Chapter 6 Flashcards
(30 cards)
Occurs when a neutral party tries to help negotiate
Mediation
Why do they deduct money from your social security?
Provides income when you no longer work. Disability or handicapped
Can an employer deduct money from your pay check for workers compensation?
No
Can employers withhold money from your paycheck without your permission?
Yes
4 required deductions
Medicare, social security, cereal and state taxes
4 optional deductions
Saving, retirement, insurance, charity
What is used by employers to show employees what they were paid and what was deducted? And is this required?
Withholding and yes
What is a craft Union?
Some one who uses their hands-brick layer
What is the term for working from home?
Telecomputing
2 reasons for a leave of absence
Legal problem or family medical problem or education
Example of a public employee union
Teacher, police officers
What is a reduction in the amount of tax withheld?
Allowance
How do you calculate regular gross pay?
Hours worked x hourly rate
In addition to regular pay, what else can you earn?
Overtime
What is the formula to calculate this pay?
Hourly pay x 1.5 x overtime hours worked
What pay classification of employees does not usually get get paid extra?
Salary
What is the pay called that you can spend?
Net pay
Job sharing is..
A job designed where two people share one full time position
Job rotation is…
Where employees are designed to do more than one specialized task
Flex time is..
A work schedule that allows employees to choose their own working hours within defined limits
Tells employer what amount to withhold for taxes
Form w-4
What is the term if a person is terminated but has enough time to get retirement?
Vested
What is the main function of the Union?
To give benefits to workers (collective bargaining)
Do all employees benefit if they don’t belong to a union?
Yes
