Term
|
Definition
| income you receive from employment |
|
|
Term
|
Definition
| payment of work and is usually computed on an hourly daily, or piecework basis |
|
|
Term
|
Definition
| lowest hourly wage employers can pay most workers by law |
|
|
Term
|
Definition
| wage based on a rate per unit of work completed |
|
|
Term
|
Definition
| payment for work that is expressed as an annual figure |
|
|
Term
|
Definition
| income paid as a percentage of sales made by a salesperson |
|
|
Term
|
Definition
| or gratuity ,is money paid for service beyond what is required |
|
|
Term
|
Definition
| money added to an employees base pay |
|
|
Term
|
Definition
| payment and benefits received for work performed |
|
|
Term
|
Definition
| or fringe benefit is a form of monetary |
|
|
Term
|
Definition
| wages or salary before payroll deductions |
|
|
Term
|
Definition
| a subtraction from your gross income |
|
|
Term
|
Definition
| it is 7.65 percent of earnings |
|
|
Term
|
Definition
| or take-home pay is your gross income minus payroll deductions |
|
|
Term
|
Definition
| earnings from sources other than work |
|
|
Term
|
Definition
| paid by financial institutions, businesses,and government in exchange for the use of customers money |
|
|
Term
|
Definition
| a government payment or benefit promised by law to eligible citizens |
|
|
Term
|
Definition
| a federal program that provides income when earnings are reduced it stopped because of retirement,etc |
|
|
Term
|
Definition
| federal program that pays for certain health care expenses for older citizens and other disabilities |
|
|
Term
|
Definition
| a limitation that affects a persons ability to function in major life activities |
|
|
Term
|
Definition
| a government program that pays certain health care costs for eligible low-income individuals and families |
|
|
Term
|
Definition
| when you begin a job your employer will ask yo to fill one out |
|
|
Term
|
Definition
| it states the amount you were paid during the previous year |
|
|
Term
|
Definition
| an expense that can be subtracted from taxable income |
|
|
Term
|
Definition
| a tax benefit that reduces the amount of income that is taxed |
|
|
Term
|
Definition
| an amount you can subtract from the taxes you owe if you are eligible |
|
|