Business and People unit 1 exam PEOPLE

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  • Created by: clemnata
  • Created on: 30-04-18 15:37
time rate
set sum paid for each hour worked
1 of 7
overtime pay
higher rate of pay to persuade workers to work extra hours
2 of 7
salary
worker is paid set sum for the year
3 of 7
piece rate
sum of money paid for each item produced
4 of 7
bonus
extra lump sum paid to worker for reaching a target
5 of 7
profit sharing
a share of company profit is paid to workers
6 of 7
fringe benefits ( perks )
non-money rewards (eg. gym membership) given to staff
7 of 7

Other cards in this set

Card 2

Front

higher rate of pay to persuade workers to work extra hours

Back

overtime pay

Card 3

Front

worker is paid set sum for the year

Back

Preview of the back of card 3

Card 4

Front

sum of money paid for each item produced

Back

Preview of the back of card 4

Card 5

Front

extra lump sum paid to worker for reaching a target

Back

Preview of the back of card 5
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