Vocabulary, Chapter 10


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objective

a goal one would like to reach in the future

further education

organised learning after completion of one’s professional education or training

job interview

meeting between a job seeker and employer when applying for a job

pay-as-you-go scheme

type of financing where insurance premiums of the insured are paid to today's pensioners (e.g., OASI)

structural unemployment

unemployment, where the unemployed individuals qualifications do not match the specified requirements of a job offer

job market

a job exchange, for example, an Internet platform or a newspaper section devoted to advertising open positions at different companies

situation analysis

establishing career-path development in order to realise plans and goals (careers)

social partners

cooperation/ collaboration between employees' and employers' associations or unions

social welfare

contribution-dependent service the state provides when a person has financial difficulties due to specific circumstances (livelihood security)

pillar 3b

unrestricted pension provision; part of the third pillar that includes all forms of asset building and generally does not benefit from tax concessions

pillar 3a

fixed pension provision; part of the third pillar pension with tax concessions and in which annually a fixed sum is paid into the pension fund

seasonal unemployment

unemployment due to seasonal fluctuations in supply and demand on the labour market; e.g. in tourism, in construction

regional employment agency

office that offers assistance in case of unemployment and for job placement

reference

a person or point that is contacted on your behalf to provide an assessment of you orto provide a recommendation

priority

how you position something within a specific ranking order, indicating what must be done first or needs more attention than anything else

portfolio

folder or binder which contains a compilation of documents (e.g. proof of advanced training, performance certificates, notes on the development of a work process in which you were involved)

wrongful dismissal/termination

termination of a employment relationship due to inadmissible reasons, e.g. due to skin colour, sex or revenge

termination during a barred period

termination of employment contract during a period where termination is not allowed (e.g. during maternity, illness/injury)

termination

one-sided declaration that a contractual relationship has ended

cyclical unemployment

unemployment which occurs during an economic downturn as there are more unemployed people than vacancies due to low aggregate demand

capital cover system

type of financing in which the insured's contributions are individually ascribed to an account, managed in an interest-bearing manner and repaid at the end of the insurance period (e.g. pensions)

collective labour agreement (CLA)

a contract between unions or employees' associations and employer associations on the work conditions in a specific branch

Individual employment contract

contract in which an employee commits to provide the employer with work or work force in exchange for monetary wages

three pillar pension system

Swiss pension system that is based on three pillars and covers old age, death and invalidity

demography

study of the development and structure of populations

burnout

physical or mental collapse due to professional or family related overwork and stress

application

a formal/written request for employment or vocational training

expiration of public benefits

termination of an insurance's service obligation to an insured person (e.g. unemployment insurance)

employment reference

a document issued by an employer, providing information on performance and behaviour of an employee

unemployment

condition when someone wants to but cannot find employment

curriculum vitae

a short account of one's career and qualifications, typically prepared by an applicant for a position

employee

a person who is bound by a contract to work in exchange for financial compensation

employer

a person, business, firm, etc., that employs workers