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QUESTION IMAGE

match the terms with definitions. forms of compensation in addition to …

Question

match the terms with definitions.
forms of compensation in addition to salary or wages

the lowest pay rate allowed by law for each regular hour of work

paid time away from work due to illness

money available to spend or save after taxes have been paid

pay received for hours worked in addition to regular hours

minimum wage sick leave disposable income overtime pay benefits

Explanation:

Brief Explanations

Each definition is matched to the corresponding term based on standard workplace and financial terminology:

  1. "Forms of compensation in addition to salary or wages" refers to non-wage perks for employees.
  2. "The lowest pay rate allowed by law for each regular hour of work" is a legally mandated minimum hourly pay.
  3. "Paid time away from work due to illness" is authorized paid absence for health reasons.
  4. "Money available to spend or save after taxes have been paid" is the net income for personal use.
  5. "Pay received for hours worked in addition to regular hours" is extra pay for work beyond standard hours.

Answer:

  • forms of compensation in addition to salary or wages :: benefits
  • the lowest pay rate allowed by law for each regular hour of work :: minimum wage
  • paid time away from work due to illness :: sick leave
  • money available to spend or save after taxes have been paid :: disposable income
  • pay received for hours worked in addition to regular hours :: overtime pay