Business Terms

7. - that part of an employee's pay which rises, and falls, in line with the profits of the business in which they work.
8. - employees learn more about their chosen career and develop new skills away from their workplace.
10. - employees hold shares or have the option to purchase shares in their company at discounted and tax-efficient rates.
13. - a job design technique in which activities or tasks are added to an existing role
14. - fixed amount of money or compensation paid to an employee by an employer in return for work performed.

1. - involve employees learning a job by actually doing and performing it on a real-time basis
2. - a fee paid to an agent or employee for transacting a piece of business or performing a service.
3. - motivate employees by giving them increased responsibility and variety in their jobs
4. - the practice of moving employees between jobs in an organisation.
5. - a form of pay for the performance of services.
6. - an employment system where the employers pay their employees per item of work completed.
9. - welcoming newly recruited employees and supporting them to adjust to their new roles and working environments.
11. - he degree of autonomy and self-determination in people and in communities
12. - linking salary progression to an assessment of individual performance.