasks of a job identified during the job evaluation process.
KiwiSaver
Work-based savings scheme, governed by the KiwiSaver Act 2006. It is designed to encourage New Zealanders to save for their retirement income.
KPIs
Key Performance Indicators – Tasks that have been agreed between an employee and line manager/HR with an expectation that they will be completed satisfactorily in the time agreed or as an ongoing task.
KSAs
Knowledge, Skills and Abilities – The personal attributes that a person has to have to perform the job requirements.
Labour Force Mobility
The willingness of potential employees to travel or move to where work is offered.
Labour Market
A geographical or occupational area in which factors of supply and demand interact.
Living Wage
A wage that is high enough and sufficient to provide a normal standard of living.
LMS
A Learning Management System (LMS) is a software application used to plan, create, implement, monitor and assess a specific learning process. The type of software is usually used for managing internet education or training courses.
Mentoring
Generally follows the format of generalised advice and guidance of an individual career development. Mentoring is about developing a relationship between a more senior and experience mentor and an inexperienced mentee, to guide and develop the mentee knowledge and career progression.