financial methods Flashcards
1
Q
remuneration
A
= the money that is paid to an employee for working. if employees work overtime they may receive overtime pay.
2
Q
bonuses
A
A bonus is an additional amount of money paid to an employee if they achieve a target or high level of performance.
3
Q
commission
A
A commission is an extra amount of money paid to an employee, usually if they make a certain number of sales.
4
Q
promotion
A
A promotion is when an employee is given a more senior role in the business or organisation.
5
Q
fringe benefits
A
A fringe benefit are other benefit offered by a business that financially benefit employees
