VCE BM U2 AOS3 Vocabulary

a legal document which outlines the wages and conditions of employment and is applicable to a particular business or group of businesses

• Agreement

• Award

• Conditions of employment

• Terms of notice

paid time off work that is provided to an employee when they are not working

• Annual leave

• Bonus

• Conditions of employment

• Work-life balance

assessments that measure a person’s level of competency

• Aptitude tests

• Artificial intelligence

• Discrimination

• Work testing

software that is able to mimic the behaviour of humans

• Artificial intelligence

• Automation

• Skill

• Visa

the process of performing tasks with technology and minimal or no human labour

• Automation

• Online selection

• Software

• Work testing

a legal document which outlines the minimum wages and conditions of work for a specific industry

• Award

• Agreement

• Employment contract

• Remuneration package

a one off payment made for meeting a set objective and is provided in addition to an employee’s regular salary

• Bonus

• Award

• Job security

• Remuneration

employees being committed to supporting the business in achieving its objectives

• Business loyalty

• Interpersonal skills

• Staffing needs

• Work-life balance

businesses require large amounts of machinery to produce goods and services

• Capital intensive

• Labour intensive

• Automation

• Machinery

employment arrangement requires an employee to work without regular and guaranteed hours

• Casual

• Conditions of employment

• Contractual

• Part time employment arrangement