Discovering the Working World Part 2

exempt employee

• An employee who's not eligible for overtime pay, even if they

  work beyond the full-time hours established in their contract

  
  

• A fee paid to an agent or employee for transacting a piece of

  business or performing a service

  
  

• An employee who receives a salary based on a fixed number

  of hours (usually 40 hours per week) and is compensated with

  overtime pay after 40 hours in one week

  
  

non-exempt employee

• Money or an equivalent given in addition to an employee's

  usual compensation

  
  

• An employee who's not eligible for overtime pay, even if they

  work beyond the full-time hours established in their contract

  
  

• An employee who receives a salary based on a fixed number

  of hours (usually 40 hours per week) and is compensated with

  overtime pay after 40 hours in one week

  
  

incentives

• A fee paid to an agent or employee for transacting a piece of

  business or performing a service

  
  

• A Type of compensation based on employer-recognized

  success

  
  

• Money or an equivalent given in addition to an employee's

  usual compensation

  
  

Commission

• A fee paid to an agent or employee for transacting a piece of

  business or performing a service

  
  

• A Type of compensation based on employer-recognized

  success

  
  

• A non monetary form of compensation provided to employees

  in addition to their salaries or wages

  
  

bonus

• A group of workers who join to advocate for worker rights by

  collective bargaining

  
  

• A non monetary form of compensation provided to employees

  in addition to their salaries or wages

  
  

• Money or an equivalent given in addition to an employee's

  usual compensation

  
  

benefit

• A fee paid to an agent or employee for transacting a piece of

  business or performing a service

  
  

• The First stage of an organized labor dispute when unions

  engage in formal negotiation with business managers in the

  Industry

  
  

• A non monetary form of compensation provided to employees

  in addition to their salaries or wages

  
  

labor union

• A group of workers who join to advocate for worker rights by

  collective bargaining

  
  

• The First stage of an organized labor dispute when unions

  engage in formal negotiation with business managers in the

  Industry

  
  

collective bargaining

• When businesses and unions send an impartial person to

  objectively hear their opponent's ideas for a solution

  
  

• The First stage of an organized labor dispute when unions

  engage in formal negotiation with business managers in the

  Industry

  
  

• A group of workers who join to advocate for worker rights by

  collective bargaining

  
  

mediation

• When businesses and unions send an impartial person to

  objectively hear their opponent's ideas for a solution

  
  

• The First stage of an organized labor dispute when unions

  engage in formal negotiation with business managers in the

  Industry

  
  

Arbitration

• An action that union members make that puts pressure on a

  business because it deprives businesses of the labor resources

  they need to make a profit

  
  

• The process of negotiation, from the onset of the dispute to the

  signing of a labor contract

  
  

• Formal negotiation when both unions and businesses select

  third party individuals to review the facts, hear both sides, and

  make a legally binding decision as a means of a solution