business studies revision

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Employment
The condition of having paid work
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Recruitment
The process of hiring a candidate
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Selection
the employer chooses the best candidate for the job from the pool of applicants
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Full time
someone who typically works 40 hours a week
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Part time
someone who typically works between 22 and 26 hours a week.
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external recruitment
is filling a job from a suitable candidate from outside of the workforce
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internal recruitment
takes place when a job vancancy is filled within the work force
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legislation
is at a set of rules that governs the way society operates. It's another term for rules.
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Training
givng a person a chance to improve their job related skills and knowledge
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Motivation
Is the range of factors that influence to behave in certain ways
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monetary benefits
are additional payments given to employees on top of there wage/ salary suchas as bonueses.
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non-monetary benefits
are rewards given to employees that are not in monetary forms such as perks
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legislation
is at a set of rules that governs the way society operates. It's another term for rules.
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Training
givng a person a chance to improve their job related skills and knowledge
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Motivation
Is the range of factors that influence to behave in certain ways
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monetary benefits
are additional payments given to employees on top of there wage/ salary suchas as bonuses.
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non-monetary benefits
are rewards given to employees that are not in monetary forms such as perks
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Wage
Method of payment: number of working hours multiplied by their designated hourly rate of pay
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Salary
method of payment: given annualy. this amount can be divided by 12 to be paid monthly or by 4 to be paid quarterly
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induction training
Induction training is a type of training given as an initial preparation upon taking up a post
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minimum wage
The National Minimum Wage is the minimum pay per hour almost all workers are entitled to by law.
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Other cards in this set

Card 2

Front

Recruitment

Back

The process of hiring a candidate

Card 3

Front

Selection

Back

Preview of the front of card 3

Card 4

Front

Full time

Back

Preview of the front of card 4

Card 5

Front

Part time

Back

Preview of the front of card 5
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