- Industri: Government; Labor
- Number of terms: 77176
- Number of blossaries: 0
- Company Profile:
Persons 20 years and over who lost or left jobs because their plant or company closed or moved, there was insufficient work for them to do, or their position or shift was abolished.
Industry:Labor
Payments made to employees in lieu of a general wage rate increase. The payment may be a fixed amount as set forth in a labor agreement or an amount determined by a formula—for example, 2. 5 percent of an employee’s earnings during the prior year. Lump-sum payments are not incorporated into an employee’s base pay rate or salary, but are considered as nonproduction bonuses in the Employment Cost Index and Employer Costs for Employee Compensation series.
Industry:Labor
One of nine geographic areas of the United States defined by the Census Bureau and widely used by BLS for presenting regional data.
Industry:Labor
One individual age 15 or older who is randomly selected from each sampled household to participate in the American Time Use Survey. The designated person is interviewed by telephone once about only his or her activities on the day before the interview. No other household member may respond for the designated person.
Industry:Labor
Often refers to the labor force. The concept focuses on worker characteristics, especially their education and training, but also characteristics such as experience (often considered to be correlated with age), physical strength (often considered to be inversely correlated with age), ability to work in teams, etc. Some demographic characteristics that are not to be considered in hiring and promotion decisions, but that are studied, include gender, race, ethnicity, parental and marital statuses.
Industry:Labor
Nonwage compensation provided to employees. The National Compensation Survey groups benefits into five categories: paid leave (vacations, holidays, sick leave); supplementary pay (premium pay for overtime and work on holidays and weekends, shift differentials, nonproduction bonuses); retirement (defined benefit and defined contribution plans); insurance (life insurance, health benefits, short-term disability, and long-term disability insurance) and legally required benefits (Social Security and Medicare, Federal and State unemployment insurance taxes, and workers’ compensation).
Industry:Labor
A temporary withholding or denial of employment during a labor dispute in order to enforce terms of employment upon a group of employees. A lockout is initiated by the management of an establishment.
Industry:Labor
A term used to describe a policy that pays additional benefits to the beneficiary if the cause of death is due to a non-work-related accident. Fractional amounts of the policy will be paid out if the covered employee loses a bodily appendage or sight because of an accident.
Industry:Labor
A term used to encompass the entire range of wages and benefits, both current and deferred, that employees receive in return for their work. In the Employment Cost Index (ECI), compensation includes the employer's cost of wages and salaries, plus the employer's cost of providing employee benefits.
Industry:Labor
A subset of a universe; usually selected randomly and considered representative of the universe.
Industry:Labor
