Term
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Definition
| income you recieve from employment |
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Definition
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Term
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Definition
| lowest hourly wage employers can pay most workers by law |
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Term
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Definition
| wage based on rate per unit of work completed |
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Term
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Definition
| payment for work that is expressed as an annual figure |
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Term
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Definition
| income paid as a percentage of sales made by a salesperson |
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Term
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Definition
| money paid for service beyond what is required |
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Definition
| money added to an employee's base pay |
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Term
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Definition
| payment and benefits recieved for work performed |
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Term
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Definition
| form of nonmonetary compensation recieved in addition to a wage or salary |
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Term
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Definition
| wages or salary before payroll deductions |
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Term
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Definition
| is a subtraction from your gross income |
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Term
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Definition
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Term
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Definition
| gross income minus payroll deductions |
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Term
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Definition
| earnings from sources other than work |
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Term
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Definition
| earnings from investments or selling assets |
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Term
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Definition
| government payment promised by law to eligible citizens |
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Term
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Definition
| program that provides income when earnings are reduced or stopped because of injury death etc. |
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Term
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Definition
| program that pays for certain health care expenses for older citizens and others with disabilities |
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Term
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Definition
| a limitation that affects a persons ability to function in major life activities |
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Term
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Definition
| a government program that pays certain health care cost for eligible low income individuals and families |
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Term
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Definition
| tells employer how much to withould from your paychecks as payroll deductions |
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Term
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Definition
| states amount you were paid during the previous year |
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Term
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Definition
| an expense that can be subtracted from taxable income |
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Term
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Definition
| tax benefit that reduces the amount of income that is taxed |
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Term
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Definition
| amount you can subtract from the taxes you owe, if eligible |
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