Dictionary-of-Human-Resources-Management

mass 166 maturity curve
mediately below the top executives
(slang)
mass /ms/ noun 1. a large group of
people 2. a large number We have a
mass of letters or masses of letters to
write.
mass meeting /ms mitIŋ/ noun a
meeting attended by most or all of the
members of a trade union at a particular
workplace at which they reach decisions
on important issues, e.g. whether or not
to take industrial action
mass-produce /ms prədjus/
verb to manufacture identical products
in large quantities to mass-produce
cars
mass production /ms prə-
dkʃən/ noun the manufacture of large
quantities of identical products
mass redundancies /ms rI-
dndənsiz/ plural noun many jobs being
lost and a large number of employees
being made redundant at the same
time
mass unemployment /ms nIm-
plɔImənt/ noun unemployment of
large numbers of people
master /mɑstə/ adjective main or
original master budget a budget prepared
by amalgamating budgets from
various profit and cost centres such as
sales, production, marketing or administration
in order to provide a main budget
for the whole company the master
copy of a file the main copy of a computer
file, kept for security purposes
the law of master and servant employment
law noun 1. a skilled worker,
qualified to train apprentices a master
craftsman 2. further university degree
master and servant /mɑstər ən
svənt/ noun an employer and
employee
master contract /mɑstə
kɒntrkt/ noun an industry-wide contract
between a group of employers and
the relevant unions
mastermind /mɑstəmaInd/ verb 1.
to have the main ideas behind a scheme
2. to be in charge of a project
masterminding /mɑstəmaIndIŋ/
noun a type of interview where the interviewer
influences the interviewee
who accepts their views Masterminding
resulted in interviews revealing
little of the real discontent on the shop
floor.
Master of Business Administration
/mɑstər əv bIznIs ədmInI-
streIʃ(ə)n/ noun full form of MBA
maternity /mətnIti/ noun the act of
becoming a mother
maternity allowance /mətnIti ə-
laυəns/ noun a government benefit
paid to women on maternity leave who
are not eligible for statutory maternity
pay. Abbr MA
maternity leave /mətnIti liv/
noun a period when a woman is away
from work to have a baby but is often
still paid
maternity pay period /mətnIti
peI pIəriəd/ noun a period of eighteen
weeks when statutory maternity pay is
paid. Abbr MPP
matrix management /meItrIks
mnIdʒmənt/ noun management that
operates both through the hierarchical
chain of command within the organisation,
and through relationships at the
same level with other managers working
in other locations or on different products
or projects
matrix organisation /meItrIks
ɔɡənaIzeIʃ(ə)n/ noun a flexible organisation
structure where authority depends
on the expertise needed for a
particular task and overall responsibility
is shared between several people
matters arising /mtəz əraIzIŋ/
plural noun the business of a meeting
which refers back to items discussed at a
previous meeting
maturity /mətʃυərIti/ noun the third
stage in a product life cycle when a
product is well established in the market
though no longer enjoying increasing
sales, after which sooner or later it will
start to decline amount payable on
maturity amount received by the insured
person when the policy becomes
mature
maturity curve /mətʃυərIti kv/
noun a rate of pay increases based on
age and length of service Maturity
curves are not a feature of our pay