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Title:

CSR Glossary (by subject).

 

Date of Edition:

May 2005.

 

Framework:

The CSR Glossary is a product of the Pilot Project “CSR/SMEs – Promoting Social Responsibility in Small and Medium-Sized Enterprises”, supported by the European Commission through the Leonardo da Vinci Program.

This document reflects only the views of the authors and the Commission cannot be held responsible for any use which may be made of the information contained therein.

 

More Information:

You can find more information about the project at the partners’ websites or contact them by e-mail at:

COUNTRY

WEBSITE

E-MAIL

Portugal

www.cecoa.pt

estudos@cecoa.pt

Austria

www.fofos.at

csr@fofos.at

Estonia

www.geomedia.ee

geomedia@geomedia.ee

Hungary

www.lavida.hu

a.kenyeres@lavida.hu

Italy

www.frareg.it

info@frareg.com

The Netherlands

www.huesken.nl

info@huesken.nl

 


 

Introduction

This CSR Glossary contains 182 entries, divided in 12 different subjects. If you are interested in one particular subject, you can access it directly by placing the cursor over it on the list of subjects presented below and pressing “control+enter”.

In the items where we indicate 2 different sources, the first one is the original source and the one between brackets is the source from where the chosen definition was taken.

Whenever possible, we also present the websites from where the definitions were taken and websites related to each one of the items. We believe this will give the users access to lots of extra information and encourage them to proceed with further research.

 

List of Subjects

A)         [BE]       Business Ethics (12 items)

B)         [CI]       Community Involvement (10 items)

C)         [CSRF]   CSR Framework (20 items)

D)         [Env]     Environment (18 items)

E)          [HR]      Human Rights  (15 items)

F)          [HRM]   Human Resources Management (11 items)

G)         [HSW]   Health and Safety at Work (13 items)

H)         [LLE]     Lifelong Learning / Employability (21 items)

I)           [OIG]     Organisations / Initiatives / Guidelines (23 items)

J)           [SAR]    Standards, Auditing and Reporting  (24 items)

K)         [SPC]     Sustainable Production / Consumption (7 items)

L)          [SRI]     Socially Responsible Investment  (8 items)


 


#

SUBJECT

ACRONYM

ITEM

DEFINITION

SOURCE

WEBSITE

23

[BE]

 

Code of Conduct

Formal statement of the values and business practices of a company and sometimes its suppliers.

 

Comment: it’s a statement of minimum standards together with a pledge by the company to observe them and to require its contractors, subcontractors, suppliers and licensees to observe them.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

24

[BE]

Coe

Code of Ethics

Such standards as are reasonably necessary to promote (1) honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; (2) full, fair, accurate, timely, and understandable disclosure in the periodic reports required to be filed by the issuer; and (3) compliance with applicable governmental rules and regulations.

The Sarbanes-Oxley Act, Section 406(c)

http://www.sarbanes-oxley.com/displaysection.php?level=2&pub_id=Sarbanes-Oxley&chap_id=PCAOB4&message_id=30

27

[BE]

 

Conflict of Interest

Situation in which a person is in a position of trust that requires her to exercise judgment on behalf of others (people, institutions, etc.) and also has interests or obligations of the sort that might interfere with the exercise of her judgment, and which the person is morally required to either avoid or openly acknowledge.

Ethics Resource Center - Glossary

http://www.ethics.org/glossary.html

32

[BE]

CG

Corporate Governance

The system by which business corporations are directed and controlled. A set of relationships between a company’s management, its board, its shareholders and other stakeholders.

 

Comment: corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined.

OECD Principles of Corporate Governance,  2004

http://www.oecd.org/department/0,2688,en_2649_34813_1_1_1_1_1,00.html

37

[BE]

 

Corruption

Misuse of entrusted power for private gain.

Transparency International

http://www.transparency.org/faqs/faq

42

[BE]

 

Deontology

Any position in ethics which claims that the rightness or wrongness of actions depends on whether they correspond to our duty or not.

(Derived from the Greek word for duty, deon.)

University of san Diego, California

http://ethics.sandiego.edu/Glossary.html

69

[BE]

 

Ethics

A branch of philosophy that studies and recommends the fundamental principles and basic concepts of what is considered morally good and bad, right and wrong in human conduct.

