Term
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Definition
| is a set amount of of money earned by an employee per year or other fixed length of times. |
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Term
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Definition
| are employee earnings that are paid by the hour, or item. |
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Term
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Definition
| Work for which wages are based on the number of items wages are based on the number of items or pieces produced. |
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Term
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Definition
| is a 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
| are money given to an employee by customers in exchange fora service. |
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Term
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Definition
| this is the lowest hourly rate an employer may legally pay most workers. |
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Term
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Definition
| in most cases, compensation for work beyond 40 hours must be at least 1.5 times the employee's regular rate of pay. |
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Term
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Definition
| entitled to some or all of his or her money in the retirement plan when leaving the company. |
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