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8
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10th Grade
03/21/2013

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Cards

Term
Salary
Definition
a salary is a set amount of money earned by an emplyee per year or other fixed length of time
Term
Wages
Definition
employee earning that are paid by the hour day or item
Term
Placework
Definition
Term
Commission
Definition
a fixed percentage or amount of profit given to an employee in exchange for making a sale
Term
Tips
Definition
money given to an employee by customers in exchange for performing a service
Term
Minimum wages
Definition
the lowest hourly rate an employer may legally pay most workers
Term
Overtime
Definition
work in excess of 40 hours per week
Term
Vested
Definition
entitled to some or all of ones money in a retirement plan when leaving a company
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