Unit 5 Flashcards

1
Q

Commission

A

An extra amount of money that is paid to a person or organization according to the value of the goods they have sold or the services they have provided

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2
Q

Redundancy

A

A situation in which someone has to leave their job, because they are no longer needed

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3
Q

Perk

A

Something that you get legally from your work in addition to your wages, such as goods, meals, or a car

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4
Q

Incentive

A

Something that encourages you to work harder, start a new activity etc.

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5
Q

Assessment

A

The judgement you make about a person or a situation

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6
Q

Breakdown

A

A sudden collapse in someone’s mental health

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7
Q

Empowerment

A

When workers in a company are given more responsibility by being allowed to organize their own work, make decisions without asking their managers etc. For the company, this has the advantage of making their employees more involved and able to help clients more quickly

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8
Q

Fringe benefits

A

Extra benefits supplementing an employee’s money wage or salary, for example a company car, private health care, etc.; perks

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9
Q

Red tape

A

Official rules that seem unnecessary and prevent things from being done quickly and easily; bureaucracy

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10
Q

Remuneration package

A

The pay offered to employees, along with any other advantages such as long holidays or a car

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11
Q

Severance payment

A

Money or other things that you get when you have to leave a company because your employer no longer has a job for you

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12
Q

Industrial action

A

An action such as a strike (=stopping work) taken by workers involved in a disagreement with their employer

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13
Q

Autonomy

A

The ability or opportunity to make your own decisions without being controlled by anyone else

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14
Q

Bureaucracy

A

Red tape

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15
Q

Time-consuming

A

Taking a long time to do

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16
Q

Demotivating

A

Making someone less eager or willing to do their job

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17
Q

Burnout

A

The feeling of always being tired because you have been working too hard

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18
Q

Compensation package

A

The total amount of pay and all the other advantages such as STOCK OPTIONs (=the right to buy the company’s shares cheaply) that are offered to a company’s important managers

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19
Q

(staff) turnover

A

The rate at which workers leave an organization and are replaced by others

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20
Q

Golden handshake

A

A large amount of money given to someone when they leave their job

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21
Q

To monitor

A

To carefully watch and check people

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22
Q

Appraisal

A

A meeting between a manager and a worker to discuss the quality of someone’s work and how well they do their job

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23
Q

(job) rotation

A

A period of time spent doing a particular job, w dynamic hen you will soon change to a different job for the same employer

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24
Q

Arena

A

A place or scene of activity

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25
Q

Dynamic

A

Continuously moving or changing

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26
Q

Innovation

A

A new idea, method, or invention

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27
Q

Two pronged

A

Using two separate parts of an operation, typically approaching a place or subject from different positions.

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28
Q

Flexibility

A

The ability to change or be changed easily to suit a different situation

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29
Q

Initially

A

To begin with

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30
Q

Sabbatical

A

A period when someone, especially someone in a university job, stops doing their usual work in order to study or travel

31
Q

Carbon footprint

A

The amount of carbon dioxide that a person or organization produces by the things they do, used as a way of measuring the amount of harm they do to the environment

32
Q

Recycling

A

The process of treating used objects or materials so that they can be used again

33
Q

Charitable work

A

Work in order to help the poor actualization

34
Q

Self-actualisation

A

The realization or fulfilment of one’s talents and potentialities, especially considered as a drive or need present in everyone

35
Q

Voluntary work

A

Working, done, or maintained without payment

36
Q

Voucher

A

A ticket that can be used instead of money for a particular purpose

37
Q

Contributory

A

A contributory pension or insurance plan is one that is paid for by the workers as well as by the company they work fo

38
Q

Pension

A

an amount of money paid regularly by the government or company to someone who does not work anymore

39
Q

Hospitality

A

1 friendly and generous behaviour towards guests

(here) 2 services such as food and drink that an organization provides for guests at a special event

40
Q

Lodging

A

Accommodation; a place to stay, like in a hotel

41
Q

Beverage

A

Any type of drink except water

42
Q

Staff turnover

A

The rate at which employees leave a company and are replaced by other people

43
Q

Psychometric test

A

A psychometric test, also known as an Aptitude Test, is a common part of many modern-day interviews and assessments.
Psychometric tests take many forms and are an umbrella term for any assessment that tests one’s cognitive ability or personality.

44
Q

To align to

A

To be in an agreement with and fit the requirements

45
Q

Core

A

The most important or central part of something

46
Q

Competency

A

A skill that you need in a particular job or for a particular task

47
Q

Potential

A

If people or things have potential, they have a natural ability or quality that could develop to make them very good

48
Q

Accredited

A

Having official approval to corporate do something, especially because of having reached an acceptable standard

49
Q

Reinforce

A

To make a feeling, an idea, etc. stronger

50
Q

Paternity leave

A

A period of time that the father of a new baby is allowed away from work Compare = maternity leave

51
Q

Voucher

A

A printed piece of paper that can be used instead of money to pay for something,

52
Q

Contributory

A

Involving payments from the people who will benefit

53
Q

Pension

A

An amount of money paid regularly by a government or company to somebody who is considered to be too old or too ill/sick to work

54
Q

Audit

A

An official examination of business and financial records to see that they are true and correct

55
Q

High-flyer

A

A person who is or has the potential to be very successful, especially academically or in business

56
Q

Corporate

A

Relating to a large company or group

57
Q

To juggle

A

To cope with by balancing (several activities)

58
Q

Questionnaire

A

A set of printed or written questions with a choice of answers

59
Q

Carte blanche

A

Complete freedom to act as one wishes

60
Q

Secondment

A

The temporary transfer of an official or worker to another position or employment (she could work there for a while and then come back)

61
Q

Initiative

A

An important new plan or process to achieve a particular aim or to solve a particular problem

62
Q

Proactively

A

By taking action to control a situation rather than just responding to it after it has happened

63
Q

To encompass

A

To include in a way that covers all or nearly all aspects of it

64
Q

Middle managers

A

The managers in an organization at a level between senior and junior managers

65
Q

To volunteer

A

To work for an organization without being paid

66
Q

Benefits scheme

A

A plan that shows the things that are offered to the employees of a company in addition to their normal pay, such as childcare vouchers, company cars, loans at low rates of interest, and the possibility of buying shares

67
Q

Occupational

A

Relating to or caused by your job

68
Q

Pension scheme/plan

A

A system in which an employer, insurance company etc. provides workers with a pension after they have made regular payments into the scheme over many years

69
Q

Policy

A

A course or action adopted or proposed by an organization or individual

70
Q

To socialise

A

To mix socially with others

71
Q

Deputy

A

A person who is appointed to undertake the duties of a superior in the superior’s absence

72
Q

Go sour

A

To become less pleasant; to turn out badly

73
Q

Tactile

A

(of a person) given to touching other people, especially as an unselfconscious expression of sympathy or affection

74
Q

IT

A

Information Technology