| A | B |
|---|
| Yearly pay, or salary, is also known as ____ pay. | Annual |
| Amounts, both required and optional, subtracted from gross pay. | Deductions |
| What is left when deductions are subtracted from gross pay. | Net pay |
| Profit sharing is a way to encourage employees to do more and better work, and is known as ____. | Incentive (pay) |
| A group of people working in the same or similar occupations, organized for the benefit of all. | Labor union |
| A negotiation between unions and employers about the terms of employment. | Collective bargaining |
| A workplace policy in which the last workers hired will be the first fired when jobs must be cut. | Seniority |
| Organization of people in a particular occupation that requires considerable training and specialized skills. | Professional organization |
| An effort made to influence public officials to take action that benefits a particular group. | Lobbying |
| The total or agreed-upon rate of pay or salary. Total pay before deductions are subtracted. | Gross pay |
| Entitled to the full amount in a retirement plan when employment is terminated. | Vested |
| A work schedule that allows employees to choose their working hours within defined limits. | Flextime |
| A job design in which employees are trained to do more than one specialized task and move from one task to another. | Job rotation |
| A job design in which two people share one full-time position. | Job sharing |
| A work schedule that fits the normal 40-hour workweek into less than five days. | Compressed workweek |
| Forms of employee compensation in addition to pay. | Benefits |
| Time worked beyond the regular hours | Overtime |
| Total social security and Medicare tax, including employer matching contribution, paid by people who work for themselves. | Self-employment tax |