(Derived from the Greek word ethos, meaning "way of life")

Bentley college, Massachusetts

http://ecampus.bentley.edu/dept/ph/ethicsglossary.html

96

[BE]

 

Insider Trading

Trading by officers, directors, major stockholders, or others who hold private inside information allowing them to benefit from buying or selling stock.

Yahoo! Financial Glossary

http://biz.yahoo.com/glossary/bfglosi.html

112

[BE]

 

Mission Statement

A statement of the role, or purpose, by which an organisation intends to serve its stakeholders. It describes what the organisation does (current capabilities), who it serves (stakeholders), and what makes the organisation unique (justification for existence).

 

Comment: mission statements always exist at the top level of an organisation, but may also be set for different organisational levels or components.

CECOA, 2005

CSR/SME Project

 

168

[BE]

 

Transparency

A principle that allows those affected by administrative decisions, business transactions or charitable work to know not only the basic facts and figures but also the mechanisms and processes.

 

Comment: it is the duty of civil servants, managers and trustees to act visibly, predictably and understandably.

Transparency International

http://www.transparency.org/faqs/faq-corruption.html#faqcorr1

174

[BE]

 

Values

The core beliefs we hold regarding what is right and fair in terms of our actions and our interactions with others.

Ethics Resource Center Glossary

http://www.ethics.org/glossary.html

176

[BE]

 

Vision Statement

A document that describes where the organisation intends to be in the future or where it should be to best meet the needs of stakeholders. It incorporates a shared understanding of the nature and purpose of the organisation and uses this understanding to move the organisation toward a greater purpose.

CECOA, 2005

CSR/SME Project

 

13

[CI]

 

Capacity Building

(1) The development of an organisation's core skills and capabilities, such as leadership, management, finance and fundraising, programs and evaluation, in order to build the organisation's effectiveness and sustainability.

(2) The process of assisting an individual or group to identify and address issues and gain the insights, knowledge and experience needed to solve problems and implement change.

 

Comment: capacity building is facilitated through the provision of technical support activities, including coaching, training, specific technical assistance and resource networking.

The California Wellness Foundation (Ethics Resource Center Glossary)

http://www.tcwf.org/reflections/2001/april/index.htm

16

[CI]

 

Cause-related Marketing

A commercial activity by which businesses and charities or causes form a partnership to market an image, product or service for mutual benefit

Business in the Community

http://www.bitc.org.uk/resources/toolkit/marketplace/

31

[CI]

 

Corporate Foundation

Private foundation that receives it’s funding from the for-profit company whose name it bears but is legally an independent entity.

 

Comment: corporations may establish foundations with initial endowments then make periodic contributions — generally based on a percentage of the company’s profit — to the foundation, or combine both methods to provide the foundation’s resources.

The Dorothy A. Johnson Center for Philanthropy & Nonprofit Leadership,

Nonprofit good practice guide – complete glossary

http://www.nonprofitbasics.org/CompleteGlossary.aspx?ID=-1&curLetter=C

35

[CI]

 

Corporate Volunteering

Businesses supporting and encouraging staff involvement in the community.

The Wellington Volunteer Centre

http://www.ozvpm.com/resourcebank/documents/CO48-CorporateVolunteering-thepotentialandthewayforwardDarrenQuirk.doc

47

[CI]

 

Donation

An unconditional transfer of cash or other assets to an entity or a cancellation of the entity's liabilities in a voluntary, nonreciprocal transfer by another entity.

Campaign Consultation, Inc. (USA)

Complete Glossary

http://www.sustainabilityonline.com/HTML/general_glossary.html

58

[CI]

 

Employee Community Involvement

See Corporate Volunteering.

 

 

59

[CI]

 

Employee Matching Gift

A contribution to a charitable organisation by a corporate employee that is matched by a similar contribution from the corporation.

(Also termed as “employee matching grant”)

The Dorothy A. Johnson Center for Philanthropy & Nonprofit Leadership,

Nonprofit good practice guide – complete glossary

http://www.nonprofitbasics.org/CompleteGlossary.aspx?ID=-1&curLetter=E

104

[CI]

 

Learning Community

A community that promotes a culture of learning by developing effective local partnerships between all sectors and supports and motivates individuals and organisations to learn.

