Prep College and Careers Ch 8

A fixed amount of money paid to a worker for a set amount of time spent working.

What type of benefit allows employees to choose the benefits they want or need?

Feedback an employee receives from regular evaluations will help to improve their performance

Company can terminate an employee for any of several reasons even if not based on performance

Rewards workers for high levels of performance.

To calculate hourly wage I multiply the number of hours by the hourly wage rate.

Pay received for working more than 40 hours in a week.

Specific company procedures spelling out what the company expects of you and you of the company

Which employees must be paid overtime according to federal law?

If you are unsure how to dress on your first day on the job, you should take the day off.

Strategies you can use to remember job tasks include

You can learn the company culture by listening to and observing your coworkers and supervisors.

Performance reviews are important to your promotions, pay increases and future with the company

A program that introduces you to the company's policies, procedures, values, and benefits.

A meeting between you and your supervisor to evaluate how well you are doing.

Extras that a company provides (like health insurance) in addition to pay.

Cafeteria benefit plans include the boss meeting you for lunch to discuss work assignments. 

What is the term for an informal teacher/guide who helps new employees adjust to the workplace

A job loss that results from a business decision - like a reduction in the workforce.

A new employee will learn in orientation...

Federal law requires that nonexempt employees be paid overtime

It's not important for service-oriented companies to have a strong corporate culture.

Reading & learning the company's policies right away after being hired protects you from ____ and ____.

The initial period of employment time during which the employer monitors a new employee's work

The behaviors, attitudes, values, & habits of the employees & owners unique to each company

Workers should should not expect to be paid for the work they do if they completed a poor job

A company's mission statement describes exactly whom you should go to when you have a question.

The most common type of wage is overtime.

Which kind of benefit is a savings plan for retirement?

An incentive plan that rewards employees with stock options for helping the company to do well

Kind of employee who works and earns a salary - generally not entitled to overtime.

A mentor can be like a coach for new employees providing guidance & helping to learn policies

Benefits a company provides are expected and need not be considered when searching for a job.

The best way to dress on your first day on the job is...

Benefits such as health insurance are a large part of the employee's employment package

It's a good idea to ask your boss the company's probation policy to prepare for the evaluation 

A new employee may be paired with a senior coworker mentor who acts as the owner of the company

What type of payment method is based on how much a person sells?

Retirement is when you stop working because of age or disability.

Whatever type of orientation it should give a clear idea of responsibilities and company goals

Prepare for your 1st day at a new job because getting a new job is like moving to a new country