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| Amount of money paid for a specified quantity of labor; ex: hour |
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| Set amount of money paid for a set period of time worked |
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| Income paid as a percentage of sales made by a salesman |
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| Money paid by customers to those who provide services |
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| Compensation paid based on number of pieces or items produced |
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Definition
| Money paid in addition to base pay;reward for performance or a share of profit |
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| A form of payment to an employee |
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| An employer deposits the employee’s paycheck directly into the authorized employee’s depository institution account |
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Definition
| A prepaid card that is offered to employees as an alternative to paper paychecks or directly depositing wages into an employee’s depostiory institution |
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Definition
| This part lists the paycheck deductions as well as other important information. |
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| Length of time for which an employee’s wages are calculated |
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| Total amount of money earned during the pay period before deductions |
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Definition
| Amount of money left after all the deductions have been taken from the gross pay earned in the pay period, aka “take home pay” |
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Definition
| Money subtracted from gross pay for required taxes, employee insurance, and retirement benefits; may be voluntary or mandatory |
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| Amount required by law for employers to withhold (deduct) from earned wages to pay federal income taxes |
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Definition
| Amount deducted from an individual’s income to assist in funding government agencies within the state |
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