Term
|
Definition
|
|
Term
|
Definition
| Your first contact with a patential employer |
|
|
Term
|
Definition
| Letter informing a prospective employer that you are interested in working for their company |
|
|
Term
| FICA(Federal Insurance Contributions Act) |
|
Definition
| Government legislation that funds Social Security |
|
|
Term
|
Definition
| Progressive tax on the financial income of individuals, companies, deceased estates, and certain bankruptcy estates paid to the government |
|
|
Term
|
Definition
| A meeting between an employer and an applicant; the employer asks the applicant questions to assess whether he or she has the right social skills and intelligence for the job |
|
|
Term
|
Definition
| The amount subtracted from a paycheck, either by government requirement(Taxes or SSI) or at the employee's request(Health Insurance) |
|
|
Term
|
Definition
| The document that lists personal and work history |
|
|
Term
|
Definition
| The career field you should be in according to your interest and the personality traits |
|
|
Term
|
Definition
| An unmarried taxpayer who provides more than 50% of the cost of keeping up a home for both their selfs and dependents of another qualified individuals. |
|
|
Term
|
Definition
|
|
Term
|
Definition
| A person who relies on someone else for finanical support. |
|
|
Term
|
Definition
| Also known as FIT (Federal Income Tax) withholding. This is pay-as-you-earn taxation. Taxes are taken out of your wages or other income before you receive the money |
|
|
Term
|
Definition
| The number you calculated and put on your form w-4 so your employer can calculate the amount of income tax to withhold from your paycheck. The more allowences you claim, the less income tax will be withheld. Usually, you claim one allowance each for yourself,your spouse, and each of your dependents |
|
|
Term
|
Definition
| Amount subracted from an employee's gross pay to reach net pay. |
|
|