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Vocabulary
stuff for business
| Term | Definition |
|---|---|
| Incentive System | An additional payment made to employees as a means of increasing production |
| Piece Rate | Compensation based on a worker's quantitative output . |
| Promotions | Activity that supports or provides active encouragement for the furtherance of a cause |
| Salary | A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum |
| Wages | A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee |
| Terminations | The act of firing or dismissing someone |
| Transfer | To convey or remove from one place, person, etc., to another: |