LESSON 8: Total Rewards: Employee Benefits & Compensation

LESSON 8

Total Rewards: Employee Benefits & Compensation
Describing graphs.

In this lesson you will learn vocabulary related to the topic of total rewards. You will also learn how to describe graphs.

 

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Revision from the last lesson:

Explain the following words in English and Polish:

bias entitlement statutory comply with constraints of

 

Click here, to see the key!

 

bias often supporting or opposing a particular person or thing in an unfair way by allowing personal opinions to influence your judgment / uprzedzenie, stronniczość
statutory decided or controlled by law / statutowy, ustawowy
entitlement something that you have right to do or have / prawo do czegoś
comply with to act according to an order, set of rules or request / dostosować się
constraint something which controls what you do by keeping you within particular limits / ograniczenie, przymus


 

LESSON 8

TOTAL REWARDS: EMPLOYEE BENEFITS & COMPENSATION. DESCRIBING GRAPHS.

 

Vocabulary and speaking exercise.

How do you call this in English?

 

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a GRAPH / a DIAGRAM a CHART

 

Do you often use graphs in your presentations? Do you know how to describe them?

To talk about different trends you can use following tenses:

 

 

PAST SIMPLE

to describe events that happened in the past and are now finished.

Example
:

  • Sales increased between 2008 and 2009.

 

 

PRESENT PERFECT

to describe trends that started in the past and have not finished yet.

Example:

  • Sales have decreased since 2009.

 

 

PAST PERFECT AND PAST PERFECT CONTINUOUS

to describe trends that had already happened before another event in the past.

Example:

  • Employee turnover had already decreased when we introduced the new benefit program in 2008.
  • Employee turnover rate had been plummeting before we introduced the new total rewards scheme.

 

 

PRESENT CONTINUOUS

to describe trends and changes that are happening now.

Example:

  • The number of work related accidents is increasing at the moment.

 

 

FUTURE FORM

WILL ? to predict future trends.

Example:

  • Sales will / won?t decrease next year.

 

Exercise 1 – vocabulary and grammar.

Complete the sentences with the verbs in brackets in a correct grammar form.

 

  1. The number of grievances at the moment. (go up)
  2. Between 2004 and 2005 the average number of dangerous occurrences (decrease).
  3. The minimum wage (płaca minimalna) since 2007.(increase)
  4. The number of employees in our company (drop) next year.
  5. According to the survey the employee satisfaction already before we increased the wages. (grow)

 

Click here, to see the key!

  1. The number of grievances is going up at the moment.
  2. Between 2004 and 2005 the average number of dangerous occurrences decreased.
  3. The minimum wage has increased since 2007.
  4. The number of employees in our company will drop next year.
  5. According to the survey the employee satisfaction had already grown before we increased the wages.

Exercise 2 – vocabulary and speaking.

Look at the chart below. Below the chart you will find some graphs. Describe the graphs using a proper word from the chart.

 

GO UP GO DOWN OTHERS
increase – wzrosnąć
grow – wzrosnąć
rise – wzrosnąć, iść w górę
come up – wzrastać
improve – poprawić się
jump – skoczyć
peak – osiągnąć maksimum
reach a peak – jak wyżej
rocket – skoczyć w górę
decrease – zmniejszyć się
decline – opadać, zanikać
fall – spadać
drop – spadać, zmniejszać się
come down – spadać
deteriorate – pogarszać się
hit a low – zanotować spadek
plunge – gwałtownie spadać
shrink – kurczyć się
plummet – spadać
double – podwoić
triple – potroić
even out – wyrównać
fluctuate – wahać się, oscylować
hold firm – być stałym
level off – stabilizować się
recover – odzyskać
remain stable – pozostać stałym
remain steady
stabilise – stabilizować się
stagnate – ulec stagnacji

 

Now describe the graphs. You can also use the expressions:

 

  • This bar chart shows / represents
  • As you can see
  • If you look at the graph ..
  • Could I draw your attention to the chart
  • The figures in this table show
  • This chart compares
  • The blue dotted line represents
  • Let?s move on now and look at the figures for
  • The vertical axis represents

 

Graph 1.

graph 1

Click here, to see the key!


