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12 Cards in this Set
- Front
- Back
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wage |
a fixed amount of money paid to a worker for a set amount of time spent working |
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overtime |
pay received for working more than 40 hours in a week |
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nonexempt employees |
workers who are normally paid an hourly wage and are entitled to earn overtime
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exempt employees |
workers who earn a salary
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salary |
a fixed amount of pay for a certain period of time, usually a month or a year
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commission |
earnings based on how much a person sells
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profit-sharing plan |
workers receive a share of the company's profits
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performance bonuses |
bonuses that reward workers for high performance
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benefits |
employment extras, which may include health insurance, paid vacation and holiday time, and retirement plans
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pension plan |
a savings plan for retirement
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performance review |
a meeting between you and your supervisor to evaluate how well you are doing your job
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layoff |
a job loss that results from a business decision |
