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10 Cards in this Set
- Front
- Back
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compensation
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total amount of income and benifits a person receives for his or her job.
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overtime pay
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wage received for working more than 40 hours a week
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gross pay
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amount of salary or wages that a person earns during a certain period of time.
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deductions
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certain amounts that are withheld from the paycheck of an employee.
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net pay
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pay that a person has left to take home after all deductions have been made.
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statement of earning
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pay statement
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automatic raise
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regular pay raise received by all employees.
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merit raise
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raise based on the amount and quality of an employee's work.
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promotion
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advancement to a higher-level job or position within a company.
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letter of resignation
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letter writtin by an employee notifying an employer of the intent to quit a job.
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