employer - someone who employs people, employee - someone works for someone else, self employed - works for themselves and is responsible for paying their own taxes, salary - a set amount of money, wage - specific rate for every hour worked, paycheck - a check written to an employee for the work they completed, direct deposit - wages are deposited directly into depository institution, gross income - amount of money earned before taxes, net income - amount of money you take home after deductions, tax liability - your total tax bill, deductions - mandatory and optional money that is removed from your paycheck, dependant - a person who relies on the taxpayer for financial support, allowance - a claim on your W-4 for a person you claim as a dependent, social security - deduction of 6.2% paid by your employer and you to provide income when you retire, medicare - a deduction of 1.45% to support you with health care when you turn 65 years or older, employee benefits - products or services that provide extra value beyond your wage, workers compensation - helps pay medical bills if you are injured on the job, unemployment insurance - insurance if you lose your job to no fault of your own, pay period - the schedule which the employer pays the employee, pay date - the date the paycheck is issued, Gross pay - deductions = - net pay,

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