Dictionary-of-Human-Resources-Management

pension 196 performance indicator
them, which then becomes binding on
both parties
pension /penʃən/ noun money paid
regularly to someone who no longer
works to draw a pension to receive a
pension verb to pension someone
off to ask someone to retire and take a
pension
pensionable /penʃənəb(ə)l/ adjective
able to receive a pension
pensionable
earnings
/penʃənəb(ə)l nIŋz/ plural noun
earnings being received at the moment
of retirement, on which the pension is
calculated
pension book /penʃən bυk/ noun a
book with vouchers entitling the bearer
to be paid a weekly pension
pension contributions /penʃən
kɒntrIbjuʃ(ə)nz/ plural noun payments
made by a company or employee
into a pension fund
pension entitlement /penʃən In-
taIt(ə)lmənt/ noun an amount of pension
which someone has the right to receive
when they retire
pensioner /penʃənə/ noun a person
who receives a pension
pension fund /penʃən fnd/ noun
money which provides pensions for retired
employees
pension plan /penʃən pln/, pension
scheme /penʃən skim/ noun a
plan worked out by an insurance company
which arranges for an employee to
pay part of their salary over many years
and receive a regular payment when
they retire
Pensions Ombudsman /penʃənz
ɒmbυdzmən/ noun a government official
who arbitrates in disputes over pensions
and the administration of pension
funds
people churner /pip(ə)l tʃnə/
noun a bad employer with a reputation
for losing talented staff (slang)
people skills /pip(ə)l skIlz/ plural
noun the techniques used in forming relationships
and dealing with other people
Good people skills are essential
for anyone working in customer service.
per /p, pə/ preposition 1. at a rate of
we pay £10 per hour we pay £10 for
each hour worked 2. out of The rate of
imperfect items is about twenty-five per
thousand.
‘…a 100,000 square-foot warehouse generates
$600 in sales per square foot of space’
[Duns Business Month]
per annum /pər nəm/ adverb in a
year What is their turnover per annum?
What is his total income per annum?
She earns over £100,000 per
annum.
per capita /pə kpItə/ adjective, adverb
for each person
per-capita expenditure /pə
kpItə IkspendItʃə/ noun the total
money spent divided by the number of
people involved
per capita income /pə kpItə
Inkm/ noun the average income of
one person
per day /pə deI/, per diem /pə
diem/ adverb for each day
perform /pəfɔm/ verb to do well or
badly how did she perform at the interview?
did she do well or badly at the
interview?
performance /pəfɔməns/ noun the
way in which someone or something
acts performance of staff against objectives
how staff have worked, measured
against the objectives set
performance appraisal /pə-
fɔməns əpreIz(ə)l/, performance
assessment /pəfɔməns əsesmənt/
an assessment of the quality of a person’s
work in a job
performance-based assessment
/pəfɔməns beIst əsesmənt/ an assessment
of an employee’s knowledge
and skills as shown in their work. Compare
knowledge-based assessment
performance indicator /pə-
fɔməns IndIkeItə/ noun a figure or
measurement that acts as a guide to how
well an organisation is performing, as a
whole or in some aspect of its activities,
and what its strengths and weaknesses
are (NOTE: Performance indicators can
relate, for example, to the quality or
quantity of its output or to the turnover
rate amongst its staff.)