Term
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Definition
| The "paycheck stub" listing gross pay and deductions |
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Term
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Definition
| Money subtracted from gross pay for required taxes, employee insurance, and retirement benefits |
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Term
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Definition
| Deducted from paycheck by state government |
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Term
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Definition
| Deducted from paycheck by federal government |
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Term
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Definition
| Federal tax that funds Social Security and Medicare |
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Term
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Definition
| Deducted from paycheck for things like uniforms, equipment, etc. |
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Term
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Definition
| Amount of paycheck after all deductions have been subtracted |
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Term
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Definition
| Length of time for which an employee's wages are calculated |
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Term
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Definition
| Amount of time a person works beyond 40 hours in a work week |
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Term
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Definition
| Pay for work beyond 40 hours (1.5 times regular rate of pay) |
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Term
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Definition
| Amount of money earned during a pay period |
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