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Extra payments and benefits in addition to wages

benefit

noun

extra money or other advantages that you get in addition to your salary from your employer as part of your job

bonus

noun

extra money that you are paid in addition to your usual salary

combat pay

noun

extra money that people in the military receive in their salary if they are involved in a war

commission

noun

an extra amount of money that you earn in your job every time you sell a product or get a new customer

company car

noun

a car belonging to your employer that you use while you work for them

double time

noun

double the amount that you normally earn, paid when you work on days or at times when most people do not work

expenses

noun

money that you spend as part of your job that your employer later gives back to you

expense account

noun

a system that allows you to get back from your employer any of your own money that you have spent while working

expense account

noun

a record of this money

flexible benefits

noun

a system of offering employees a range of different benefits, such as company cars or health insurance, in addition to their salary and allowing them to choose which ones they want

flow-on

noun

an increase in pay or another benefit that a group of workers gets because a similar group has gotten it

fringe benefit

noun

something that you get in addition to your salary, for example a car

frontload

verb

to put more of the costs of a deal, project, or contract into the early part of the process

golden handcuffs

noun

ways of trying to stop a senior manager in a company from leaving their job, by offering a lot of money if they stay and making them lose money if they leave

golden handshake

noun

a large amount of money given to a senior manager in a company when they leave their job

golden hello

noun

a large amount of money given to someone for accepting an important job

gratuity

noun

a large amount of money given to someone when they leave their job, for example in the military

hazard pay

noun

extra money that you are paid for doing work that is considered dangerous

loading

noun

extra salary for having additional skills or qualifications

margin

noun

an extra amount paid to a worker who has a special skill or accepts additional responsibility

mileage

noun

money paid to someone for the miles they have traveled in their job

overtime

noun

the money that someone is paid for the extra hours that they work

package

noun

money and other benefits, for example a car, that someone gets from their employer

payoff

noun

a final payment that you make to someone when they stop working for you

perk

noun

an extra payment or benefit that you get in your job

perquisite

noun

a perk (=an extra benefit) that you get from your job

redundancy pay

noun

severance pay

repeat fees

noun

money that someone such as an actor, writer, or musician earns each time their work is broadcast

retainer

noun

a payment made to someone such as a lawyer so that they will be available to do work for you when you want them

royalty

noun

a payment that someone such as a writer or musician gets each time their work is sold or performed

severance

noun

severance pay

severance pay

noun

money that a company pays to a worker who is forced to leave because they are no longer needed. The British word is redundancy pay.

sick pay

noun

money that you are given by an employer or the government when you are sick and cannot work

tip

noun

a small amount of money that you give to someone in addition to what you owe for a service

worker’s compensation

noun

in the U.S., money that a company must pay to a worker who becomes sick or injured because of their job

frontloading

noun

vacation/maternity/sick etc. pay

money that you receive for a period when you are not working, for example because you are on vacation, having a baby, or sick

time and a half

one and a half times the usual money that you earn

cyberloafing

using the Internet where you work, during working hours, for activities which are not work-related

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Word of the Day

wane

getting smaller, weaker, or less important

Open Dictionary

show a bit of ankle

… to reveal a small part of your intentions in order to attract support, without actually committing yourself to doing anything

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