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Dictionary-of-Human-Resources-Management

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e. & o.e. 85 economic model<br />

E<br />

e. & o.e. abbr errors and omissions<br />

excepted<br />

ear candy /Iə kndi/ noun pleasant<br />

but meaningless noise or talk<br />

early /lI/ adjective, adverb before<br />

the usual time The mail arrived early.<br />

We retired early and bought a house<br />

in Cornwall. at an early date very<br />

soon adjective at the beginning <strong>of</strong> a<br />

period <strong>of</strong> time He took an early flight<br />

to Paris. we hope for an early resumption<br />

<strong>of</strong> negotiations we hope negotiations<br />

will start again soon<br />

early adopter /li ədɒptə/ noun an<br />

individual or organisation that is one <strong>of</strong><br />

the first to make use <strong>of</strong> a new<br />

technology<br />

early retirement /li rItaIəmənt/<br />

noun a scheme where a company encourages<br />

employees to retire earlier than<br />

usual, and receive financial compensation<br />

for this early retirement at<br />

fifty-five He took early retirement. <br />

The management <strong>of</strong>fered some <strong>of</strong> the senior<br />

staff early retirement.<br />

earn /n/ verb 1. to be paid money for<br />

working to earn £100 a week Our<br />

agent in Paris certainly does not earn<br />

his commission. Her new job is more<br />

<strong>of</strong> a transfer than a promotion, since she<br />

doesn’t earn any more. How much do<br />

you earn in your new job? 2. to produce<br />

interest or dividends a building society<br />

account which earns interest at 10%<br />

What level <strong>of</strong> dividend do these shares<br />

earn?<br />

earning capacity /nIŋ kəpsIti/<br />

noun the amount <strong>of</strong> money someone<br />

should be able to earn<br />

earning power /nIŋ paυə/ noun<br />

the amount <strong>of</strong> money someone should<br />

be able to earn She is such a fine designer<br />

that her earning power is very<br />

large.<br />

earnings /nIŋz/ plural noun 1. salary,<br />

wages, dividends or interest received<br />

High earnings in top<br />

management reflect the heavy responsibilities<br />

involved. The calculation is<br />

based on average earnings over three<br />

years. 2. pr<strong>of</strong>it made by a company<br />

‘…the US now accounts for more than half <strong>of</strong><br />

our world-wide sales. It has made a huge<br />

contribution to our earnings turnaround’<br />

[Duns Business Month]<br />

‘…last fiscal year the chain reported a 116%<br />

jump in earnings, to $6.4 million or $1.10 a<br />

share’ [Barrons]<br />

earnings drift /nIŋz drIft/ noun a<br />

situation where an increase in pay is<br />

greater than that <strong>of</strong> <strong>of</strong>ficially negotiated<br />

rates The earnings drift is caused by a<br />

sudden increased demand for a certain<br />

class <strong>of</strong> employee. (NOTE: also called<br />

salary drift or wage drift)<br />

earnings rule /nIŋz rul/ noun a<br />

system where retirement pensions are<br />

reduced for those who earn more than a<br />

specified amount when working The<br />

earnings rule can be considered as a<br />

way <strong>of</strong> compensating for salary<br />

differentials.<br />

EAT abbr employment appeal tribunal<br />

echelon /eʃəlɒn/ noun a group <strong>of</strong><br />

people <strong>of</strong> a certain grade in an organisation<br />

the upper echelons <strong>of</strong> industry <br />

Communications have improved between<br />

the higher and lower echelons in<br />

the company.<br />

economic cycle /ikənɒmIk<br />

saIk(ə)l/ noun a period during which<br />

trade expands, then slows down and<br />

then expands again<br />

economic model /ikənɒmIk<br />

mɒd(ə)l/ noun a computerised plan <strong>of</strong>

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