CEDEFOP, Terminology of vocational training - Glossary, 2003

http://www2.trainingvillage.gr/etv/publication/download/panorama/4030_6k.pdf

157

[CI]

 

Solidarity

A feeling or condition of unity based on common goals, interests, and sympathies among a group's members.

Fields of hope

www.fieldsofhope.org/resources/glossary.asp

159

[CI]

 

Sponsorship

A transaction between two parties in which financial consideration is exchanged for purchase of a tangible such as advertising, signage or event participation.

 

Comment: he funds usually come from the marketing budget with an expectation for a marketing return.

Grantstream Company, Glossary of Community Investment Terms

http://www.grantstream.com/glossary.htm

11

[CSRF]

 

Business Case

The outcome of cost-benefit analysis weighting up commercial gains against the losses incurred by a course of action undertaken by a company.

 

Comment: it is commonly adopted to refer to the positive business rationale for working in the public interest and includes direct and indirect impacts over the long run.

IPPR - Institute for Public Policy Research (UK), A new agenda for business

(SME Key Glossary)

http://www.smekey.org/english_lan/glossary1/

20

[CSRF]

CC

Civil Society

A “third sector” of society besides the State and the market, embracing institutions, groups and associations (either structured or informal), which may act as mediator between citizens and public authorities.

CEDEFOP, Terminology of vocational training - Glossary, 2003

http://www2.trainingvillage.gr/etv/publication/download/panorama/4030_6k.pdf

30

[CSRF]

CC

Corporate Citizenship

The management of the totality of relationships between a company and its host communities, locally, nationally and globally.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

33

[CSRF]

CSR

Corporate Social Responsibility  (or Corporate Responsibility)

A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

34

[CSRF]

 

Corporate Sustainability

Alignment of organisation's products and services with stakeholder expectations, thereby adding economic, environmental and social value.

Price WaterhouseCoopers (MHC International)

http://www.mhcinternational.com/

103

[CSRF]

 

Labour Union

See Trade Union.

 

 

116

[CSRF]

NGO

Non-governmental Organisation

A catch-all phrase to describe pressure groups and non-profit organisations.

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

136

[CSRF]

 

Responsible Entrepreneur-ship

A concept put forward by the United Nations which recognises the business role for the accomplishment of sustainable development and that companies can manage theirs operations in such a way as to enhance economic growth and increase competitiveness whilst ensuring environmental protection and promoting social responsibility.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

139

[CSRF]

 

Risk

A measure of the probability that damage to life, health, property, and/or the environment will occur as a result of a given hazard.

 

Comment: Risk is measured in terms of impact and likelihood.

CECOA, 2005

CSR/SME Project

 

140

[CSRF]

 

Risk Assessment

A formal estimation of the likelihood of suffering damage as a result of identified hazards.

EDP UK Glossary

(adapted)

http://www.edp-uk.com/glossaries/terms.htm

141

[CSRF]

 

Risk Management

The introduction of change or control measures with the intention of eliminating or bringing the level of risk associated with a hazard within acceptable limits.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

146

[CSRF]

SME

Small and Medium-sized Enterprises

Small and medium-sized enterprises having fewer than 250 employees and either an annual turnover less than €50 million or an annual balance-sheet total not exceeding €43 million.

(As of January 1st, 2005)

European Commission Recommendation 2003/361/EC, 6 May 2003

http://europa.eu.int/comm/enterprise/enterprise_policy/sme_definition/index_en.htm

149

[CSRF]

 

Social Capital

The stock of shared meaning and trust in a given community.

 

Comment: social capital is a prerequisite for cooperation and organized human behaviour, including business. It can be transformed, consumed or replenished, just like financial capital.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

150

[CSRF]

 

Social Dialogue

A process of exchange between social partners to promote consultation, dialogue and collective bargaining.

CEDEFOP, Terminology of vocational training - Glossary, 2003

http://www2.trainingvillage.gr/etv/publication/download/panorama/4030_6k.pdf

152

[CSRF]

 

Social Inclusion

The integration of individuals – or groups – into society as citizens or as members of various public social networks.

 

Comment: social inclusion is fundamentally rooted in labour market or economic inclusion.

CEDEFOP, Terminology of vocational training - Glossary, 2003

http://www2.trainingvillage.gr/etv/publication/download/panorama/4030_6k.pdf

154

[CSRF]

 

Social Partners

Stakeholders’ organisations involved in a process of social dialogue (employers’ associations, trade unions, public authorities and/or representatives of civil society, NGOs, etc).

