Wage –day(s) , week

Salary – monthly
Income – annual
allowance - a perk of the company
Food allowance - a privilege that you enjoy as employee

1. Incentive – GIVE and take relationship.

Yuma works for a bike company. Yuma hit the sales quota by selling 100 bikes in a month.
The incentives she received is 30,000yen plus 1 ticket in any local destination with hotel stay.

2. Tip - $20 ( tour guide )

You finished before the deadline, your incentive is that you can work for only 4 hours the
following day.

3. Cash incentive - money given during Christmas or New Year or any special occasion

4. Commission – is related to sales – the more you sell , the bigger your commission
Yuma sold 100 bikes in a month. She received 2% in each sales transaction. That is her
commission.

5. Perks / privileges – You can just sit down and wait for the company to offer you sth.
Waseda senior employees have perks which include 2 months of study abroad ALL expense
paid.
Classified as a senior employee – 5 years
In the US – 3 years
Voucher – cash equivalent ; cash discount ( noun ) – PROMOTION
Vouch –guarantee ( verb)
James owed John $200. I vouched for James.
Spread By word – of – mouth – promotion to gain profit
Flight attendant of ANA airlines – 10 free plane tickets consumable in 1 year

6. Promo items – normally are for promotion of the item and has little value but
Customers enjoy it
Lagniappes are promo items when a person buys perfume which is usually around 5 to
10ml.
 Practical
Basic commodities – basic necessities – FOOD, SHELTER, CLOTHING

Quota – SALES – the number that one is limited to or asked to produce

/ Kow tah/

Yurara – is a LUSH sales employee – quota : 12 minimum bars of soap in 1 day == 4 hours

Olympics – sports – baseball – stadium can accommodate only 5000 people

Most of you are working in the education sector. ( a portion of an industry )

Idioms about Money

Idioms for talking about tough financial situations/ poverty

1.go broke
To go broke means to lose all of one’s money.

Reasons why normal working people can go broke.

1. Gambling / online games / online gambling ( e- games ) – highly addictive

2. Fired or lost his job

Resigned / resignation – It is the employee’s decision.

- She resigned from her job because of too much stress.
- She tendered ( give ) her resignation because of too much stress

Get fired – Employee made a mistake and the management fired him/ her.

- He made a big mistake that cost the company a lot of money so he got fired.

Get laid off / lay off

People lose their jobs because of companies which are already in the red or financially
bankrupt.

Employees with redundant functions got laid off.

 Redundant – repeated

The workers were laid off because the company cannot pay their salaries anymore.

3. Wasteful spending ( the opposite of mindful spending )

4. Scammed / fooled them of their money

5. Bad economy / bad luck

2.tighten one’s belt
To tighten one’s belt means to spend less and have a lower standard of living.

Tight – adjective

Tight – money means there is no extra

Right now, money is tight so people budget their salaries.

Entering a global recession means families are tight with their income.

When in a recession, the value of your money depreciates.

How do you tighten your belt ?

- Not try to go out (often ) and buy only cheap things

Cheap – this is indicating a country’s status ; used with your friends ‘ loses quality or value

Street food is cheap. Street food in the Phils is quite dirty.

Affordable – mild , respectful word

Daiso has low – end products. ( for the masses ) Coach

High – end products ( for the elite and rich and upper middle class ) Prada, Gucci, Chanel , Hermes

Fastfoods are affordable.

Economical – very educated and professional term

Living outside Tokyo is an economical choice.

Taka spends money like water.

I don’t eat breakfast and lunch.

When you go out, you shell out money.

Kaho intentionally doesn’t carry her wallet when she goes out.

Avoiding eating out.

3. down and out

Someone down and out is extremely impoverished.( poverty )

Homeless people are impoverished / down and out.

A person who is totally broke is down and out.

Example :

Zimbabwe , Africa – the poorest city in the world

4. from hand to mouth

If someone is living from hand to mouth, their salary immediately gets spent on basic necessities with
little left over.

Homeless people live from hand to mouth.

Africans live from hand to mouth existence.

5. strapped for cash
Someone strapped for cash doesn’t have money to spend at the moment.

This is only temporary. Money is available but …….

Later

It’s in the house

I have to withdraw it first

somebody will pay me

She is strapped for cash to pay the restaurant bill because she left her wallet in the office.

6.don’t/doesn’t have two nickels to rub together

Someone who doesn’t have two nickels to rub together is very poor.

NO PROPERTY

NO HOUSE

NO FAMILY

NO SUPPORT

Afflicted with COVID -19 =====YOU DON’T KNOW THE SOURCE .

Infected with COVID – 19 ==== YOU KNOW THE SOURCE.