company employee

  • 1Employee benefit — Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, perqs or perks) are various non wage compensations provided to employees in addition to their normal wages or salaries. Where an… …

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  • 2employee termination — UK US noun [C or U] HR ► the process of officially ending someone’s job at a company: »Employee terminations fall under the responsibility of management and human resources personnel. »Employee termination is often the last step in an… …

    Financial and business terms

  • 3Employee ownership — occurs when a corporation is owned in whole or in part by its employees. Employees are usually given a share of the corporation after a certain length of employment or they can buy shares at any time. A corporation owned entirely by its employees …

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  • 4Employee engagement — is a concept that is generally viewed as managing discretionary effort, that is, when employees have choices, they will act in a way that furthers their organization s interests. An engaged employee is a person who is fully involved in, and… …

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  • 5Employee referral — is an internal recruitment method employed by organisations to identify potential candidates from their existing employees social networks. An employee referral scheme encourages a company s existing employees to select and recruit the suitable… …

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  • 6Employee assistance programs — (EAPs) are employee benefit programs offered by many employers, typically in conjunction with a health insurance plan. EAPs are intended to help employees deal with personal problems that might adversely impact their work performance, health, and …

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  • 7employee benefit trust — Employee share ownership Trusts (ESOT s) are based on an Employee Benefits Trust (EBT). They are established by a company, the beneficiaries being directors and employees of the company. The ESOP is used a vehicle for acquiring and storing shares …

    Law dictionary

  • 8Employee Share Owner Trusts — Employee share ownership plans (ESOT s) are based on an Employee Benefits Trust (EBT). They are established by a company, the beneficiaries being directors and employees of the company. The ESOP is used a vehicle for acquiring and storing shares… …

    Law dictionary

  • 9employee — em‧ploy‧ee [ɪmˈplɔɪˌiː, ˌemplɔɪˈiː] noun [countable] HUMAN RESOURCES JOBS someone who is paid to work for an organization, especially someone who has a job of low rank: • A large proportion of the company s employees work outside the UK. •… …

    Financial and business terms

  • 10Employee exit management — is the process used within many businesses to terminate employees in a professional manner. It applies to employees who have resigned and those that have been terminated by the company. It is the opposite of an induction programme which is the… …

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