Key employee Under FMLA statutes, 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. Under
ERISA, a key employee is defined as a plan participant who is
a highly compensated officer or company owner.

Key performance indicators Key Performance Indicators are quantifiable, specific

(KPI) measures of an organization’s performance in a certain
area(s) of its business. . The purpose of KPI’s 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, KPI’s can be used to understand and
improve organizational performance and overall success. Also
referred to as Key success indicators.

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.

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 a 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

knowledge to augment individual and organizational
performance.

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
(KSA’s) demonstrated through qualifying experience, education or
 training.

Knowledge worker Employees whose job functions are primarily of an

intellectual nature