CEDEFOP, Terminology of vocational training - Glossary, 2003 (adapted)

http://www2.trainingvillage.gr/etv/publication/download/panorama/4030_6k.pdf

160

[CSRF]

 

Stakeholder

An individual, community or organisation that affects or is affected by some aspect of an organisation’s products, operations, markets, industries, and outcomes.

 

Comment: stakeholders may be internal (for example, employees) or external (for example, customers, suppliers, shareholders, financiers, trade unions, ONGs, the media, the government or the local community).

Green Paper

European Commission 2001 (adapted)

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

166

[CSRF]

TU

Trade Union

An organisation of workers that promotes and protects the interests of its members in issues such as wages and working conditions, especially through negotiations with employers.

Fields of hope

www.fieldsofhope.org/resources/glossary.asp

169

[CSRF]

TBL

Triple Bottom Line

The idea that the overall performance of a company should be measured based on its combined contribution to economic prosperity, environmental quality and social capital.

 

Comment: the term ‘triple bottom line’ (TBL) was coined by John Elkington and made popular through his book ‘Cannibals with Forks’ (1997). Its finding increasing and widespread international acceptance within the corporate community and transforming corporate reporting practices: corporations tend to no longer report only on the economic value they add, but also on the environmental and social value they add – and destroy. At its narrowest, TBL is used as a framework for measuring and reporting corporate performance against economic, social and environmental parameters. At its broadest, is used to capture the whole set of values, issues and processes that companies must address in order to minimize any harm resulting from their activities and to create economic, social and environmental value.

Green Paper

European Commission, 2001; SustainAbility

(SME Key Glossary)

http://www.smekey.org/english_lan/glossary1/

170

[CSRF]

PPP

Triple P

Short expression of “triple bottom line” referring to the three P’s of people, planet and profit.

 

Comment: sustainable development involves the simultaneous pursuit of social equity, environmental quality and economic prosperity.

Triple P Performance Centre

(SME Key Glossary)

http://www.smekey.org/english_lan/glossary1/

10

[Env]

 

Biodiversity

The variability among living organisms from all sources, i.e. terrestrial, marine, and other aquatic ecosystems and the ecological complexes of which they are part. This includes diversity within species, between species and of ecosystems. (A contraction of biological diversity)

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

14

[Env]

CO2

Carbon Dioxide

A greenhouse effect gas that contributes to global warming.

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

19

[Env]

CFCs

Chlorofluorocarbons

Man-made gases commonly used as solvents, aerosols and refrigerants that deplete the ozone layer.

 

Comment: CFCs are chemically inert but on entry to the upper atmosphere can decompose and attack (deplete) the Earth’s ozone layer in the upper atmosphere. Damage to the ozone layer lets more ultra violet rays through to reach the planet's surface, leading to an increase in skin cancers in animals and humans, and damage to vegetation.

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

21

[Env]

 

Climate Change

See Global Warming.

 

 

52

[Env]

 

Eco-efficiency

The concept that improving the way in which resources are used can reduce environmental damage and reduce costs.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

53

[Env]

 

Eco-efficiency Indicator

Indicator that relates environmental pressures to human activities. These indicators provide insight in the efficiency of products and processes: efficiency in terms of the resources used and the emissions and waste generated per unit of output.

European Environment Agency Glossary

http://glossary.eea.eu.int/EEAGlossary/

56

[Env]

 

Eco-tax

Tax with a potentially positive environmental impact, hence comprising energy taxes, transport taxes and taxes on pollution and resources.

(Also called environmental tax)

European Environment Agency Glossary

http://glossary.eea.eu.int/EEAGlossary/

60

[Env]

EMS

Environment Management System

A systematic approach to managing and reducing an organisation’s environmental impacts through a process of continuous improvement. It requires inventories of releases to the environment; inventories of legislative and regulatory requirements; assessment of environmental effects; target and objective setting for improvements; management plans; audits; verification and training.

J Sainsbury plc Glossary

http://europa.eu.int/comm/environment/emas/

61

[Env]

EIA

Environmental Impact Assessment

Analysis of the impact of a business project or operation on the environment.

EIA is a technique used for identifying the environmental effects of development projects.

