Chpt 16 Flashcards
training,
which is learning new skills.
Development
is enhancing existing skills.
Continual learning
is the ongoing process of increasing knowledge in the area of your career and can be accomplished through formal and/or informal learning.
Formal learning
is increasing knowledge and skills through traditional venues such as returning to college
Informal learning
is increasing knowledge through non-traditional education venues, such as reading career-related magazines, newsletters, and electronic articles associated with your job.
promotion
is when an employee moves to a position higher in the organization with increased pay and responsibility.
Voluntary terminations
frequently occur when an employee has taken a job with a new employer or when retiring.
letter of resignation
is a written notice of a voluntary termination.
exit interview
is when an employer meets with an employee who is voluntarily leaving a company to identify opportunities for improving the work environment.
involuntary termination
is when an employee loses his or her job.
layoff
is when a company terminates employment through no fault of the employee.
restructuring,
which is when the company has eliminated a position due to a change in strategy.
work recall
is when employees are called back to work after being laid off.
furloughs
require employees to take unpaid work days,
lateral move
is when an employee is transferred to another area of an organization with the same level of responsibility
