Business English Glossary: Payroll, Absence, Benefits, and Professional Communication

Flashcards testing core Business English vocabulary across payroll concepts, leave and absence, employee benefits, and professional e-mail communication.

What is back pay?

Salary that is owed to an employee for work done in the past.

How is basic salary defined?

The fixed amount of money an employee is paid, before any extras.

What is a payroll deduction?

An amount of money that is subtracted from your gross pay.

What is the difference between gross pay and net pay?

Gross pay is the total amount of an employee's earnings before deductions, whereas net pay (take-home pay) is the amount received after all deductions have been subtracted.

What is a pay period?

The length of time for which an employee is being paid (e.g., monthly).

What is a payroll cut-off date?

The final date to submit changes for a pay period (sista dagen för att skicka in ändringar för en löneperiod).

What are social security contributions?

Mandatory payments made by the employer to finance social security programs.

What is the distinction between a wage and a salary?

A wage is calculated on an hourly or daily basis, whereas a salary is a fixed regular payment typically paid on a monthly basis.

What does Year-to-Date (YTD) refer to on a payslip?

The total earnings or deductions accumulated from the beginning of the year until the present date.

What are additional hours (mertid)?

Work time that exceeds a part-time employee's regular hours, up to full time.

What is care of sick child (VAB)?

Leave taken from work to care for a sick child.

What is a doctor's note and when is it required according to the notes?

A certificate from a doctor to prove illness, which is required after seven days of sick leave.

What is a mileage allowance?

An amount paid to an employee for using their own vehicle for business travel.

What is a per diem (daily allowance)?

A daily allowance that an employer pays an employee to cover expenses incurred during travel.

What is time off in lieu (TOIL)?

Paid time off from work granted to an employee instead of cash payment for overtime worked.

What is a waiting day or qualifying day deduction (karensavdrag)?

The deduction corresponding to the first unpaid day of sick leave.

What is a collective agreement (kollektivavtal)?

A written agreement concluded between an employer's organization and a trade union.

What is probationary employment (provanställning)?

A trial period at the beginning of an employment, which can last a maximum of six months.

What does redundancy (arbetsbrist) mean?

A situation where an employer needs to reduce their workforce.

What is severance pay?

Money paid to an employee when they are dismissed from a job.

What is unsocial hours compensation (OB-ersättning)?

Extra pay provided for working at inconvenient times, such as evenings or weekends.

What is a wellness allowance (friskvårdsbidrag)?

A tax-free allowance provided for employees to use for health and wellness activities, such as a gym membership.

Which e-mail phrase from the glossary indicates that an attachment has been included?

"Please find attached…"

Which professional phrase is used to invite further questions before closing an e-mail?

"If you have any questions, please do not hesitate to contact me."