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chapter 2:
Benefits forms of pay other than salary or wages
Cafeteria Plan benefit plan that allows workers to choose from a number of options
Commission a set fee of percentage of a sale paid to an employee instead of or in addition to salary or wages
Disposable Income money available to spend or save after taxes have been paid
Dividend portion of a corporation's profits distributed to stockholders
Minimum Wage the lowest pay rate allowed by law for each regular hour of work
Overtime Pay pay received for hours working in addition to regular hours
overtime-- ok if person is okay with it,
if not, workey must be informed of overtime hours having to be taken place in
Paid Holidays vacations from work and paid for by the company
Personal Leave paid time away from work for personal reasons
Profit amount left after all expenses are deducted from the revenues or sales of the business
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