Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
18 Cards in this Set
- Front
- Back
|
what is company culture?
|
the behavior, attitudes, values, and habits of the employees and owners that are unique to a particular company
|
|
|
what are hourly wages?
|
pay that is based on a fixed rate for each hour worked
|
|
|
what is overtime?
|
pay for working more than forty hours in a week
|
|
|
what are nonexempt employees?
|
workers who are covered by a lawt hat requries they must be paid overtime
|
|
|
what are exempt employees?
|
workers who are not covered by the law that requries they must be paid overtime
|
|
|
what is a salary?
|
a fixed amount of money paid for a certain period of time
|
|
|
what is a commission?
|
earnings based on how much is sold
|
|
|
what is a profit-sharing plan?
|
workerse receive a share of the company's profits
|
|
|
what is are preformance bonuses?
|
rewards for workers for high levels of performance
|
|
|
what si apension plan?
|
a benefit which builds a retiremen fund for each worker
|
|
|
what is probation?
|
a period of time after a person is first hired when they are "on trial" where the employer decided whether that person is suitedf or the job
|
|
|
what is a layoff?
|
job termination due to slow business
|
|
|
what are the three methods an employee can get paid?
|
hourly wages, salary, and commission
|
|
|
what are three different benefits an employee may receive?
|
health benefits, retirement plans, convenience benefits, and cafeteria plan.
|
|
|
what is a convience benefit?
|
benefits that make worker's lives easier
|
|
|
what is orientation?
|
a program that will introduce you to the company's policies, procedures, values, and benefits
|
|
|
what are mentors?
|
informal teachers or guides who help new employees adjust to their workplace.
|
|
|
what is a profit-sharing plan?
|
workers receive a share of the company's profits
|
