Unit 2 - Work and Motivation Flashcards
A worker who has (not) acquired special skills
(un)skilled worker
An advantage or profit gained from something
benefits
A sum of money added to a person’s wages as a reward for good performance
bonus
A chance of gaining new skills
career training
A sum, typically a set percentage of the value involved, paid to an agent in a commercial transaction
commission
Beliefs and behaviours that determine how a company’s employees and management interact and handle outside business transactions
corporate culture
The practice of leaving employment before the statutory age, esp. on favourable financial terms
early retirement
a situation in which a person, system, or machine works well and quickly
efficiency
Wage, that does not in- or decreases as a result of certain events occurring or not occurring
fixed salary
Hourly rate of salary
hourly wage
A thing that motivates or encourage someone to do something
incentive
The practice of moving employees between different tasks to promote experience and variety
job rotation
Is the probability that an individual will keep his/her job
job security
Is the study and practice of managing unionised employment situations
labor relations
Make something on a large scale using machinery
manufacturing