Suggested answer:

This bar chart shows that the sales of smartphones
in the US will increase over the next three years.

Graph 2.

graph 1

Click here, to see the key!


Suggested answer:

As you can see the number of walking trips
dropped between 1986 and 2004.

Graph 3.

graph 1

Click here, to see the key!


Suggested answer:

The birth rate in Bangladesh was stable from
2000 to 2002, increased significantly in 2003
to remain stable in 2004.

 

Remember

Sales increased by 25% / from 200 to 250. There was an increase / a growth / a rise / a decline / a fall in sales / of 25%.

 


 

Reading exercise.

Read the text below.

 

The Elements of Total Rewards

There are five elements of total rewards, each of which includes programs, practices, elements and

dimensions
Dimension
a measurement of something in a particular direction, especially its height, length or width / wymiar
that
collectively
Collectively
as a group / razem, wspólnie
define
Define
to say what the meaning of something, especially a word, is / określać
an organization?s strategy to attract, motivate and
retain
Retain
to keep or continue to have something / zatrzymać
employees. These elements are: Compensation, Benefits, Work-Life, Performance and Recognition, Development and Career Opportunities. An effective total rewards strategy results in satisfied, engaged and productive employees, who
in turn
In turn
z kolei / natomiast
create desired business performance and results. The elements are not
mutually
Mutually
felt or done by two or more people or groups in the same way / wzajmnie
exclusive
Exclusive
limited to only one person or group of people / wyłączny
and are not intended to represent the ways that companies organize or
deploy
Deploy
to use something or someone, especially in an effective way / używać, stosować
programs and elements within them. For instance, performance management may be a compensation-function-driven activity or may be decentralized in line organizations; it can be managed formally or informally. Likewise,
recognition
Recognition
admiration and respect for your achievements / uznanie
could be considered an element of compensation, benefits and work-life.

 

Name the five elements of Total Rewards and summarize the text using the following words: retain / in turn / deploy.

Match the definitions with 5 elements of total rewards.

 

1. Compensation The alignment of organizational, team and individual efforts toward the achievement of business goals and organizational success. It includes establishing expectations, skill demonstration, assessment, feedback and continuous improvement. and Acknowledges or gives special attention to employee actions, efforts, behavior or performance.
2. Benefits A specific set of organizational practices, policies and programs, plus a philosophy, that actively supports efforts to help employees achieve success at both work and home.
3. Work-Life Programs an employer uses to supplement the cash compensation that employees receive. These health, income protection, savings and retirement programs provide security for employees and their families.
4. Performance & Recognition A set of learning experiences designed to enhance employees? applied skills and competencies. It engages employees to perform better and engages leaders to advance their organizations? people strategies. and opportunities that involve the plan for employees to advance their career goals.
5. Development and Career Opportunities Pay provided by an employer to an employee for services rendered (i.e. time, effort and skill).
Click here, to see the key!

Compensation Pay provided by an employer to an employee for services rendered (i.e. time, effort and skill).
Benefits Programs an employer uses to supplement the cash compensation that employees receive. These health, income protection, savings and retirement programs provide security for employees and their families.
Work-Life A specific set of organizational practices, policies and programs, plus a philosophy, that actively supports efforts to help employees achieve success at both work and home.
Performance & Recognition Performance: The alignment of organizational, team and individual efforts toward the achievement of business goals and organizational success. It includes establishing expectations, skill demonstration, assessment, feedback and continuous improvement. Recognition: Acknowledges or gives special attention to employee actions, efforts, behavior or performance.
Development and Career Opportunities Development: A set of learning experiences designed to enhance employees? applied skills and competencies. Development engages employees to perform better and engages leaders to advance their organizations? people strategies. Career Opportunities: Involve the plan for employees to advance their career goals.