| A | B |
|---|
| five | a standard workweek is 40 hours in a ____-day period of eight hours each day |
| annual | yearly pay, or salary |
| deductions | amounts, both required and optional, subtracted from gross pay |
| net pay or take-home pay | when deductions are subtracted from gross pay, what is left |
| incentive | profit sharing is a way to encourage employees to do more and better work |
| labor union | a group of people working in the same or similar occupations, organzied for the benefit of all |
| collective bargaining | major function of a union; the process of getting together with employers to negotiate an employment contract |
| seniority | the person who has worked the longest should be the last to be laid off |
| professional organization | The American Bar Association is an example; very similar to a labor union |
| lobbying | an effort made toinfluence legislation to the advantage of a profession |
| gross pay | total or agreed-upon rate of pay or salary |
| vested | A person is ___ when he or she is entitled to an account balance when employment is terminated |
| flextime | varying working schedules among employees |
| job rotation | a technique used to train employees to be efficient in more than one specialized area |
| job sharing | two people share what was originally a full-time position |
| core time period | crucial time during the day when all employees are needed at work |
