Methods of motivation at work Flashcards
1
Q
Remuneration
A
Money paid to employees for their work or service
2
Q
Time rate
A
Payment system based on the amount of hours a employee works
3
Q
Gross pay
A
pay before deductions
4
Q
Net pay
A
Take home pay
5
Q
Salary
A
Pay usually paid monthly
6
Q
Piece rate
A
Payment system where workers revive money after producing each output
7
Q
Overtime
A
Rate of pay above the normal pay according to extra amounts of hours worked
8
Q
Performance related pay
A
Payments system that pays workers according to targets achieved
9
Q
Bonus system
A
Payment in addition for working wage majority of times for achieving targets
10
Q
Commission
A
Payments based on the value of shares
11
Q
Fringe benefits
A
perks over and above normal salary
12
Q
Design brief
A
Set of instruction on how a new product should look like.
