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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
[名词]

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

工资

工资

Ex: He negotiated his salary before joining the company. 

他在加入公司之前谈判了他的工资

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wage
wage
[名词]

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

工资, 薪水

工资, 薪水

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

他在当地车库当机械师时赚取了有竞争力的工资

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pension
pension
[名词]

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

养老金, 退休金

养老金, 退休金

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

许多工人担心他们养老金基金未来的稳定性。

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raise
raise
[名词]

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

加薪, 涨薪

加薪, 涨薪

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

由于通货膨胀,许多工人要求加薪

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bonus
bonus
[名词]

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

奖金,  红利

奖金, 红利

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

她工作中的奖金方案非常吸引人。

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unpaid
unpaid
[形容词]

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

未付的, 无薪的

未付的, 无薪的

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

员工们对他们被要求工作的无薪加班时间感到不满。

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commission
commission
[名词]

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

佣金,  百分比

佣金, 百分比

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

她通过销售豪华车获得了大笔佣金

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hazard pay
hazard pay
[名词]

additional compensation for work involving physical danger or health risks

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

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

生活工资, 最低工资

生活工资, 最低工资

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minimum wage
minimum wage
[名词]

the lowest level of salary, set by the law

最低工资, 最低薪资

最低工资, 最低薪资

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

她一边学习一边以最低工资兼职工作。

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pay gap
pay gap
[名词]

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

工资差距, 薪酬差异

工资差距, 薪酬差异

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

the disparity in earnings between two distinct groups of workers

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

健康保险, 医疗保险

健康保险, 医疗保险

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

约翰的健康保险计划在他最近的一次生病期间支付了大部分医院费用。

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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. 
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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. 
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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. 
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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. 
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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. 
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pension plan
pension plan
[名词]

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

养老金计划, 退休金计划

养老金计划, 退休金计划

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

他在职业生涯早期就开始为他的养老金计划供款。

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annuity
annuity
[名词]

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

年金, 定期付款

年金, 定期付款

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

投资者购买了一份年金以保证稳定的收入。

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severance pay

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. 
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early retirement

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

提前退休, 早退

提前退休, 早退

Ex: Her health issues forced her into early retirement. 

她的健康问题迫使她提前退休

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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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