 

Comments: an EIA requires a scoping study to be undertaken in order to focus the assessment. This can be carried out in the field or as a desk study depending on the nature/scale of the project.

As a result of Directive 85/337/EEC (as amended 1997), this is now a legislative procedure to be applied to the assessment of the environmental effects of certain public and private projects which are likely to have significant effects on the environment.

Green Paper CSR European Commission,

2001;

European Environment Agency Glossary

(adapted)

http://glossary.eea.eu.int/EEAGlossary/

62

[Env]

EIS

Environmental Impact Study

Survey conducted to ascertain the conditions of a site prior to the realisation of a project, to analyse its possible impacts and compensative measures.

European Environment Agency Glossary

http://glossary.eea.eu.int/EEAGlossary/

84

[Env]

 

Global Warming

Changes in the world’s climate caused by increased concentration of greenhouse gases (particularly carbon dioxide) in the atmosphere.

The term is sometimes used interchangeably with climate change.

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

86

[Env]

 

Greenhouse Effect

Warming of the atmosphere due to the reduction in outgoing solar radiation resulting from concentrations of gases such as carbon dioxide.

European Environment Agency - Glossary

http://glossary.eea.eu.int/EEAGlossary/

87

[Env]

 

Halons

Inert gases that are used primarily for fire extinguishing in IT installations.

 

Comment: their ozone damage potential relative to CFC's is three to 10 times greater.

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

122

[Env]

 

Ozone Hole

A sharp seasonal decrease in stratospheric ozone concentration that occurs over Antarctica in the spring. First detected in the late 1970s, the ozone hole continues to appear as a result of complex chemical reaction in the atmosphere that involves CFCs.

European Environment Agency Glossary

http://glossary.eea.eu.int/EEAGlossary/

123

[Env]

 

Ozone-depleting Substances

Manmade chemicals that deplete the ozone layer.

 

Comment: the ozone layer is essential to human survival because it filters out harmful ultra-violet rays (e.g. CFCs, HCFCs and halons).

J Sainsbury plc Glossary

http://www.j-sainsbury.com/csr/index.asp?pageid=95

129

[Env]

 

Precautionary Principle

Approach recommended where there are threats of serious or irreversible damage: lack of full scientific certainty should not be used as a reason for postponing cost-effective measures to prevent environmental degradation.

Agenda 21, Principle 15

http://www.un.org/esa/sustdev/documents/agenda21/index.htm

132

[Env]

RRR

Reduce, Reuse,

Recycle

The best way to produce less waste is by practicing the 3 Rs:

Reduce the amount and toxicity of trash you discard.
Reuse containers and products; repair what is broken or give it to someone who can repair it.
Recycle as much as possible, which includes buying products with recycled content.

US Environmental Protection Agency

http://www.epa.gov/epaoswer/non-hw/muncpl/reduce.htm

164

[Env]

SD

Sustainable Development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

 

The Brundtland Report, UN World Commission on Environment and Development, 1987

http://www.brundtlandnet.com/brundtlandreport.htm

17

[HR]

 

Child

Any person less than 15 years of age, unless local minimum age law stipulates a higher age for work or mandatory schooling, in which case the higher age would apply. If, however, local minimum age law is set at 14 years of age in accordance with developing-country exceptions under ILO Convention 138, the lower age will apply.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

18

[HR]

 

Child Labour

Any work by a child younger than the age(s) specified in the above definition of a child, except as provided for by ILO Recommendation 146.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

41

[HR]

 

Debt-bondage

Occurs when, in return for a money advance or credit, a person, having nothing else to offer, pledges his/her labour or that of a child for an indefinite period of time.

 

Comment: in many cases a parent pledges the labour of his/her entire family in order to get a loan. In other cases just the child is subjected to bondage by parents or a guardian who pledge the child's labour in exchange for a loan. Technically, bonded labourers can end their state of servitude once the debt is repaid, but this rarely happens.

Fields of hope

www.fieldsofhope.org/resources/glossary.asp

46

[HR]

 

Discrimination

Different treatment given to people in hiring, remuneration, access to training, promotion, termination or retirement based on race, caste, national origin, religion, disability, gender, sexual orientation, union membership, political affiliation or age.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

63

[HR]

 

Equal Opportunities

Employer's adoption of employment practices that do not discriminate on the basis of race, colour, religion, sex or national origin.

