Top 10 English Slangs for Compensation Administrator

1K views Dec 15, 2023

Top 10 English Slangs for Compensation Administrator 1. 'Payday' The term 'payday' refers to the day when employees receive their salaries. It's a common slang used in the workplace to discuss salary-related matters. 2. 'Take-home pay' When someone mentions 'take-home pay,' they are referring to the amount of money an employee receives after deductions like taxes and insurance. It's important for compensation administrators to understand this term while discussing salary details. 3. 'Bonuses and incentives' Bonuses and incentives are additional monetary rewards given to employees based on their performance. As a compensation administrator, you'll often come across these terms while calculating total compensation. 4. 'Overtime' Overtime refers to the additional hours an employee works beyond their regular working hours. It's crucial for compensation administrators to track and compensate employees for their overtime work accurately. 5. 'Salary band'

#Business Services
#General Reference
#Jobs & Education
#Reference