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CD World of Work

Vocabulary Terms and Definitions for Unit 2 Part 1: The World of Work

TermDefinition
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.
Created by: MsCHall