Building the Business Flashcards
1
Q
Remuneration
A
the money that is paid to an employee for working.
2
Q
Bonus
A
an additional amount of money paid to an employee if they achieve a target or high level of performance
3
Q
commision
A
an extra amount of money paid to an employee, usually if they make a certain number of sales
4
Q
Promotion
A
an upgrade in the status of an employee within a business, usually comes with a pay rise.
5
Q
Fringe Benefits
A
an extra benefit supplementing an employee’s money wage or salary, for example a company car, private healthcare, etc.
