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level: Level 1

Questions and Answers List

level questions: Level 1

QuestionAnswer
motivationreason why employees work hard and effectively for the business
wagepayment for work, usually paid weekly
salarypayment for work usually paid monthly
commissionpayment relating to the number of sales made
profit sharingsystem whereby a proportion of the company's profits is paid out to employees
bounsadditional amount of pay above the basic pay as a reward for good work
performance related paypay related to the effectiveness of the employee where their out put can easily be measured
share ownershipshares in the company are given to the employees so that they become part owners in the company
appraisalmethod of assessing the effectiveness of an employee
job satisfactionenjoyment from feeling that you have done a good job
fringe benefitsnon-financial rewards given to employees
job rotationinvolves each worker doing a specific task for a limited time until they have to rotate to do a different task
job enlargementextra tasks to a similar level of work are added to a worker's job description
job enrichmentlooking at jobs and adding tasks that require more skill and/or responsibillity