1. Work And Careers Flashcards
Productivity
The ability of people produce useful results at work
To subsidise
To pay part of cost of something usually in order to help people
Output
The anount of work and goods produced
Work/life balance
The ability to work hard but also enjoy a good wuality family and social life
To motivate people
To give them positivevreasons to work hard
Pay increments
Pay rise, increases
Perks
Reward from an employer which are not financial, free lunch etc
Financial rewards
Any form of money payment ( salary, commission, pensionp
Bonuses
Money given in addition to salary, usually in return for achieving targets
Incentives
Any reward that makes people work harder
Job satisfaction
Enjoyement of a job for non financial reasons
Target- related
Dependent on hitting target
On the job training
Training while working, not by leaving work to go to college etc
Ongoing training
Training throughout your time in a job, not just a start
Day release programs
Programmes pf training or education when employees can spend entire days out of work
Career progression
The ability to advance your career
Job prospects
The possibility of promotion or higher level work in future
To measure
To assess the dimentions of smth
Superficial
Not addressing deep or important issues
Performance rewies/ appraisals
Meeting at which an employer gives feetback to worker on their work over the fixed period
Redundancy
A situation where a worker loses their job because of changes in the company
To make someone redundant
To restructure
To change the organisation of the company, isually in order to make it effective or to save money
To downsize
To make an organisation smaller and employ fewer people
To outsource
To stop doing work inside the company and send it to companies pr other countries, usually to save money
