Лекция: THE PAYROLL OF A COMPANY

The list of people employed by a company is blown fay the payroll. The payroll is usually divided up as follows:

· Monthly-paid staff

· Weekly-paid staff

· Hourly-paid staff

Office staff are either monthly or weekly paid and the money they get is called salaries, which are usually set.

Workers are either weekly or hourly paid and they get set wages. Many companies often operate a bonus system for monthly and weekly-paid staff. The bonus is usually paid against certain work done.

The amount of the bonus payment is worked out from the employees job cards.

Hourly-paid staff are usually on the clock. Under this system each worker has a clock number and a clock card. He records his hours of work on the clock card by inserting it into what is literally a clock.

A device in the clock stamps the card with the time. At the end of each week the clock cards (are collected by the timekeepers. The cards are checked and then passed on to the Wages Office. In the Wages Office the wages and overtime are calculated.

When monthly or weekly paid staffwork overtime they are also paid overtime.

Employees are sometimes paid in cash or by cheque. But direct payments into the employee's bank accounts are becoming more and more popular.

As a rule employees get pay advices for the paid period. The advice stales the earnings all the deductions and the total amount payable. The deductions usually include National Wealth Insurance contributions.

I. Ответьте на следующие вопросы:

On what time basis can different employees be paid?

What is the money paid to office staff and workers called?

On what basis is bonus paid?

How does on the clock system operate?

Do employees sometimes work overtime? How are they paid then?

In what ways can wages and salaries be paid?

What way of being paid would you prefer?

II. Найдите, что говорится в тексте о:

wages and salaries, bonus payments, on the flock system, overtime, the ways wages and salaries are paid, pay advices