Business IGCSE Definitions to Learn S2Ch06

___________ is payment for work, usually paid weekly.

____________ is the amount paid to an employee for one hour of work.

_________ is an amount paid for each unit of output.

__________ is payment for work, usually paid monthly.

______________ is an additional amount of payment above basic pay as a reward for good work.

___________ is payment relating to the number of sales made.

is a system whereby a proportion of the company’s profits is paid out to employees.

___________ is the enjoyment derived from feeling that you have done a good job.

___________ involves workers swapping around and doing each specific task for only a limited time and then changing around again.

____________ involves looking at jobs and adding tasks that require more skill and/or responsibility.