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Pay, Benefits and Job Structures (4)

Horizontales
Amounts subtracted from your pay
A retirement plan in which a retiree will receive a set amount of money each month from the company-sponsored plan
Any/all forms of paid days off
For most people this is the most important benefit an employer can offer
Anything of value you own that can be converted to cash
Measured by net worth
Health insurance, 401K and 403B, union dues, and savings are examples of ______________
Sets the standard work week at 40 hours
Assets - liabilities
Something you owe (debt)
Employees receive a portion of a company's net profit
An advantage of 401K and 403B plans is that contributions are deducted from pay on a ____________ basis
Government's largest source of revenue
Forms of employee compensation in addition to pay
Verticales
Form of incentive pay, usually based on performance against goals
Mary moves to a different position in the company every 3 months for a year. This is an example of ______________
John works 4 10-hour days. This is an example of working a ______________________
Examples of ______________ are federal and state income tax, social security, medicare, SUI, SDI and FLI
Mary works from home three days a week. this is a form of _____________
Many employers will reimburse ____________ to encourage employees to continue their education
Two people share one position in a company
Type of pay typical for sales jobs
Hourly workers may get paid double time for working these days
Allows employees to choose working hours within defined limits around core hours
Type of pay not based on hours worked