The opposite of Discrimination.

CECOA, 2005

CSR/SME Project

 

73

[HR]

 

Exploitation

The selfish or unfair using of someone or something for one's own advantage. Abuse.

Fields of hope

www.fieldsofhope.org/resources/glossary.asp

78

[HR]

 

Forced Labour

All work or service that is extracted from any person under the menace of any penalty for which said person has not offered him/herself voluntarily or for which such work or service is demanded as a means of repayment of debt.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

92

[HR]

HR

Human Rights

A set of principles defined in the Universal Declaration of Human Rights (1948), based on the recognition of the inherent dignity and the equal and inalienable rights of all members of the human family as the foundation of freedom, justice and peace in the world.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/employment_social/soc-dial/csr/greenpaper.htm

111

[HR]

 

Minority

Those people who, for ethnic, religious, cultural, language or other reasons are in a condition of numeric inferiority in relation to others, being potentially disadvantaged.

Project CSR – SC Glossary , Italy, 2003

 

128

[HR]

 

Positive Discrimination

Measures that specifically favour a particular category of people – women, disabled, minorities, etc. – in order to make up for their consistent under-representation in society.

CECOA, 2005

CSR/SME Project

 

133

[HR]

 

Remedial Action

Action taken to make amends to a worker or former employee for a previous violation of a worker’s rights.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

134

[HR]

 

Remediation of Children

All necessary support and actions to ensure the safety, health, education and development of children who have been subjected to child labour and are dismissed.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

165

[HR]

 

Sweatshop

A business with bad working conditions, such as low wages, long hours, few safety and health protections, and child labour.

Fields of hope

www.fieldsofhope.org/resources/glossary.asp

178

[HR]

 

Wage Level Definitions

CREA has developed the following definitions of levels of wages.  While other levels are possible, CREA has found that in discussions about wages, it is helpful to arrive at an acceptance of these definitions of terms.

Level 1: Marginal Survival Wage

Level 2: Basic Survival Wage

Level 3: Short Range Planning Wage

Level 4: Sustainable Living Wage

Level 5: Sustainable Community Wage

Center for Reflection, Education and Action

http://www.crea-inc.org/definiti.htm

182

[HR]

 

Young Worker

Any worker over the age of a child as defined above and under the age of 18.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

25

[HRM]

 

Compensation Package

The total array of money (wages, salary, commissions), incentives, benefits, perquisites, and awards provided to an employee by an organisation.

Organisation behaviour resource centre, Houghton Mifflin College & University, Canada

http://www.nelson.com/nelson/hmcanada/ob/glossary.html

49

[HRM]

 

Downsizing

A reduction in the staffing requirements of businesses because of competitive pressures or the need to increase the profitability of the business by cutting costs.

INTOSAI Working Group on the Audit of Privatisation – Glossary (adapted)

http://www.nao.org.uk/intosai/wgap/glossary.htm

79

[HRM]

 

Fringe Benefit

Remuneration in kind, consisting in the enjoyment of a service or object: e.g. the company’s cafeteria, luncheon vouchers, company car, mobile phone, lodging, healthcare, insurance, etc.

Project CSR – SC Glossary , Italy, 2003

 

91

[HRM]

 

Home Worker

A person who carries out work for a company under direct or indirect contract, other than on a company’s premises, for remuneration, which results in the provision of a product or service as specified by the employer, irrespective of who supplies the equipment, materials or other inputs used.

SA8000:2001 Standard

http://www.sa-intl.org/Document%20Center/Documents.htm

93

[HRM]

 

Incentive Systems

Plans in which employees can earn additional compensation in return for certain types of performance.

Organisation behaviour resource centre, Houghton Mifflin College & University, Canada

http://www.nelson.com/nelson/hmcanada/ob/glossary.html

121

[HRM]

 

Outplacement

The act of counselling terminated executives and middle management individuals through a process of analyzing their abilities, counselling them on how to prepare a resume, assessing career choices and helping them find new work.

 

Comment: the service is usually paid for by the employer who is down sizing; although, a practice is evolving where the individual pays for part or all of the service.

American Insite,

Career profile glossary

http://www.careerprofile.com/faq's/a_few_terms.htm

126

[HRM]

 

Pension Plan

A qualified benefit plan set up by a corporation, government, labour union, or other organisation to pay retirement benefits to its employees.

