When a company pays a fixed amount of money to an employee as part of their total compensation package, which is for the extra costs incurred by the employee by working remotely. This stipend is either paid as a one-time lump sum or on a regular basis (monthly, quarterly, annually.
Example: The company allowed the employee to work from home, so the company provided a remote work stipend to cover the extra costs for remote work like an upgraded internet service.
Variations: work from home stipend, WFH stipend
Question: What does "Calendar Invite" mean?
(A) When a person wants to meet with you next week.
(B) An email sent to schedule a meeting with the option to either accept or decline the meeting at the scheduled time.
(C) When a person has available time on their calendar to meet with you.
(D) When a person does not have any time to meet with you.
Answer: Find out the right answer here.
Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.
On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.
Word: Close It Out
Definition: To mark something as completed.
Example: This task has been fixed, so let's close it out within the task tracker.
"Remote Work Stipend." Jargonism.com Dictionary, https://jargonism.com/words/1476. Accessed 12/09/2022.