Chapter 4: People in Business Flashcards Preview

GCSE AQA Business Studies Unit 1 and Unit 2 > Chapter 4: People in Business > Flashcards

Flashcards in Chapter 4: People in Business Deck (18):
1

Recruitment

Attracting people to apply for a job vacancy

2

Part-time Workers

Working for a proportion of the full working week

3

Internal Recruitment

Appointing an existing employee of the business to fill a vacancy

4

Full-time Workers

Working for the normal full working week

5

Wage

When an employee is paid a fixed amount for each hour or the day they work

6

Salary

When a worker is paid a fixed amount per month or year, no matter what hours they work

7

Pension

Payments made to retired workers in addition to the state pension

8

Non-Monetary Rewards

Rewards to employees that do not involve the direct payment of money to them

9

Commission

When the employee gets a percentage of the amount they sell

10

Equal Pay Act 1970

Men and women should be paid the same for the same job.

11

Minimum Wage Act 1998

The minimum amount that a business is allowed to pay a worker per hour

12

Race Discrimination Act 1976

A business can not discriminate against a person in the workplace based upon their race

13

Disability Discrimination Act 1995

A business can not discriminate against a person in the workplace based upon their disability

14

Maternity Pay

Pay given to expectant mothers for having a child

15

Paternity Pay

Pay given to expectant fathers for having a child

16

Sick Pay

Pay given to workers for being off sick (anything longer than 3 days requires a doctor's notice)

17

Holiday

Length of time a worker is allowed off work on full pay

18

Health and Safety Act

Employees have the right to work in a safe and healthy environment