Vocabulary --> Personnel --> Salaries and Benefits --> Word to learn


Fill in each gap with a suitable word or phrase:

vested delicate retirement be aware of compensated negotiated benefits wage flexibility raise basis eligible


 

1. An important part of the job search often comes after an offer has been made. Papers should not be signed until you have successfully   your salary and  . You want to make sure you will be adequately   for your skills, work, and time. This is a   and difficult area. You should   what the salary ranges are at the company and in the field.
Some workers are not on a salary; rather they work for an hourly  . In some cases, workers who earn an hourly wage have more   with the hours they work. The trade-off is that the worker may not receive any benefits. For those workers on a salary, the base salary that is negotiated is critical, because most subsequent pay raises come in small incremental amounts. Most companies have a review process either on an annual or semiannual  . As a result of the review, an employee may receive a  .
Each employee has a unique situation. Health insurance coverage and   plans may be essential to some employees, whereas they are not important to others. Many companies will offer benefits in such a way that it is to the employee′s advantage to stay with the company for a longer period of time. Employees may not be   to sign up for a retirement plan until they have been with the company for one year and employees are not fully   in these plans until they have five years of service under their belts. Some bonus plans are paid out over a period of years. Vacation time increases after more years of service.


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