The Dorothy A. Johnson Center for Philanthropy & Nonprofit Leadership, Grand Valley State University

http://www.nonprofitbasics.org/CompleteGlossary.aspx?ID=-1&curLetter=P

127

[HRM]

 

Performance Measurement (or performance appraisal or performance evaluation)

The process by which someone (1) evaluates an employee's work behaviours by measurement and comparison with previously established standards, (2) documents results, and (3) communicates the results to the employees.

Organisation behaviour resource centre, Houghton Mifflin College & University, Canada

http://www.nelson.com/nelson/hmcanada/ob/glossary.html

138

[HRM]

 

Reward System

A system that consists of all organisational components, including people, pro-cesses, rules and procedures, and decision-making activities, involved in allocating compensation and benefits to employees in exchange for their contributions to the organisation.

Organisation behaviour resource centre, Houghton Mifflin College & University, Canada

http://www.nelson.com/nelson/hmcanada/ob/glossary.html

179

[HRM]

 

Workforce Diversity

The similarities and differences in such characteristics as age, gender, ethnic heritage, physical abilities and disabilities, race, and sexual orientation among the employees of organisations.

Organisation behaviour resource centre, Houghton Mifflin College & University, Canada

http://www.nelson.com/nelson/hmcanada/ob/glossary.html

180

[HRM]

WLB

Work-life Balance

Having a measure of control over when, where and how you work, leading to being able to enjoy an optimal quality of life.

 

Comment: work-life balance is achieved when an individual’s right to a fulfilled life inside and outside paid work is accepted and respected as the norm, to the mutual benefit of the individual, business and society.

Employers for work- life balance

www.employersforwork-lifebalance.org.uk/

1

[HSW]

 

Accident

An undesired event resulting in death, injury, damage to health, damage to property or other form of loss.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

45

[HSW]

 

Disability

Limitation or loss (incidental to impairment) of the ability to carry out an activity in the way or to the extent considered as normal.

Project CSR – SC Glossary, Italy, 2003

 

64

[HSW]

 

Ergonomics

The application of information about human characteristics to design applications, e.g. equipment, tools, work tasks, with the aim of improving safety and efficiency.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

75

[HSW]

 

Fatigue

Transient reduced ability to work as a result of previous activity, resulting in reduced efficiency.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

77

[HSW]

 

Fire Prevention

Precautions designed to avoid an outbreak of fire, reduce the potential for fire to spread and safeguard persons and property in the event of fire.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

88

[HSW]

 

Hazard

Potential for harmful effects.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

90

[HSW]

HSP

Health and Safety Policy

A statement of an organisation’s strategy for achieving a safe and healthy working environment and the responsibility, organisation and arrangements for pursuing and implementing the strategy.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

94

[HSW]

 

Incident

 (or near miss)

A generic term for those events that do not cause harm but which might have done so under different circumstances.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

109

[HSW]

MDSS

Material Data Safety Sheet

Document that contains information on the hazards associated with a chemical, along with guidance on its safe use.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

115

[HSW]

 

Negligence

Lack of proper care and attention whereby a person or an organisation acts or fails to act in a way that is considered unreasonable from a health and safety point of view.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

130

[HSW]

PM

Preventive Maintenance

Maintenance (including inspection, cleaning, and repair) of equipment on a regular basis that is sufficient to prevent unplanned failure.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

142

[HSW]

 

Safety Committee

A committee that promotes health and safety in the workplace, with members representing employees and management from all sections of an organisation.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

162

[HSW]

 

Stress

The physical and emotional responses arising when there is a mismatch between the demands of a job and the capabilities/resources of the worker.

 

Comment: such responses are often harmful, leading to health and safety related problems, for example; depression, cardiovascular disease, musculo-skeletal disorders and an increased tendency to be accident-prone. Typical work-related stress factors are cited as fear of job loss, ineffective management, excessive workloads and technological change.

EDP UK Glossary

http://www.edp-uk.com/glossaries/terms.htm

7

[LLE]

 

Apprenticeship

Systematic, long-term training alternating periods in a school or training centre and at the workplace; the apprentice is contractually linked to the employer and receives remuneration (wage or allowance). The employer assumes responsibility for providing the trainee with training leading to a specific occupation.

CEDEFOP, Terminology of vocational training - Glossary, 2003