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21 Cards in this Set
- Front
- Back
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Extrinsic Rewards |
Rewards realized off the job: pay, benefits, prestige, etc. |
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Occupational Prestige |
The respect granted by others to an occupation |
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Institutional Prestige |
The respect granted by others to the particular organization for which you work |
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Instrumental Orientation |
The view that the purpose of work is simply to provide the means to satisfy one's material needs and desires; viewing one's work as offering only extrinsic rewards; the view that work is only a necessary means to income, etc. |
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Defined benefit pension |
A type of pension plan in which an employer promises a specified monthly payment on retirement based, usually, on the employee's earnings, years of service and age; in the private sector defined benefit plans have traditionally been funded solely by employer contributions |
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Defined Contribution Pension |
A type of pension (401K) in which the employer, employee or both make periodic contributions to an individual employee's retirement account; these funds are invested and the total benefit to the employee at retirement is equal to the amount invested and interest/dividends, etc. (if any) that have accrued |
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Intrinsic Rewards |
Rewards realized while at work: e.g: autonomy, positive sociality,esteem, etc. |
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Progressive Taxation |
A "graded" tax system in which those with higher incomes pay higher percentages in taxes (e.g. income taxes) |
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Regressive Taxation |
A tax (e.g. property taxes, excise taxes & sales taxes) in which all pay the same percentage; results in a greater percentage tax burden for the less affluent |
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"Social Safety Net" |
Gov't programs established to protect citizens from the potentially disastrous consequences of job loss, injury, illness, old age, etc. |
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Public Assistance |
Gov't programs that provide support based on need alone rather than workforce participation (e.g. welfare/ food stamps) |
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Social Insurance |
Gov't support linked to workforce participation (e.g. social security, disability, unemployment benefits, etc.) |
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Social Security |
A social insurance program established during the New Deal & operated by the federal gov't to provide workers with an income in their old age ( & in case of disability) |
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Unemployment Insurance |
Temporary payments (26 weeks) by state gov'ts to qualified workers who have lost their jobs |
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Medicare |
Gov't-provided health care insurance for the elderly |
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Medicaid |
Gov't-provided health care insurance for the poor |
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"Workforce" TANF (Temporary Assistance to Needy Families) |
Result of 1996 welfare reform legislation; placed a five year lifetime limit on benefits, a two year consecutive span of benefits, and among other things, a work requirement for benefits |
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Family & Medical Leave Act |
Federal law established in 1993 requiring all employers of more than 50 people to grant employees 12 weeks of unpaid leave for maternity, paternity & family medical emergencies |
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Credentialism |
The evaluation of workers or potential workers according to whether or not they hold certain credentials (e.g. formal training, education) |
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Human Capital |
The cognitive, physical, emotional & other skills & capabilities of a worker |
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Cultural Capital |
The knowledge, values, tastes, speech patterns, social skills, etc. that contribute to success in an occupation |
