Workforce Terminology

3. Fixed regular payment, typically paid on a monthly or biweekly basis.
4. Non-wage compensation provided by an employer (e.g., health insurance, paid time off).
5. the permanent reassignment of an employee to a lower-level position, often with reduced responsibilities, lower pay, and diminished status.
12. Time worked beyond the regular hours.
13. A meeting where an employer asks questions to someone seeking a job.
14. advancing an employee to a higher position or rank in the company.
16. A fixed regular payment earned for work or services, typically paid on an hourly or daily basis.
19. a self-employed individual or entity who provides services to clients under specific terms, typically outlined in a contract
21. Abilities or expertise needed for a job.
22. The type of work a person does.
23. Period trial period, typically for new hires, where an employer assesses an employee's suitability for a role and the company culture.
24. A person or company that hires and pays employees.

1. The education, skills, and experience needed for a job.
2. a person who is in charge of company/business
6. the process of identifying, creating, and pursuing opportunities to develop new businesses, products, or services, often involving taking financial risks and innovating to achieve financial success and positive social impact.
7. the work hours for every employee
8. Working fewer hours than the standard work week. (15-30 hours)
9. A temporary position with an emphasis on on-the-job training.
10. the source of income or earning money
11. Working the standard number of hours per week. (35-40 hours)
15. a holiday from work or job
17. A specific task or set of tasks done for pay.
18. a process that introduces new employees to their roles, the company, and its culture, helping them feel comfortable and prepared.
20. A person who works for another person or company for wages or a salary.