Flashcards
Training and Pay
Cards in this deck (10)
- 1Three Ways An Employee Can Get PaidWage,
Salary,
Commission - 2Three Ways Of Training StaffExternal, On The Job, In House
- 3What is Commission?A Percentage of Sales Made
- 4Define InductionThe training given to new workers so that they understand their role and responsibilities
- 5What is Time Rate?Where staff are paid for the number of hours worked
- 6What is Overtime?Where staff are paid extra for working beyond normal hours
- 7What is Piece Rate?Where staff are paid for the number of items produced
- 8What is Performance Related Pay?Where staff get a bonus for meeting a target set by their manager
- 9What is Profit Sharing?Where staff receive a part of any profits made by the business
- 10What are Fringe Benefits?Payments that are in kind, e.g. a company car or staff discounts.
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- Flashcards on Training and Pay , created by thstevens on 13/01/2014.
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- thstevens
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