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Definition
| is the income you receive from employment |
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| is payment for work and is usually computed on an hourly daily or piecework basis |
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Definition
| is the lowest hourly wage employers can pay most workers by law |
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| is a wage based on a rate per unit of work completed |
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Definition
| is a payment for work that is expressed as an annual figure |
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| is income paid as a percentage of sales made by a salesperson |
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Term
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Definition
| or gratuity is the money paid for service beyond what is required |
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Definition
| is money addedto an employees base pay |
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Definition
| is the payment and benefits received for work performed |
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Definition
| or fringr benefits is a foprm of nonmonetary compensation received in addition to a wage or salary |
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Term
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Definition
| is 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
| FICA (federal Insurance Contributions Act) |
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Definition
| it is 7.65 persent pf earningd |
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Definition
| or take home pay is your gross income plus bonuses if you get them minus payroll deductions |
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Definition
| is paid by financial institutions businesses and government un exchange for the use of customers money |
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Term
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Definition
| is a government payment or benfit promised by law to eligible citizens |
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Definition
| is a federal program that provides income when earnings are reduced or stopped because of retirement serious illness or injury or death |
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Term
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Definition
| is a federal program that pays for certain health care expenses for older citizens and others with disabilites |
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Term
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Definition
| is a limitation that affects a persons ability to function in major life activities |
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Term
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Definition
| is a government program that pays certain health care costs for eligible low income individuals and families |
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Term
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Definition
| employees withholding allowance certificate it tells your employee how much to withhold from your paychecks as payroll deduction |
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Term
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Definition
| a wage and tax statement and is usually mailed to your home |
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Term
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Definition
| is an expense that can be subtracted from taxable income |
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Term
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Definition
| is a tax benefit that reduces the amount of income that is taxed |
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Term
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Definition
| is an amount you can subtract from taxes you owe, if you are eligble |
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