Term
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Definition
| the income you recieve from enployment |
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Term
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Definition
| a payement for work and is usually computed on an hourly, daily, or piecework basis. |
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Term
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Definition
| lowest hourly wage employers can pay most workers by law. |
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Definition
| a wage based on a rate per unit of work completed. |
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Definition
| payment for work that is expressed as an annual figure. |
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Term
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| income paid as a percentage of sales made by a salesperson |
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Term
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Definition
| is money paid for service beyond what is required. |
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Term
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Definition
| money added to an employee's base pay |
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Definition
| payment and benefits received for work performed |
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Term
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Definition
| a form of nonmonetary compensation received 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
| a subtraction from your gross income |
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Term
| FICA(federal insurance contributions act) |
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Definition
| the law that requires the collection of social security payroll taxes |
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Term
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Definition
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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
| paid by financial insitutions, businesses, and government in exchange for the use of costumers' money |
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Term
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Definition
| a government payment or benefit promised by law to eligible citizens |
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Term
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Definition
| a federal program that provides income when earnings are reduced or stopped because of retirement, serious illness, injury, or death |
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Term
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Definition
| a federal 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
| when you begin your job, your employer will ask you to fill out this form |
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Term
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Definition
| each year, by the end of january, will will receive this |
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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
| an amount you can subract from the taxes you owe, if you are eligible |
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Term
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Definition
| a tax benefit that reduces the amount of income that is taxed |
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