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Category

Employment compensation

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labor law
mediates the relationship between workers, employers, trade unions and the government
wage
A wage is the price of labor. Examples of wage payments include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the expenses that are involved in running a business. It is an obligation to the employee regardless of the profitability of the company.
commission
remuneration paid for brokering a sale or other transaction
negative income tax
proposed tax reform
layoff
A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing an organization. Originally, layoff referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with wrongful termination.
severance package
pay and benefits an employee receives from their employer upon dismissal or layoff
profit sharing
when employees share in the company's profits
remuneration
Remuneration is the pay or other financial compensation provided in exchange for an employee's services performed (not to be confused with giving (away), or donating, or the act of providing to). Remuneration is one component of reward management. In the UK, it can also refer to the automatic division of profits attributable to members in a Limited Liability Partnership (LLP).
bonus payment
usually made to employees in addition to their base salary as part of their wages or salary
performance-related pay
money paid relating to how well one works
personal income
individual's total earnings
payroll
thumb|right|Handling payroll typically involves sending out payslips to employees. A payroll is a list of employees of a company who are entitled to compensation and other work benefits, along with the amounts each should receive. The term can also refer to a company's records of past employee payments, including wages, salaries, bonuses, and withheld taxes, or to the department responsible for managing compensation. A company may handle all aspects of the payroll process in-house or can outsource aspects to a payroll processing company.
zero-hour contract
employment with no minimum work time
Motherhood penalty
impact on working mothers
Snappy Gifts
Multinational company which specializes in the field of corporate gift giving
stipendium
pay in the Roman army
Mincer equation
equation explaining wages via schooling and experience
father's quota
policy for paid parental leave for fathers
compensation and benefits
rewards for employees and specialty of human resources
family meal
staff meal at a restaurant