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Vocabulary
stuff for business
Term | Definition |
---|---|
Incentive System | An additional payment made to employees as a means of increasing production |
Piece Rate | Compensation based on a worker's quantitative output . |
Promotions | Activity that supports or provides active encouragement for the furtherance of a cause |
Salary | A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum |
Wages | A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee |
Terminations | The act of firing or dismissing someone |
Transfer | To convey or remove from one place, person, etc., to another: |