People in Business

Recruitment

The process of encouraging people to apply for a job vacancy.

Selection

The process of choosing the best person for the job.

Job Share

A contract where two part-time employees share the workload and pay of a full-time job.

Curriculum Vitae (CV)

A document written by a candidate summarizing their qualifications and employment history.

Shortlist

A list of the most suitable candidates for a job, chosen from those initially considered.

Job Description

A document that outlines the tasks, duties, and responsibilities of a job.

Person Specification

A document that lists the qualifications, skills, and experiences needed for a job.

Temporary Employment

Work that is not permanent and usually covers absences or short-term needs.

Part-time Employment

Work that requires fewer than 30 hours per week.

Seasonal Employment

Work that is regular and full-time but short-lived, typically around specific seasons or events.

Casual Employment

Work with a variable schedule, and workers may be 'on-call' to work at short notice.

Corporation Tax

A tax imposed on the income or profit of corporations.

Stakeholders

Individuals or groups with an interest in a business and its activities.

Hygiene Factors

Elements that prevent job dissatisfaction but do not motivate when present.

Motivators

Factors that can lead to job satisfaction and motivate employees to perform better.

Decentralization

The distribution of decision-making governance closer to the people or lower levels in an organization.

Centralization

The concentration of decision-making authority at the top levels of management.

Span of Control

The number of subordinates that a manager or supervisor can effectively manage.

Chain of Command

The order of authority within an organization.

Internal Recruitment

Promoting or hiring employees from within the organization.

External Recruitment

Hiring candidates from outside the organization.

Job Analysis

The process of gathering information about a job to create job descriptions and person specifications.

Performance Appraisal

A regular review of employee performance and contributions to the company.

Work Schedule

A plan that indicates the hours, days, and shifts that employees work.

Health and Safety Training

Training aimed at ensuring employees understand workplace safety regulations and procedures.

Technical Skills

The specific knowledge and abilities required to perform a job.

Employability Skills

The skills and abilities that make a candidate suitable for employment.

Employee Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs.

Job Enrichment

The enhancement of a job by adding responsibilities to make work more rewarding.

On-the-job Training

Training that occurs while an employee is performing their job.

Off-the-job Training

Training that occurs away from the employee's usual work environment.

Employee Retention

The ability of an organization to keep its employees.

Union Membership

An organization of workers that advocates for worker rights and benefits.

Employee Benefits

Forms of value beyond wages that are provided to employees.

Human Resource Management (HRM)

The strategic approach to managing people in an organization.

Organisational Structure

The system used to define a hierarchy within an organization.

Career Development

The ongoing process of managing your career and growing professionally.

Financial Management

The planning, organizing, directing and controlling of financial activities.