| A | B |
|---|
| Benefits | rewards other than cash given to employees |
| Bonus | financial reward made in addition to a regular wage or salary that usually hinges on reaching an established goal |
| Chain of command | the working relationships within a business—who reports to whom—often shown in an organizational chart |
| Commission | a percentage of a sale paid to a salesperson |
| Delegate | to allow other people to share workloads and responsibilities |
| Freelancer | person who provides specialty services to businesses on an hourly basis or by the job |
| Intern | student who will work for little or no pay in order to gain experience in a particular field |
| Job analysis | process of determining the tasks and sequence of tasks necessary to perform a job |
| Job description | written statement listing the tasks and responsibilities of a position; also covers to whom the position reports |
| Performance evaluation | management control tool that helps determine whether the objectives for a particular job are being met |
| Profit sharing | compensation arrangement in which employees are paid a portion of the company’s profits |
| Recruit | to look for people to hire and attract them to the business |
| Salary | amount paid for a job position stated on an annual basis |
| Staffing | involves determining the number of employees a company needs and defining a process for hiring them |
| Wages | payments for labor or services that are made on an hourly |
