Employment

Terms used in employment, personnel practices and benefits.

13 terms

401(k): A US employer-sponsored retirement savings plan.

Alternance: A study-and-work arrangement that combines education with time in employment; the contract and rules depend on the country and program.

CCNL: Contratto collettivo nazionale di lavoro: an Italian national collective labor agreement whose terms depend on the sector and applicable agreement.
CDD: Contrat à durée déterminée: a French fixed-term employment contract, subject to specific legal conditions.

EAP: Employee assistance program: employer-arranged support for personal or work-related concerns, with services that vary by provider.

FSA: Flexible spending account: a US employer arrangement for setting aside money for eligible expenses.
FTE: Full-time equivalent: a way to express working time as a proportion of a defined full-time workload.

HRIS: Human resources information system: software used to maintain employee records and support personnel processes.
HSA: Health savings account: a US account for eligible medical expenses, available only when the relevant eligibility conditions are met.

Keyholder: A store employee authorized to open or close the premises and carry out the associated security procedures.

PTO: Paid time off: time away from work for which an employee is paid.

RRSP: Registered retirement savings plan: a Canadian retirement savings arrangement with specific tax and contribution rules.

Succession planning: Preparing people to take on important roles when their current holders move or leave.