Study the 15 vocabulary terms below. Then continue to the activities.
- Appraisal
- Bonus
- Commission
- Cut
- Face
- Incentive
- Increment
- Minimum wage
- Motivate
- Overtime
- Pension
- Perk
- Praise
- Recognize
- Severance package
Verb (infinitive)
a formal assessment meeting between management and an employee to discuss work performance
During Martin's appraisal he asked for an increase in his salary.
Noun (thing)
an extra amount of money paid to an employee on top of their normal salary
Traditionally, small companies paid bonuses once a year before Christmas.
Noun (thing)
an extra amount of money paid to an employee for closing a sale
Salesmen receive a 5% commission on all sales.
Adjective
a reduction or decrease in something
Due to poor financial performance the company is considering pay cuts.
Verb (infinitive)
to encounter or confront
The company is facing its greatest challenge.
Noun (thing)
a reason to work harder or work more effectively
He was attracted to the job partly because of the salary, but also because of the excellent incentive scheme.
Noun (thing)
something added or gained by a fixed amount
The starting salary was 22,000 with increments of 2.5%.
Noun (thing)
the lowest amount of payment which a worker can legally receive
Tips are important for waiting staff as they are often on minimum wage.
Verb (infinitive)
to give someone a good reason to do something
The company used incentives and bonuses to motivate their staff to work harder.
Noun (thing)
extra time spent working, exceeding the normal contracted time
His wife was fed up with him working overtime every night.
Noun (thing)
the money which a person receives after they retire
Mary is looking forward to her retirement but she is also worried that her pension will not be as high as she had hoped.
Noun (thing)
a non-cash benefit
The company offers excellent perks to its staff including a company car and gym membership.
Verb (infinitive)
written or spoken approval or compliments
Andre was annoyed that he didn’t get a pay rise even though he received praise from his supervisor.
Verb (infinitive)
to acknowledge with a show of appreciation
The award recognizes Georges’ hard work and dedication.
Noun (thing)
monies or other benefits which are given to an employee who has been dismissed
When the company closed all staff received generous severance packages.