Dictionary-of-Human-Resources-Management

long-term 160 lying time
long-term /lɒŋ tm/ adjective for a
long time ahead The management
plans are made on a long-term basis.
Sound long-term planning will give the
company more direction. It is in the
company’s long-term interests to have a
contented staff. long-term objectives
aims which will take years to achieve
long-term disability /lɒŋ tm
dIsəbIlIti/ noun a disability which lasts
or is likely to last a very long time
Long-Term Disability Plan /lɒŋ
tm dIsəbIlIti pln/ noun an insurance
scheme that pays insured employees
a proportion of their wages in the
event of disablement
long-term planning /lɒŋ tm
plnIŋ/ noun planning for a long time
in advance (such as in five years)
loose /lus/ adjective not packed
together
loose rate /lus reIt/ noun a rate applied
to an employee earning above the
rate earned by other employees in similar
jobs requiring similar skills
lose /luz/ verb 1. not to have something
any more to lose one’s job to be
made redundant or to be sacked He
lost his job in the reorganisation. She
lost her job when the factory closed.
number of days lost through strikes
the number of days which are not
worked when employees are on strike 2.
to have less money He lost £25,000 in
his father’s computer company. (NOTE:
losing – lost)
loss /lɒs/ noun not having something
any more loss of an order not getting
an order which was expected loss of
one’s job being made redundant
lost time /lɒst taIm/ noun the time
during which an employee does not
work, through no fault of their own
Better logistics will help cut down lost
time.
low /ləυ/ adjective not high or not
much We try to keep our wages bill
low.
low achiever /ləυ ətʃivə/ noun a
person who does not do as well as
expected
lower /laυə/ adjective smaller or less
high a lower rate of interest Sales
were lower in June than in May.
lower earnings limit /ləυər nIŋz
lImIt/ noun a minimum earnings level
at which an employee has to pay National
Insurance contributions
lower limit /ləυə lImIt/ noun the
bottom limit
lower-paid staff /ləυə peId stɑf/
noun staff who are paid less than others
lower ranks /ləυə rŋks/ plural
noun employees in less important jobs
low-level /ləυ lev(ə)l/ adjective not
very important A low-level meeting
decided to put off making a decision.
low-paid staff /ləυ peId stɑf/
noun staff on low salaries
loyal /lɔIəl/ adjective 1. always buying
the same brand or using the same
shop The aim of the advertising is to
keep the customers loyal. 2. referring to
an employee who supports the company
they work for (NOTE: you are loyal to
someone or something)
loyalty /lɔIəltI/ noun being faithful
Ltd abbr limited company
lump /lmp/ noun the Lump, Lump
labour self-employed workers who are
paid a lump sum for a day’s work or for
the amount of work completed (often
with a view to avoiding tax)
lump sum /lmp sm/ noun money
paid in one single amount, not in several
small sums a lump-sum bonus She
sold her house and invested the money
as a lump sum.
luncheon voucher /lnʃtən
vaυtʃə/ noun a ticket given by an employer
to an employee in addition to
their wages, which can be exchanged for
food in a restaurant
lunch time /lntʃ taIm/ noun a time
in the middle of the day when people
have lunch (for most British offices,
from about 12.30 to 1.30pm, or from 1
to 2 p.m.)
lying time /laIIŋ taIm/ noun the time
between the end of a period of work and
the date on which you are paid for it