Term
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Definition
| it is a set amount of money earned by an employee per year or other fixed length of time |
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Term
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Definition
| are employee earnings that are paid by the hour day, or item |
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Term
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Definition
| work for which wages are based on the number of items or pieces produced |
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Term
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Definition
| is afixed percentage or amount of profit given to an emplyee in exchange for making a sale |
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Term
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Definition
| are money given to an employee by customers in exchange for a service |
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Term
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Definition
| to ensure that workers who earn hourly wages are paid fairly, the fedreal government has established provisions within the fair labor standards act for a national minimun wage |
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Term
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Definition
| most job that pay hourly wages are based on a standard 40 hours per week is classified as overtime |
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Term
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Definition
| some employers mathch a portion of the emplyees conribution. after a certain amount of time, the employee becomes vested. |
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