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CD World of Work
Vocabulary Terms and Definitions for Unit 2 Part 1: The World of Work
| Term | Definition |
|---|---|
| Career | A work history of one or more jobs in the same or related fields of interest. |
| Commission | Earnings based on how much a worker sells. |
| Employee | Someone who works for a person or business for pay. |
| Full time | Working at least 40 hours per week. |
| Global Economy | Worldwide financial management system. |
| Job benefits | The extras an employer provides employees in addition to pay such as insurance or paid time off. |
| Job | Work that people do for pay. |
| Minimum wage | The lowest hourly wage an employer can legally pay for a worker’s services. |
| Overtime | Pay employees receive when they work more than 40 hours per week. This pay is usually equal to one-half times regular pay. |
| Part time | Jobs requiring less than 35-40 hours a week, depending on the employer. |
| Piecemeal | Wages to be paid based on a quantity produced or number of repetition performed. |
| Salary | Fixed amount of money earned, regardless of hours worked. |
| Supervisor | The person who assigns, checks, and evaluates you work. |
| Wages | Payment for work, usually figured by the hour. |
| Work Schedule | A set number of days or hours the employee is expected to work. |