Human Resources, Culture, and Diversity Vocabulary Review

A ______ is made up of all the people 16 years and older who are employed or who are looking for a job.

________ removes work from one company and sends it to another company that can complete it at a lower cost.

Downsizing is a planned reduction in the number of employees in order to cut costs and make a business more efficient.

_________ connects the amount of compensation to the quality or quantity of an employee's performance.

the amount of money paid to an employee for work performed.

________ are direct payment of money to an employee for work completed.

Examples of benefits are promotions, new office, new company car, and company credit card.

A promotion is the advancement of an employee to a position with greater responsibility.

A _________ ends the employment relationship between a company and an employee.

A ________ is the assignment of an employee to another job in the company with a similar level of responsibility.