Business Terms

3. development method where an employee receives feedback from multiple sources like peers or managers.
8. giving employees the tools and authority they need to take ownership of their work.
9. gathering feedback / information on employee efficiency and performance
11. training provided within the workplace
12. when employees are benefited with company shares
13. bonus pay to an employee, a compensation usually for a sale.
14. moving employees between different tasks to promote variety and gain more skills
15. fixed regular payment for work or service
16. pay when pay of employees depends on the profit made by the employer
17. Assessment of overall performance or outcomes of employees after a given period

1. When an individual evaluates their own performance skills and achievements.
2. enhancing a job role by adding tasks and responsibilities to achieve professional and person growth
4. pay for performance, when employee pay and bonuses are dependent on performance.
5. when an employer increases the amount of jobs an employee is responsible for to challenge them
6. extra compensation employees receive from the employer
7. The rate that former employees are replaced by new ones within a given time
10. traning provided away from the workplace
17. fixed amount of money paid to an employee
18. when an organisation welcomes a new recruit and helps them settle in and gives them knowledge they need to perform their role