pattern

Jobs and Working Life - Compensation

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

Herzien

Flashcards

Spelling

Quiz

Begin met leren
Words Related to Jobs and Working Life
salary
salary
[zelfstandig naamwoord]

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

salaris

salaris

Ex: Her new job offers a higher salary. 

Haar nieuwe baan biedt een hoger salaris.

Sluiten
Inloggen
wage
wage
[zelfstandig naamwoord]

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

loon, salaris

loon, salaris

Ex: The union negotiated higher wages for its members in the latest contract agreement. 

De vakbond onderhandelde over hogere lonen voor haar leden in de nieuwste contractovereenkomst.

Sluiten
Inloggen
pension
pension
[zelfstandig naamwoord]

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

pensioen, uitkering

pensioen, uitkering

Ex: After working for the company for over thirty years, he was able to retire with a comfortable pension. 

Na meer dan dertig jaar voor het bedrijf te hebben gewerkt, kon hij met een comfortabele pensioen met pensioen gaan.

Sluiten
Inloggen
raise
raise
[zelfstandig naamwoord]

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

verhoging, opslag

verhoging, opslag

Ex: She decided to switch jobs after being denied a raise. 

Ze besloot van baan te veranderen nadat ze een loonsverhoging werd geweigerd.

Sluiten
Inloggen
bonus
bonus
[zelfstandig naamwoord]

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

bonus,  premie

bonus, premie

Ex: The CEO handed out bonuses to recognize excellent performance. 

De CEO deelde bonussen uit om uitstekende prestaties te erkennen.

Sluiten
Inloggen
unpaid
unpaid
[bijvoeglijk naamwoord]

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

onbetaald, niet betaald

onbetaald, niet betaald

Ex: He volunteered for an unpaid position at the local charity to gain experience in nonprofit work. 

Hij meldde zich vrijwillig aan voor een onbetaalde functie bij de lokale liefdadigheidsinstelling om ervaring op te doen in non-profitwerk.

Sluiten
Inloggen
commission
commission
[zelfstandig naamwoord]

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

commissie,  percentage

commissie, percentage

Ex: His salary is low, but he gets a high commission. 

Zijn salaris is laag, maar hij krijgt een hoge commissie.

Sluiten
Inloggen
hazard pay
hazard pay
[zelfstandig naamwoord]

additional compensation for work involving physical danger or health risks

Ex: She qualified for hazard pay during the pandemic for working in the ICU. 
Sluiten
Inloggen
living wage
living wage
[zelfstandig naamwoord]

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

leefbaar loon, minimumloon

leefbaar loon, minimumloon

Sluiten
Inloggen
minimum wage
minimum wage
[zelfstandig naamwoord]

the lowest level of salary, set by the law

minimumloon, minimale beloning

minimumloon, minimale beloning

Ex: He argued that the minimum wage should be adjusted for inflation. 

Hij betoogde dat het minimumloon moet worden aangepast aan de inflatie.

Sluiten
Inloggen
pay gap
pay gap
[zelfstandig naamwoord]

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

loonkloof, betalingsverschil

loonkloof, betalingsverschil

Ex: The company voluntarily disclosed its internal pay gap data. 
Sluiten
Inloggen
wage gap
wage gap
[zelfstandig naamwoord]

the disparity in earnings between two distinct groups of workers

Ex: She advocates for policies to close the racial wage gap. 
Sluiten
Inloggen
health insurance
health insurance
[zelfstandig naamwoord]

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

ziektekostenverzekering, gezondheidsverzekering

ziektekostenverzekering, gezondheidsverzekering

Ex: Employers often offer health insurance benefits to their employees as part of the overall compensation package. 

Werkgevers bieden vaak ziektekostenverzekering-voordelen aan hun werknemers als onderdeel van het totale compensatiepakket.

Sluiten
Inloggen
medical insurance
medical insurance
[zelfstandig naamwoord]

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

Ex: He had to pay out of pocket because his medical insurance didn't cover the procedure. 
Sluiten
Inloggen
disability insurance
disability insurance
[zelfstandig naamwoord]

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

Ex: He filed a claim with his disability insurance after his back injury. 
Sluiten
Inloggen
unemployment insurance
unemployment insurance
[zelfstandig naamwoord]

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

Ex: He received unemployment insurance while searching for a new job. 
Sluiten
Inloggen
retirement plan
retirement plan
[zelfstandig naamwoord]

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

Ex: He reviewed his retirement plan to ensure he was on track for his goals. 
Sluiten
Inloggen
retirement fund
retirement fund
[zelfstandig naamwoord]

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

Ex: He withdrew from his retirement fund to cover unexpected medical expenses. 
Sluiten
Inloggen
pension plan
pension plan
[zelfstandig naamwoord]

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

pensioenplan, pensioenregeling

pensioenplan, pensioenregeling

Ex: Without a solid pension plan, retirement can be financially challenging. 

Zonder een degelijk pensioenplan kan pensionering financieel uitdagend zijn.

Sluiten
Inloggen
annuity
annuity
[zelfstandig naamwoord]

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

lijfrente, annuïteit

lijfrente, annuïteit

Ex: His pension includes an annuity that pays out for life. 

Zijn pensioen omvat een lijfrente die levenslang uitkeert.

Sluiten
Inloggen
severance pay
severance pay
[zelfstandig naamwoord]

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

Ex: He negotiated a higher severance pay as part of his exit agreement. 
Sluiten
Inloggen
early retirement
early retirement
[zelfstandig naamwoord]

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

vervroegd pensioen, prepensioen

vervroegd pensioen, prepensioen

Ex: The firm announced a voluntary early retirement scheme for senior employees. 

Het bedrijf kondigde een vrijwillig vroegpensioen-regeling aan voor senior medewerkers.

Sluiten
Inloggen
pensionable age
pensionable age
[zelfstandig naamwoord]

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

Ex: He is still working even though he is above the pensionable age. 
Sluiten
Inloggen
LanGeek
LanGeek app downloaden