​Lee Johnston Works as a Waitress

question 39

Short Answer

​Lee Johnston works as a waitress. Last year she earned $28,500 in salary, $9,800 in tips, and $2,500 catering on weekends. Compute her gross income.

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Definitions:

External Inequity

A condition where employees perceive that their compensation is not fair compared to what people in similar positions in other organizations are earning.

Incentives

Motivators, often financial in nature, designed to encourage employees to achieve greater levels of performance or reach specific objectives.

Overpaying

The act of compensating an employee or vendor more than the market rate or value for their services, work, or product.

Job Evaluation

Is a method for determining the relative value or worth of a job to the organization so that individuals who perform that job can be compensated adequately and appropriately.