Dictionary-of-Human-Resources-Management

full employment 111 funds
full employment /fυl ImplɔImənt/
noun a situation where all the people
who can work have jobs
full payment /fυl peImənt/ noun the
paying of all money owed
full pension /fυl penʃən/ noun the
maximum pension allowed
full rate /fυl reIt/ noun the full
charge, with no reductions
full-scale /fυl skeIl/ adjective complete
or very thorough The MD ordered
a full-scale review of credit terms.
The HR department will start a
full-scale review of the present pay
structure.
‘…the administration launched a full-scale
investigation into maintenance procedures’
[Fortune]
full-time /fυl taIm/ adjective, adverb
working all the normal working time,
i.e. about eight hours a day, five days a
week She’s in full-time work or She
works full-time or She’s in full-time
employment. He is one of our full-time
staff.
full-time employee /fυl taIm Im-
plɔIi/, full-time worker /fυl taIm
wkə/ noun an employee who works
more than 16 hours per week for a
company
full-time employment /fυl taIm
ImplɔImənt/ noun work for all of a
working day to be in full-time
employment
full-time equivalent /fυl taIm I-
kwIvələnt/ noun a notional employee
earning the full-time wage, used as a
comparison to part-time employees
full-time job /fυl taIm dʒɒb/ noun
a job that occupies all someone’s normal
working hours
full-timer /fυl taImə/ noun a person
who works full-time
fully /fυli/ adverb completely fully
insured pension scheme a pension
scheme where each contributor is insured
to receive the full pension to
which they are entitled
‘…issued and fully paid capital is $100 million’
[Hongkong Standard]
function /fŋkʃən/ noun a duty or
job verb to work The advertising
campaign is functioning smoothly.
The new management structure does not
seem to be functioning very well.
functional /fŋkʃən(ə)l/ adjective 1.
which can function properly 2. referring
to a job
functional authority /fŋkʃən(ə)l
ɔθɒrIti/ noun the authority which is
associated with a job
functional job analysis
/fŋkʃən(ə)l dʒɒb ənləsIs/ noun
an assessment of the specific requirements
of a job Functional job analysis
is used to identify what type of person
should be appointed to fill the vacancy.
functionary /fŋkʃənəri/ noun a
civil servant (slightly derogatory)
fund /fnd/ noun money set aside for a
special purpose verb to provide
money for a purpose The company
does not have enough resources to fund
its expansion programme. to fund a
company to provide money for a company
to operate
‘…the S&L funded all borrowers’ development
costs, including accrued interest’ [Barrons]
funded /fndId/ adjective backed by
long-term loans long-term funded
capital
funded pension plan /fndId
penʃən pln/, funded pension
scheme /fndId penʃən skim/ noun
a pension plan where money is set aside
annually to fund employees’ pensions
funding /fndIŋ/ noun money for
spending The bank is providing the
funding for the new product launch.
funding rate /fndIŋ reIt/ noun the
employer’s contributions to a pension
fund shown as a percentage of the total
pensionable salaries of the employees
fund-raising /fnd reIzIŋ/ noun the
process of trying to get money for a
charity, etc. a fund-raising sale
funds /fndz/ plural noun money
which is available for spending The
company has no funds to pay for the research
programme. the company
called for extra funds the company
asked for more money to run out of
funds to come to the end of the money
available to convert funds to another
purpose to use money for a wrong purpose
to convert funds to your own