Term
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Definition
| Set amount of money earned by an employee per year or other fixed length of time. |
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Term
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Definition
| Employee earnings that are paid by the hour, day, or item. |
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Term
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Definition
| Fixed percentage or amount of profit given to an employee in exchange for making a sale. |
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Term
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Definition
| Money given to an employee by customers in exchange for service. |
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Term
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Definition
| Work for which wagees are based on the number of items or pieces produced. |
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Term
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Definition
| Lowest hourly rate an employer may legally pay most workers. |
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Term
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Definition
| Work in excess of 40 hours. |
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Term
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Definition
| Entiltled to some or all of his/her money in the retirement plan when leaving the company. |
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