economics: work

economics gcse section 2 work (2)

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  • Created by: patrick
  • Created on: 29-11-12 10:27
flexible working
workers who are more adaptable in time location or manner of work completed (e.g. home working)
1 of 6
salary
pay stated as a yearly total
2 of 6
wage
pay calculated on an hourly rate, multiplied by the hours worked
3 of 6
comission
payment made to workers for achieving a certain target (e.g sales levels)
4 of 6
overtime payment
higher rate of pay for work in excess of normal working hours.
5 of 6
Bankers automated clearing service (BACS)
automatic transfer of funds between bank accounts (e.g. employers to employees).
6 of 6

Other cards in this set

Card 2

Front

pay stated as a yearly total

Back

salary

Card 3

Front

pay calculated on an hourly rate, multiplied by the hours worked

Back

Preview of the back of card 3

Card 4

Front

payment made to workers for achieving a certain target (e.g sales levels)

Back

Preview of the back of card 4

Card 5

Front

higher rate of pay for work in excess of normal working hours.

Back

Preview of the back of card 5
View more cards

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