Canadian Financial, Real Estate and Mortgage Glossary

Employment Terms

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RepresentativeYear-Work Unit
accelerating-inflation rate of unemployment (AIRU)Acronym
  ➥  In relation to inflation and economics.
active labour market policy (ALMP)Acronym
advance (adv)Abbreviation (Abbreviation)
age-adjusted unemployment rate (AAUR)Acronym
agricultural price deflator (APD)Acronym
Alberta Family Employment Tax Credit (AFETC)Alberta, Canada
A program funded by the Government of Alberta to help low to middle income working families provide for their children.
  ➥  Alberta tax credit.
annual work unit (AWU)Acronym
average production worker (APW)Acronym
Canadian Labour and Business Centre (CLBC)Company, Canada
  ➥  Dissolved due to budget cuts.
cost-of-living allowance (COLA)Acronym
dual income, no kids (DINK)Acronym
employee assistance program (EAP)Acronym
employee purchase program (EPP)Acronym
employee share scheme (ESS)Acronym
employee stock ownership plan (ESOP)Acronym
employer stop loss (ESL)Acronym
employers liability insurance (ELI)Definition (Insurance)
Insurance purchased to cover businesses for liability from workplace accidents.
Employment Equity Act (EEA)Canada
A federal statute that requires employers with 100 or more employees to eliminate any practices in the workplace discriminating against four designated groups of people who have historically been disadvantaged in the labour market: women; people who, by reason of race or colour, are members of visible minority groups; aboriginal peoples; and persons with disabilities.
Employment Equity Data Bank (EEDB)Canada
employment insurance (EI)Canada
A Service Canada program where premiums are paid by taxpayers and benefits are provided for the unemployed.
  ➥  Formerly known as Unemployment Insurance (UI).
employment practices liability insurance (EPLI)Acronym
equal opportunity employer (EOE)Acronym
equilibrium rate of unemployment (ERU)Acronym
essential facilities doctrine (EFD)Acronym
experienced worker standard (EWS)Acronym
guaranteed annual wage (GAW)Acronym
Health and Welfare Trust (HWT)Definition (Taxation, Insurance, Financial-banking)
A method for employers to offer their employees tax-free health benefits.
health maintenance organization (HMO)Definition (Insurance)
A healthcare plan where insured people receive reasonably priced health insurance through an organization with firm guidelines on the scope of care.
highly compensated employee (HCE)Acronym
An employee who owns, directly or indirectly, more than 5 per cent of their business regardless of compensation.
human resource management (HRM)Acronym
International Classification of Status in Employment (ISCE)Acronym
International Labour Office (ILO)Acronym
International Labour Organization (ILO)Acronym
International Organization for Migrations (IOM)Acronym
International Standard Classification of Occupations (ISCO)Acronym
labour-sponsored venture capital corporation (LSVCC)Acronym
local employment initiatives (LEI)Acronym
lowest sustainable rate of unemployment (LSRU)Acronym
managed care organization (MCO)Acronym
natural rate of unemployment (NRU)Acronym
non-accelerating inflation rate of unemployment (NAIRU)Acronym
  ➥  NAIRU is also sometimes referred as a "long-run Phillips curve".
non-accelerating wage rate of unemployment (NAWRU)Acronym
on-the-job training (OJT)Acronym
per week (pw)Abbreviation (Abbreviation)
Performance Planning and Review (PPR)Acronym
private health services plan (PHSP)Canada
A method for businesses to provide health benefits for their employees that is both tax deductible for the business and non taxable for the employee.
  ➥  Provides tax-deductible health and dental benefits in Canada.
public employment service (PES)Acronym
quality of working life (QWL)Acronym
receptionist (Recept)Abbreviation (Abbreviation)
references required (ref req, refs req, refs reqd)Abbreviation (Abbreviation)
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