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Jobs and Working Life - Compensation

Study terms related to salaries, wages, bonuses, commissions, insurance benefits, severance pay, retirement plans, pensions, and pay equality.

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Words Related to Jobs and Working Life
salary
salary
[Főnév]

an amount of money we receive for doing our job, usually monthly

fizetés

fizetés

Ex: He negotiated his salary before joining the company. 

Tárgyalt a fizetéséről, mielőtt csatlakozott a céghez.

wage
wage
[Főnév]

money that a person earns, daily or weekly, in exchange for their work

bér, fizetés

bér, fizetés

Ex: He earned a competitive wage working as a mechanic at the local garage. 

Versenyképes bért keresett, mint szerelő a helyi garázsban.

pension
pension
[Főnév]

a regular payment made to a retired person by the government or a former employer

nyugdíj, pénzügyi támogatás

nyugdíj, pénzügyi támogatás

Ex: Many workers are concerned about the future stability of their pension funds. 

Sok munkavállaló aggódik a nyugdíj alapjaik jövőbeli stabilitása miatt.

raise
raise
[Főnév]

an amount of money added to our regular payment for the job we do

emelés, fizetésemelés

emelés, fizetésemelés

Ex: Due to inflation, many workers demanded a raise. 

Az infláció miatt sok munkavállaló emelést követelt.

bonus
bonus
[Főnév]

the extra money that we get, besides our salary, as a reward

bónusz,  prémium

bónusz, prémium

Ex: The bonus scheme at her job is very attractive. 

A bónusz rendszer a munkahelyén nagyon vonzó.

unpaid
unpaid
[melléknév]

not yet given the money that was promised in exchange for something

kifizetetlen, fizetetlen

kifizetetlen, fizetetlen

Ex: The employees were upset about the unpaid overtime hours they had been asked to work. 

A munkavállalók dühösek voltak a kifizetetlen túlórára, amit dolgozniuk kellett.

commission
commission
[Főnév]

a sum of money paid to someone based on the value or quantity of goods they sell

jutalék,  százalék

jutalék, százalék

Ex: She made a large commission from selling luxury cars. 

Nagy jutalékot keresett a luxusautók eladásából.

hazard pay
hazard pay
[Főnév]

additional compensation for work involving physical danger or health risks

Ex: The company offered hazard pay to workers handling toxic materials. 
living wage
living wage
[Főnév]

the minimum income necessary for a worker to meet basic needs without relying on public assistance or private charities

megélhetési bér, minimálbér

megélhetési bér, minimálbér

minimum wage
minimum wage
[Főnév]

the lowest level of salary, set by the law

minimálbér, legkisebb fizetés

minimálbér, legkisebb fizetés

Ex: She works part-time at minimum wage while studying. 

Részmunkaidőben dolgozik minimálbérért, miközben tanul.

pay gap
pay gap
[Főnév]

the difference between the payment received by two different groups of people

bérszakadék, fizetési különbség

bérszakadék, fizetési különbség

Ex: She published a report on the ethnic pay gap in the financial sector. 
wage gap
wage gap
[Főnév]

the disparity in earnings between two distinct groups of workers

Ex: Studies show the wage gap between college graduates and non-graduates is widening. 
health insurance

a financial arrangement that provides coverage for medical expenses, offering individuals or groups protection against the high costs of healthcare services and treatments

egészségbiztosítás, egészségügyi biztosítás

egészségbiztosítás, egészségügyi biztosítás

Ex: John's health insurance plan covered the majority of his hospital expenses during a recent illness. 

John egészségbiztosítási terve fedezte a kórházi költségeinek nagy részét egy nemrégiben történt betegség alatt.

medical insurance

a policy that covers the cost of medical treatment and healthcare services

Ex: The company provides medical insurance to all full-time employees. 
disability insurance

insurance that provides income replacement if the policyholder becomes unable to work due to illness or injury

Ex: Disability insurance covers up to 60% of your salary for long-term absence. 
unemployment insurance

a government program that provides temporary financial assistance to eligible workers who have lost their jobs

Ex: Unemployment insurance benefits typically last for up to 26 weeks. 
retirement plan

a financial arrangement designed to provide income for an individual after they stop working

Ex: The company offers a 401(k) retirement plan with employer matching. 
retirement fund

a pool of money accumulated for use after retirement, often through regular contributions and investments

Ex: The retirement fund grew significantly due to strong market returns. 
pension plan
pension plan
[Főnév]

a retirement savings plan in which an employer or organization contributes money on behalf of its employees, to be used to provide income to those employees during their retirement years

nyugdíjterv, nyugdíjrendszer

nyugdíjterv, nyugdíjrendszer

Ex: He started contributing to his pension plan early in his career. 

Korán a karrierje elején kezdett hozzájárulni a nyugdíjtervéhez.

annuity
annuity
[Főnév]

a fixed stream of payments made at regular intervals, typically derived from a capital investment or insurance contract

nyugdíj, annuitás

nyugdíj, annuitás

Ex: The investor purchased an annuity to guarantee steady income. 

A befektető egy járadékot vásárolt, hogy garantálja a stabil jövedelmet.

severance pay
severance pay
[Főnév]

compensation paid by an employer to an employee upon termination of employment

Ex: The severance pay helped him cover expenses while he searched for a new job. 
early retirement

the act of leaving a job or career permanently before the typical retirement age

korai nyugdíjba vonulás, előnyugdíj

korai nyugdíjba vonulás, előnyugdíj

Ex: Her health issues forced her into early retirement. 

Egészségügyi problémái korai nyugdíjba kényszerítették.

pensionable age

the age at which a person becomes eligible to receive a state or company pension

Ex: The government plans to raise the pensionable age to 67 by 2030. 
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