Module21.pptVIP

Pension (养老金/退休金) A pension (also known as superannuation) is a retirement plan intended to provide a person with a secure income for life. The common use of the term is to describe the payments a person receives upon retirement, usually under pre-determined, legal and/or contractual terms. Pensions have traditionally been payments made in the form of a guaranteed annuity [年金/养老金] to a retired or disabled employee, or to a deceased employees spouse, children or other beneficiaries. Incentive (激励/奖励) An incentive is any factor that enables or motivates a particular course of action. It is an expectation that encourages people to behave in a certain way. Incentives usually fall into three broad classes: 1. Remunerative incentives (or financial incentives/material reward); 2. Moral incentives; Perks (津贴/额外补贴) In addition to company benefits, many employers also offer perks to their employees. Typically limited to employees in management positions, these perks include such benefits as country club or health club memberships, a company car, special parking privileges at work, tickets for sporting events, first-class travel accommodations, and generous expense accounts(员工可以因公报销的账目) . Cash Bonus (现金分红/现金红利) Compensation paid to an employee or employees for achieving a particular sales goal or organizational objective. This is above and beyond either a Commission or a Salary. A corporation achieving a 10% increase in profits may distribute part of the earnings as a cash bonus to its employees. * * Vocabulary : Benefits and incentives Speaking: Asking questions about jobs Reading : “Is working for Xerox too good to be true” Writing: A letter of application Unit 2.1 Business topic Company benefits Unit 2.1 Vocabulary Preparation Benefits Incentive Job title Training and staff development Good salary Pension Flexible working hours Opportunities to travel Days off Company car Too good to be true Client service executive Take… with a p