Glossary of HR Terms starting with Alphabet K
Key employee: A key employee 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 or a key employee is defined as a plan participant who is a highly compensated officer or company owner.
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.
Key technology: A technology that has proved its worth but has yet to come into widespread use. Such a technology provides a competitive advantage because its dissemination is limited.
Knowledge assets: The parts of an organization’s intangible assets that relate specifically to knowledge, expertise, information, ideas, best practices, intellectual property and other capabilities.
Knowledge-based pay: A salary differentiation system that bases compensation on an individual’s education, experience,knowledge, skills or specialized training. Also referred to as skill-based pay.
Knowledge broker: The individual who facilitates the creation, sharing and use of knowledge in an organization by linking individuals with providers.
Knowledge Integration: Knowledge integration is broadly defined as the assimilation, extraction, transformation and loading of information from disparate systems into single more unified, consistent and accurate data store used for evaluating, manipulating and reporting information.
Knowledge management: The process of creating, acquiring, sharing and managing an organization will need in order to support its overall goals, objectives, strategies and missions.
Knowledge mapping: A process used to create a summation of the knowledge an organization will need in order to support its overall goals, objectives, strategies and missions.
Knowledge, skills and abilities: The attributes required to perform a job; generally demonstrated through qualifying experience, education or training.
Knowledge worker: Employees whose job functions are primarily of an intellectual nature.