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Storyboard-Text
Hey mom! Want to know what I learned In class today? The difference and similarities between discharge and layoff!
Hmm, sure! Sounds interesting!!
Discharge is when you are terminated when you have HORRIBLE work behavior! Layoff is temporary or permanent reduction of employees!
Yeah! And the difference is that layoff is not caused my inappropriate behavior
That's so cool!
Actually, Yeah I do! Changes in the economy happen when businesses expand because consumers are buying more products
This means that there is less money for workers which means consumer spending/demand does down and so does economy
When more workers are employed, they have more money to spend. If prices for products go up, consumers will go down.
Well I bet you don't know how economic cycles affect job opportunities
AND... the four broad categories of human resources activities are...
Planning and Staffing, performance management, Compensation/benefits, and Employee Relations!
What are they??? I'm excited!!
The difference between salary/wages and benefits is that salary is a payment of a specific amount of money each week/every two weeks/monthly!
And a benefits are compensation in forma other than direct payment
Wowww!!
Two examples for benefits are vacation and retirement plans.
Wow! That's so interesting thanks for telling me your knowledge
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