IELTS

The phrase "to subsidise" means to support financially or to help pay for something.

Example: The government decided to subsidise public transportation to make it cheaper for everyone.

Work/life balance is about managing your job and personal life effectively.

Example: Maintaining work/life balance, Lisa leaves work by 5 PM to enjoy her evenings.

Meaning: Pay increments are salary increases for employees.

Example: Tom got a 5% pay increment, raising his salary from $50,000 to $52,500.

Meaning: Perks are additional benefits or advantages offered to employees beyond their regular salary.

Example: The company offers perks like free gym memberships and flexible working hours.

Meaning: Bonuses are extra payments given to employees as a reward for performance or as an incentive.

Example: At the end of the year, employees received a bonus of $1,000 for meeting sales targets.

Meaning:  rewards or benefits designed to motivate employees to achieve specific goals or improve performance.

Example: The company provides incentives like cash rewards for employees who exceed their sale targets.

Meaning: Job satisfaction is how happy employees are with their work.

Example: Maria feels job satisfaction because she enjoys her tasks.

Meaning: Career progression is the advancement or growth in a person's job or career over time.

Example: After five years, John achieved career progression by moving from an entry-level position to a managerial role.

Meaning: Job prospects refer to the likelihood of finding employment or advancing in a career.

Example: Graduates in technology have strong job prospects due to high demand in the industry.

Meaning: The workforce refers to the group of individuals engaged in or available for work.

Example: The workforce in the tech industry is rapidly expanding due to increased demand for skilled workers.