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
An increase in the amount of money you are paid for doing your job
pay rise
A regular payment made during a person’s retirement from an investment fund (persons and/or employer contribute money earlier)
pension
A benefit to which one is entitled because of one’s job
perk
A person engaged/qualified in a profession (e.g. lawyer) / a person competent/skilled in a particular activity
professionals
A system in which the people who work for a company receive a direct share of the profits
profit sharing
the process or fact of giving someone a higher or more important job
promotion
Money paid for work or service
remuneration
A fixed regular payment (typically paid on a monthly basis)
salary
Pay given to an employee on sick leave
sick pay
Observe and direct the execution
to supervise
holiday (off from work)
vacation
A fixed regular payment earned for work/services (typically paid on a daily/weekly basis)
wage
The environment at a workplace
working conditions
The connection between coworkers
working relations
The duration of someone’s days at work (on a 7 day basis)
working week
