Chapter 6 Pay Benefits and Working Conditions v

Chapter 6 Pay, Benefits, and Working Conditions v. Understanding Pay, Benefits, and Incentives v. Work Arrangements and Organizations © South-Western Educational Publishing

Lesson 6. 1 Understanding Pay, Benefits, and Incentives GOALS v Compute payroll deductions and net pay. v Identify optional and required employee benefits and recognize their value. © South-Western Educational Publishing

Gross Pay, Deductions, and Net Pay v. Hourly wages v. Overtime v. Salary v. Deductions v. Net pay v. Self-employed requirements Gross pay — Deductions © South-Western Educational Publishing Net pay

Benefits and Incentives v Profit sharing v Paid vacations and holidays v Employee services v Child care v Sick pay v Leaves of absence v Insurance v Bonuses and stock options v Pension and savings plans v Travel expenses © South-Western Educational Publishing

Insurance v. Health insurance v. Life insurance v. Dental insurance v. Vision insurance © South-Western Educational Publishing

Lesson 6. 2 Work Arrangements and Organizations GOALS v Explain several flexible job arrangements. v Describe the role of unions and professional organizations in the workplace. © South-Western Educational Publishing

Flexible Work Arrangements v. Altered workweeks § Flextime § Compressed workweek v. Job rotation v. Job sharing v. Permanent part-time v. Telecommuting © South-Western Educational Publishing

Labor Unions and Professional Organizations v. Functions of unions v. Types of unions § Craft unions § Industrial unions § Public-employee unions v. Professional organizations © South-Western Educational Publishing