Career Readiness Vocabulary

Promotion

• An act where one employee gets given a higher rank or position in a company, usually coinciding with an increase in compensation, benefits, and responsibilities.

• A process where employees are evaluated for their performance and may receive feedback.

• A method of training employees to improve their skills and knowledge.

• A strategy to reduce the workforce in a company.

Compensation

• The total amount of money an employee earns in a year.

• The sum of all remuneration and benefits given to an employee for work rendered.

• The amount deducted from an employee's salary for taxes.

• The benefits provided to employees for their performance in the workplace.

Goal

• The aim of an employee, employer, or company.

• A specific task to be completed.

• A method of evaluating performance.

• A financial target set by the company.

Experience

• The total amount of time spent in a job role.

• The entirety of a candidate’s past work history, including volunteer work and any knowledge and skills gained as a result of prior training, tasks, and responsibilities.

• The number of years a candidate has been employed in a specific field.

• The skills acquired through formal education only.

Keywords

• Words and phrases in a job seeker’s resume and cover letter that are often ignored by hiring managers.

• Words and phrases in a job seeker’s resume and cover letter which have a great importance placed on them.

• Random words that have no significance in a job application.

• Common phrases used in casual conversations.

Portfolio

• A collection of a candidate’s work and project history to showcase skills and experience.

• A list of references provided by a candidate to support their job application.

• A document that outlines a candidate's educational background and qualifications.

• A summary of a candidate's personal interests and hobbies.

Constructive Dismissal

• A situation where an employee is promoted against their will.

• A situation where an employee is forced to work overtime without pay.

• A situation where an employee quits or resigns due to a hostile work environment.

• A situation where an employee is given a raise but with increased responsibilities.

Cover Letter

• A letter sent with a resume or CV which briefly sums up a candidate’s interest, relevance, and ability to do the job.

• A document that lists all the skills and experiences of a candidate in detail.

• A formal request for a job interview sent via email.

• A summary of the company's history and mission statement.

Resume

• A detailed account of all academic and professional experiences.

• A record of one’s academic and professional achievements, skills, and other details meant to briefly and quickly sum up an applicant’s eligibility for a job position. It is usually shorter than a C.V.

• A comprehensive document that includes personal information, references, and a list of hobbies.

• A formal document that outlines an individual's life story and personal background.

Curriculum Vitae

• A brief summary of work experience and skills.

• A record of one’s academic and professional achievements.

• A document used for job applications only in the United States.

• A list of references for employment opportunities.