| Question | Answer | 
| What is time rate? | People paid according to the time they work. | 
| What is flat rate? | A fixed amount per hour | 
| What is overtime? | If they work any extra hours they are paid overtime which is a higher rate paid to employees who work extra hours. | 
| What is piece rate? | Paid a rate per finished item that is made. | 
| What are bonuses? | A form of payment by results, but may be dependant on the performance of all staff within the business, not just the individual. | 
| What is fringe benefits? | Perks or benefits that are not a direct part of the salary package but which are often advertised with the job. | 
| What is commission? | Agreement between an employer and an employee - amount of money they get on top of their salary e.g. for every laptop they sell they get a certain percentage | 
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