Shrm Scp (2024) - Comprehensive Flashcard

Employees {Ans: Individuals who exchange work for wages or salary; in the U.S., workers who are covered by Fair Labor Standards Act regulations as determined by the IRS.}Competencies {Ans: Clusters of highly interrelated attributes, including knowledge, skills, or abilities (KSA) that give rise to the behaviors needed to perform a given job effectively.}Regulation {Ans: A rule or order issued by an administrative agency; often has the force of law.}Line units {Ans: Work groups that conduct the major business of an organization.}Fair and Accurate Credit Transactions Act (FACT Act) {Ans: U.S act that provides some relief to employers using third parties to conduct workplace investigations.}Patient Protection and Affordable Care Act (PPACA) {Ans: 2010 U.S. law that requires virtually all citizens and legal residents to have minimum health coverage and requires employers with more than 50 full-time employees to provide health coverage that meets minimum benefit specifications or pay a penalty.}