Talking about job offers

Read the text and make sure you understand all the blue words and expressions. If you’re not sure of the meaning, click on the link to read the definition.

If you are successful in a job interview, the company may make a job offer.

If the company does offer you the position and you accept the offer then you will need to talk about the terms of employment. You will need to discuss the working hours and of course the salary.

Before you start your new job, you will need to decide on the start date. This will depend on the notice period in your current job. This could mean you have to work for a number of weeks after you hand in your notice.

When you have agreed all of this, your new employer will send you a confirmation letter and you can sign a contract with them.

Business Acronyms

1 B2B – Business to Business

2 B2C – Business to Consumer

3 BD – Business Development

4 CEO – Chief Executive Officer

5 CFO – Chief Financial Officer

6 COB – Close Of Business

7 COO – Chief Operating Officer

8 CRM – Customer Relationship Management

9 CSR – Corporate Social Responsibility

10 DM – Direct Mail (can also mean Direct Message)

11 EOD – End Of Day (EO plus another letter is commonly used for End Of Week, End Of Play or End Of Thread for example)

1 HR – Human Resources

2 IAM – In A Meeting

3 FYI – For Your Information

4 KPI – Key Performance Indicator – a way of measuring something that is crucial to the success of the business

5 MOM – Month Over Month refers to that month’s figures compared with the previous month’s (also QOQ or Quarter Over Quarter and YOY or Year Over Year)

6 PA – Performance Appraisal, or it can also stand for Personal Assistant

7 PDP – Personal Development Programme

8 P/E – Price to Earnings (refers to the market price per share divided by the actual earnings per share)

9 P&L – Profit and Loss (summarises the revenue, costs and expenses earned and incurred by a business)

10 ROI – Return On Investment (also used for ROA or Return On Assets and ROE or Return On Equity)

11 SMART – Specific, Measurable, Attainable, Realistic, Time-bound is a guide used for setting an objective that can be measured

12 SMB – Small to Medium Business (also sometimes called SME or Small to Medium Enterprises)

13 TOS – Terms Of Service

14 YTD – Year To Date

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