financial methods

Question 1

remuneration

Answer 1

= the money that is paid to an employee for working. if employees work overtime they may receive overtime pay.

Question 2

bonuses

Answer 2

A bonus is an additional amount of money paid to an employee if they achieve a target or high level of performance.

Question 3

commission

Answer 3

A commission is an extra amount of money paid to an employee, usually if they make a certain number of sales.

Question 4

promotion

Answer 4

A promotion is when an employee is given a more senior role in the business or organisation.

Question 5

fringe benefits

Answer 5

A fringe benefit are other benefit offered by a business that financially benefit employees