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paycheck star_border
/ˈpeɪ.tʃek/
Your paycheck is a piece of paper that your employer gives you as your wages or salary, and which you can then cash at a bank. You can also use paycheck as a way of referring to your wages or salary. The phrase "live paycheck to paycheck" means to spend all of the money from one paycheck before receiving the next paycheck.
- Most of my paycheck just goes to living expenses.
- Today a lot of people are looking for a greater sense of job satisfaction and achievement, not just a weekly paycheck.
- I usually deposit my paycheck on the first day of a month.
- Despite rising wages, nearly two-thirds of Americans are still living paycheck to paycheck, according to one recent report.
- According to the research, 54 percent of consumers in the U.S. are living paycheck to paycheck, with 21 percent of this population struggling to pay their bills, meaning they have little or no money left over after spending their income.
- You really need to start saving money and break the living-paycheck-to-paycheck cycle.
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bonus star_border
/ˈbəʊnəs/
Bonus is an additional payment to employees as a means of increasing output. A bonus can also mean something good that you get in addition to something else.
- Executives often receive a bonus that's over 100% of their annual salary.
- Annual compensation for our employees includes salary and bonus under our incentive plan.
- Do we get a Christmas bonus this year?
- If you don't meet our targets, you'll lose your bonus.
- The new contract gives workers less salary, but bonuses for hitting efficiency and sales targets.
- Being able to bike to work is an added bonus of the new job.
- Electric cars use carbon-free energy sources and emit no CO2 or other pollutants. As an added bonus, electric vehicles also create less noise and vibration.
- The album contains three new tracks, and the Korean edition includes a bonus disc containing extra footage and interviews with the band.
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commission star_border
/kəˈmɪʃ(ə)n/
The commission is the amount of money an employee earns when they sell something. A commission is also an order for someone to do something and get paid. Finally, a commission can mean a high-ranking position in the armed forces, or a special committee that controls or investigates something.
- His basic salary is low, but he gets a 20% commission on every machine he sells.
- The building company gets commission on each house sale.
- The typical commission rate for sales is about 5% to 50%.
- Most of the sales staff are on commission.
- Sales jobs that are commonly paid with a commission-based salary include real estate, computing and technology systems, and automobiles.
- Tech giant Apple criticizes Meta over its plans to charge developers up to 47.5% commission for virtual goods sold through the Meta Quest store.
We have decided to implement a new incentive program for sales personnel. Starting September 1, salespeople in all branches will be eligible for a 10 percent commission on orders totaling more than US $1000. We hope that this program will motivate you to work harder and lead to increased sales for our company. |
Commission = a special committee that controls or investigates
- The election commission officials have not yet released vote totals and percentages.
- The government has set up a commission to investigate fraudulent unemployment claims.
- A commission has just been appointed to investigate the incident.
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payday star_border
/ˈpeɪ.deɪ/
Payday is the day of the week or month on which you receive your wages or salary.
- He is always running out of money before payday.
- Friday is payday.
- I will pay back your money tomorrow. Tomorrow is payday.
- If a regular payday falls on a bank holiday, the employees would have to wait until the next business day to access their wages.
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commensurate star_border
/kəˈmɛnʃ(ə)rət/
If the level of one thing is commensurate with another, the first level is in proportion to the second.
- Generally, the first year's salary is commensurate with experience and education level.
- Your paycheck should be commensurate with the amount of time worked.
- Punishment is supposed to be commensurate with the crime.
- Many argue that the level of a nation's defense preparedness should be commensurate with the threat to its security.
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compensation star_border
/kɒmpɛnˈseɪʃ(ə)n/
Compensation is money, a payment meant to give someone a fair exchange for their effort and output. Compensation can also be money that someone who has experienced loss or suffering claims from the person or organization responsible, or from the state.
- Annual compensation for our employees includes salary and bonus under our incentive plan.
- Ｗe offer a competitive compensation and benefits package.
- My compensation package includes salary, health insurance, and a company car.
- A compensation plan often includes wages, salaries, benefits, and all other perks.
- You should seek compensation.
- He received $20,000 USD in compensation for a lost eye.
- You'll have to spend a small fortune in legal fees if you decide to sue for compensation.
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probation star_border
/prəˈbeɪʃ(ə)n/
Probation is a period of time during which someone is judging your ability while you work, in order to see if you are suitable for that type of work.
- Our company puts all new employees on a 2-month probation.
- Once your probation period is successfully completed, you will be offered a full-time position.
- As of January 1st all new employees will be subject to a 3-month probation. Medical, holiday and flextime benefits will not apply to probationary staff members until the full 3 months have expired.
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probationary star_border
/prəˈbeɪʃ(ə)nri/
A probationary period is a period after someone starts a job, during which their employer can decide whether the person is suitable and should be allowed to continue.
- There is no law determining the length of a probationary period. However, there is an expectation that the employer will be reasonable. It is typical for a probationary period to last no longer than six months, and three months where an employee is moving to a new post internally.
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remuneration star_border
/rɪˌmjuːnəˈreɪʃ(ə)n/
Someone's remuneration is the amount of money that they are paid for the work that they do.
- I like my previous job. I was given generous remuneration for my work.
- Consultants are paid good remuneration generally.
Words Mastered
paycheck
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bonus
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commission
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payday
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commensurate
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compensation
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probation
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probationary
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remuneration
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