unit 2

a person who makes a formal application for something, especially a job

applicant

a form of incentive pay programme for rewarding employees for meeting targets or other achievements

bonus scheme

a part of a larger company; the secondary establishment of the parent company

branch

an office in which large numbers of phone calls are handled

call center

a place in a factory, office, etc. where food and meals are sold and can be eaten, often at a lower than usual price

canteen

an extra amount of money given to someone for doing something good, for an achievement

cash bonus

a person, product, company, etc. that is trying to compete with others; another business which can offer the same or similar goods and services to your customers

competitor

a date or time before which something must be done

deadline

logistics facility that stores finished goods before they are picked, packed and delivered to customers

distribution center

one of the parts into which a business, organization or company is divided

division

the premises serving as the managerial and administrative centre of an organization

headquarters

a parent company whose purpose is to buy and control the ownership interests of other companies

holding company

net earnings in the form of wages, salaries or the return on investments

income

evaluation of a company's governance and accounting processes

internal audit

the making of products on a large scale using machinery; industrial production

manufacturing

the ability to understand and work with numbers

numeracy

the time mother, fathers and caregivers take off work to care for children or a new baby

leave parental

a person who takes part in or becomes involved in a particular activity

participant

a sum of money paid regularly to a person who has stopped working because of having reached a certain age

pension

an advantage or something extra, such as money or goods, that you are given because of your job

perks

a place where an industrial or manufacturing process takes place

plant

a function you serve at a company, it includes the daily tasks and projects you complete

position

moving an employee to a higher position with more responsibilities, increased authority, and a better salary

promotion

public appreciation for someone’s achievements, knowledge or excellent skills

recognition

money, materials, staff, and other assets that can be used by a person or organization in order to function effectively

resources

the withdrawal from one's position or occupation or from one's active working life at a particular age

retirement

something given in exchange for good behaviour or good work

reward

a fixed regular payment, typically paid on a monthly basis, made by an employer to an employee

salary

a company controlled by a holding company

subsidiary

avoidance of the depletion of natural resources in order to maintain an ecological balance

sustainability

a graphical symbol or words legally registered as representing a company or a product

trademark

(1) the rate at which employees leave a workforce and are replaced; (2) the amount received in sales for a stated period by a company

turnover

a large building where raw materials or manufactured goods may be stored prior to their distribution for sale

warehouse