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11. Answer the following questions:

1. What is seen as one of the most important forces in motivating the workforce?

2. What is income?

3. What does a whitecollar worker receive for his/her work?

4. What docs a bluecollar worker receive for his/her work?

5. Where do employees receive a commission?

6. What is a fee paid for?

7. What arc fringe benefits?

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8. What may a benefits package include?

9. What is a golden handshake?

10. What are bonuses usually paid for?

TEXT 6: LEAVING A JOB

Vocabulary

resign (v) іти у відставку; відмовлятися від посади;

складати з себе обов'язки

quit one's job (v) залишати роботу; звільнятися; іти у

відставку

retire (v) залишати посаду, іти у відставку

(на пенсію), звільнятися

take early retirement (v) рано піти на пенсію (у відставку)

unemployed безробітний

closure закриття, завершення

dismiss (v) звільняти (з роботи)

dismissal звільнення з роботи

lay off (v) припиняти роботу;

амер. звільняти робітників

make redundant (v) звильнити у зв'язку зi скороченням штату

redundancy скорочення штатів; звільнення робітників

outplacement працевлаштування працівників, яких було звшльнено при скороченні штатів

redundancy payment допомога при звільненні з роботи

(наприклад при скороченні штатів)

fire (v) амер. звільняти з роботи

terminate (v) звільняти з роботи

sack (v) звільняти з роботи

Leaving a Job

There are various ways to leave a job. Some people leave a job voluntary and some involuntary. A person resigns, or quits his job, when he leaves it voluntary. At the age of 60 many employees retire, though the retirement age varies from one country to another. Some employees leave at an earlier age; this is known as taking early retirement.

Labour market is very flexible. Companies can react quickly to economic problems. Company reorganization, relocation or closure often result in job losses. When people lose their jobs, they are dismissed, laid off or made redundant. These job losses are known as redundancies, dismissals or lay-offs. An employee who is made redundant or laid off has a right to receive compensation in the form of a redundancy payment. This is an amount of money paid out to compensate the employee for the job loss; it is calculated according to the age, length of service and the salary earned by the employee. They may also get advice about finding another job, retraining, etc. This is called outplacement advice.

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When people are made to leave the organization we say that they are fired, terminated or sacked. For them, finding a new job may be difficult and as a result they become unemployed.

EXTRSICES

1. Form nouns from the following verbs:

resign ------------------------------------

retire ------------------------------------

reorganize ------------------------------------

relocate ------------------------------------

close -------------------------------------

lose -------------------------------------

dismiss -------------------------------------

pay -------------------------------------

vary -------------------------------------

form -------------------------------------.