Efficiency and Employment Flashcards
the age when you leave your job and stop working, usually because you are old
age of retirement
temporary employment that is not regular or fixed
casual work
temporary employment by an organization to do a specific project or piece of work
contract work
removing unproductive parts of the management hierarchy to make organizations more flexible and efficient
delayering
decreasing the number of permanent employees working for an organization
downsizing
when someone or something uses time and energy well, without wasting any
efficiency
a situation in which it is easy for companies to hire non-permanent staff
flexible labo(u)r market
employing two or more people on a part-time basis to perform a job normally available to one person working full time
job sharing
using other businesses as subcontractors to supply components or services
outsourcing
If you work part-time or do part-time work, you work for only some of the day or the week
part-time
businesses and industries that are (not) owned or controlled by the government
public / private sector
reorganizing a company, business or system in a new way to reduce costs and improve efficiency and effectiveness
rationalization / restructuring
money that a company pays to workers who have lost their jobs because they are no longer needed
redundancy package
moving some of a business’s activities to another place or country
relocation / delocalization
another way of saying downsizing, though it could also describe increasing the size of organization.
rightsizing
