Some workers are not on a salary; rather they work for an hourly (6) ######. In some cases, workers who earn an hourly wage have more (7) ###### with the hours they work. The trade-off is that the worker may not receive any benefits. For those workers on a salary, the base salary that is negotiated is critical, because most subsequent pay raises come in small incremental amounts. Most companies have a review process either on an annual or semiannual (8) ######. As a result of the review, an employee may receive a (9) ###### .
Each employee has a unique situation. Health insurance coverage and (10) ###### plans may be essential to some employees, whereas they are not important to others. Many companies will offer benefits in such a way that it is to the employee’s advantage to stay with the company for a longer period of time. Employees may not be (11) ###### to sign up for a retirement plan until they have been with the company for one year and employees are not fully (12) ###### in these plans until they have five years of service under their belts. Some bonus plans are paid out over a period of years. Vacation time increases after more years of service.]]>