1. Chapter 6 Pay, Benefits, and Working Conditions
MYPF Chapter 06
11-Sept-2001
Chapter 6 Pay, Benefits, and Working Conditions
Understanding Pay, Benefits, and Incentives
Work Arrangements and Organizations
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2. Lesson 6.1 Understanding Pay, Benefits, and Incentives
Compute payroll deductions and net pay.
Identify optional and required employee benefits and recognize their value.
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3. Gross Pay, Deductions, and Net Pay
Hourly wages
Overtime
Salary
Deductions
Net pay
Self-employed requirements
Gross pay
— Deductions
Net pay
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4. Benefits and Incentives
Profit sharing
Paid vacations and holidays
Employee services
Child care
Sick pay
Leaves of absence
Insurance
Bonuses and stock options
Pension and savings plans
Travel expenses
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5. Insurance Health insurance Life insurance Dental insurance
Vision insurance
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6. Lesson 6.2 Work Arrangements and Organizations
Explain several flexible job arrangements.
Describe the role of unions and professional organizations in the workplace.
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7. Flexible Work Arrangements
Altered workweeks
Flextime
Compressed workweek
Job rotation
Job sharing
Permanent part-time
Telecommuting
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8. Labor Unions and Professional Organizations
Functions of unions
Types of unions
Craft unions
Industrial unions
Public-employee unions
Professional organizations
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