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Explain each of the following terms: (i) CV (ii) Benefits-in-kind (iii) Equal opportunities - Leaving Cert Business - Question A - 2006
Question A
Explain each of the following terms: (i) CV (ii) Benefits-in-kind (iii) Equal opportunities
Worked Solution & Example Answer:Explain each of the following terms: (i) CV (ii) Benefits-in-kind (iii) Equal opportunities - Leaving Cert Business - Question A - 2006
Step 1
CV
Answer
A CV, or Curriculum Vitae, is a detailed document that outlines an individual's professional and educational background. It typically includes personal information, work experience, education qualifications, skills, and relevant accomplishments. A well-structured CV is essential for job applicants as it presents their qualifications and experiences to potential employers, allowing them to assess the suitability of the candidate for a specific position.
Step 2
Benefits-in-kind
Answer
Benefits-in-kind refer to non-monetary rewards that employers provide to employees as part of their compensation package. These can include perks such as gym memberships, subsidized meals, company cars, or health insurance. Such benefits enhance employee satisfaction and retention by providing additional value beyond salary, thus encouraging a more engaged and loyal workforce.
Step 3
Equal opportunities
Answer
Equal opportunities is a principle that promotes fair treatment and discrimination-free practices in the workplace. All applicants and employees should be considered equally, without regard to characteristics such as gender, race, religion, or other personal attributes. This principle is essential for fostering a diverse and inclusive work environment, ensuring that all individuals have an equal chance to succeed based on their abilities and qualifications.