Term
|
Definition
| The amount of money paid for a specified quantity of labor. |
|
|
Term
|
Definition
| A set amount of money paid for a set period of time worked. |
|
|
Term
|
Definition
| Income paid as a percentage of sales made by a salesman |
|
|
Term
|
Definition
| Money paid by customers to those who provide services. |
|
|
Term
|
Definition
| Money paid in addition to base pay, either as a reward for performance or as a share of profit. |
|
|
Term
|
Definition
| A form of payment to an employee |
|
|
Term
|
Definition
| An employer deposits the employee’s paycheck dirctly into the authorized employee’s depository institution account. |
|
|
Term
|
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 |
|
|
Term
|
Definition
| This part lists the paycheck deductions as well as other important information. |
|
|
Term
|
Definition
| The length of time for which an employee’s wages are calculated. |
|
|
Term
|
Definition
| The total amount of money earned during the pay period before deductions. |
|
|
Term
|
Definition
| The amount of money left after all the deductions have been taken from the gross pay earned in the pay period. |
|
|
Term
|
Definition
| Money subtracted from gross pay for required taxes, employee insurance, and retirement benefits. |
|
|
Term
|
Definition
| The amount required by law for employers to withhold from earned wages to pay federal income taxes. |
|
|
Term
|
Definition
| The percentage deducted from an individual’s paycheck to assist in funding government agencies within the state. |
|
|
