Employment

Question 1

collective wants

Answer 1

Goods and services that are for the use of the whole community

Question 2

cadetship

Answer 2

professional job training in a full time job with time allocated to go to university or TAFE

Question 3

arbitration

Answer 3

the process which an independent body makes a final (and binding) decision on a dispute between 2 parties

Question 4

superannuation

Answer 4

A compulsory form of saving where employers place a certain % of salary into an account for their employees that can’t be access until retirement

Question 5

apprenticeship

Answer 5

Training and education in a trade (eg. plumbing, carpentry, floristry)

Question 6

taxes

Answer 6

the part of our income taken by the government to play for collective goods and services

Question 7

primary industry

Answer 7

Industry involved in the growing and extracting of natural resource

Question 8

secondary industry

Answer 8

Industry involved in turning raw materials into semi finished or finished products

Question 9

tertiary industry

Answer 9

Industry involved in providing service to others

Question 10

Quaternary industry

Answer 10

information sector eg government, culture, libraries, scientific research, education, and information technology.

Question 11

Quinary industry

Answer 11

domestic activities such as those performed by stay-at-home parents or homemakers eg. hairdresser, cooks, cleaners

Question 12

conciliation

Answer 12

similar to mediation in that a third party helps settle a dispute by trying to get both parties to reach a mutually acceptable solution

Question 13

unemployed

Answer 13

when people are trying to find work but have so far been unsuccessful

Question 14

grievance procedures

Answer 14

a number of pre-determined steps that are followed to resolve a dispute

Question 15

loading

Answer 15

extra pay (normally about 20%) in top of normal full time rate to compensate casual workers for lack of entitlements

Question 16

award

Answer 16

a document which outlines an employee’s minimum wages and conditions

Question 17

participation rates

Answer 17

all those people who have jobs (employed) + all those people who are actively seeking work (unemployed)

Question 18

unfair dismissal

Answer 18

termination of an employee that is consider to be harsh, unjust or unreasonable

Question 19

piece workers (not peace lol)

Answer 19

people who get paid according to the number of items they make (sweat shops)

Question 20

entitlement

Answer 20

non-wage benefits such as long service leave or sick leave

Question 21

GST - Goods and Services Tax

Answer 21

A broad based tax of 10% on the supply of most goods and services consumed in Australia

Question 22

mediation

Answer 22

when a third party helps those involved in a dispute to reach a solution acceptable to both sides

Question 23

entitlement

Answer 23

non-wage benefits such as long service or sick leave

Question 24

discrimination

Answer 24

Treating a person less favorably because of factors such as gender, ethnicity, religion or disability.

Question 25

redundancy

Answer 25

when a particular job a person is doing is no longer required to be performed, sometimes due to technological change

Question 26

employment contract

Answer 26

a legally binding formal agreement between an employee and employer

Question 27

enterprise agreement

Answer 27

an agreement about pay and conditions made at the enterprise or workplace level

Question 28

unemployment rate

Answer 28

the proportion of people aged 15 or over actively looking for work

Question 29

deregulation

Answer 29

the removal of government regulations from an industry or market with the aim of increasing efficiency and improving competition

Question 30

employer

Answer 30

a person who hires people to work for them

Question 31

employee

Answer 31

a person who works for a wage or salary

Question 32

fringe benefits

Answer 32

employment benefits that are additional to a wage or salary

Question 33

blue collar

Answer 33

traditionally a worker who performs manual labour in return for a wage (eg factory)

Question 34

white collar

Answer 34

a worker who is employed to do non-manual work (often clerical, technical, administrative) in the service industry and receives salary

Question 35

self employed

Answer 35

a person who earns an income from their own work or business

Question 36

workplace flexibility

Answer 36

the ability of employers and employees to negotiate flexible working hours, conditions and entitlements

Question 37

trade union

Answer 37

an organisation of employees that acts collectively for the mutual protection and assistance of the employees. They often help negotiate wages and conditions with the employer.

Question 38

compensation

Answer 38

a payment from an employer to an employee for injury or illness caused at work

Question 39

glass ceiling

Answer 39

concept of an invisible barrier that prevents women adn other from reaching the highest levels of management

Question 40

green ban

Answer 40

refusal by employees to work, or allow work to proceed, on a project that may damage the environment - either natural or historical

Question 41

strike

Answer 41

the withdrawal of worker's services in order to pressure an employer or third party to yield to demands or as a protest against terms or conditions

Question 42

HR - human resources

Answer 42

The division of a company that is focused on activities relating to employees. These activities normally include recruiting and hiring of new employees, orientation and training of current employees, employee benefits, and retention.

Question 43

PAYG - pay-as-you-go-tax

Answer 43

s a system for businesses and individuals to pay installments of their expected tax liability on their income from employment, business, or investment for the current income year.