gtp glossary of pay terms

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  • 7/29/2019 GTP Glossary of Pay Terms

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    U.S. Bureau of Labor Statistics

    GTP Survey Respondents

    GTP Glossary of Pay Terms

    This list provides definitions for various types of pay and explains whether they should be included orexcluded when calculating wages for the purpose of filling out the GTP survey form.

    [A| B | C | D | E | F | G | H | I | J || K | L | M | N | O | P | Q | R| S | T | U |V|W| X |Y| Z ]

    A [top]

    Attendance bonusPayment for perfect attendance or only missing a specified number of days during a specified period. Exclude aspay.

    B [top]

    Back payPayment for work done in a previous period; or previously earned pay. Exclude as pay.

    Base ratePay for work performed during a specified unit of time or payment under an incentive system that does not involvethe incentive standard. Include as pay.

    C [top]

    Clothing allowancePayment for specialized clothing required for employment. Exclude as pay.

    CommissionPayment based on an incentive system that is calculated as a percentage of sales. Commission may be combined

    with salary. Include as pay.Cost-of-living allowance (COLA)

    Payment based on a change in wage using a designated cost of living measure that is set by a given formula with aformal provision. Include as pay.

    D [top]

    Deadheading payPayment for time spent waiting during unloading or loading for a return trip. Include as pay.

    DiscountPayment in the form of price reductions offered to employees on selected items and/or locations. Exclude as pay.

    DrawPayment based on expected future wages. Exclude as pay.

    G [top]

    Guaranteed pay (make up pay)Minimum payment guaranteed to an employee who is on an incentive system. Include as pay.

    H [top]

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    Hazard payPayment based on working conditions; usually an add-on to a base rate. Include as pay.

    Holiday bonusPayment to employees as a holiday gift. Exclude as pay.

    Holiday premium payPayment for working a designated holiday; usually an add-on to a base rate. Exclude as pay.

    I [top]

    Incentive payPayment that relates earnings to actual individual or group production. Include as pay.

    J [top]

    Jury duty payPayment to an employee for time away from work because the employee has been called to jury duty. Exclude aspay.

    L [top]

    Lodging paymentsPayment to employees for lodging when traveling. Exclude as pay.

    Longevity payPayment to an employee based on seniority or length of service with an employer. Include as pay.

    M [top]

    Meal paymentsPayments to employees for meals when required to travel or at other designated times. Exclude as pay.

    Merchandise discountPayment in the form of discounts offered to employees on selected items and/or locations. Exclude as pay.

    N [top]

    Non-production bonusPayment that is over and above the employee's regular pay and is not directly related to output of an employee orgroup. Exclude as pay.

    O [top]

    On-call payPayment for time spent awaiting call to work. Exclude as pay.

    Over-the-road payPayment based on mileage. Include as pay.

    Overtime payPayment for work over and above the employee's regular pay in excess of a specified number of hours per day orper week. Exclude as pay.

    P [top]

    PerquisitesBenefits enjoyed by employee not related to employee's work. Exclude as pay.

    Piece rate

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    Payment based on a constant rate of pay for each unit of production. Include as pay.Portal-to-portal rate

    Payment for travel to a job. Include as pay.Production bonus

    Payment based on production in excess of a quota or on completion of a job in less than standard time. Include aspay.

    Profit-sharing paymentPayment from employer based on profits on the business. Exclude as pay.

    R [top]

    Relocation allowancePayment for expenses incurred when moving for a job. Exclude as pay.

    S [top]

    Severance payPayment for a specified period to employees who lose their job through no fault of their own. Exclude as pay.

    Shift differentialPayment over and above an employee's regular pay for working a nonstandard shift. Exclude as pay.

    Stock bonusesPayments to an employee in the form of stock in the company. Exclude as pay.

    T [top]

    TipsVoluntary payment over and above an employee's regular pay from the customer (not the employer) for servicesrendered. Include as pay.

    Tool/equipment allowancePayment for specialized tools and/or equipment required for employment. Exclude as pay.

    Tuition repaymentPayment for tuition of a specified course; paid upon completion of course or receipt of accepted grade. Exclude aspay.

    U [top]

    Uniform allowancePayment for uniform required by employer. Exclude as pay.

    V [top]

    Vacation payPayment for an extended period away from work. Exclude as pay.

    W [top]

    Weekend premium payPayment over and above an employee's regular pay for working on a Saturday, Sunday, or other non-scheduledworkday. Exclude as pay.

    Y [top]

    Year-end bonus

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    Payment given to employees at the end of a year in which the employee and/or the company has performed well.Exclude as pay.

    Last Modified Date: October 4, 2012

    U.S. Bureau of Labor Statistics | Division of Information and Marketing Services, PSB Suite 2850, 2 Massachusetts Avenue, NE

    Washington, DC 20212-0001

    www.bls.gov/respondents/GTP | Telephone: 1-202-691-5200 | Contact GTP

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