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11 Cards in this Set

  • Front
  • Back
A potential reward to work toward
Advancement to a higher-level job within a company
The amount of salary or wages earned during a certain time period, before deductions are witheld
Gross Pay
A pay raise based on the amount and quality of an employee's work
Merit Raise
The total amount of income and benefits received for a job
The wage received for working more than 40 hours a week, usually 1 and 1/2 times the normal hourly wage
Overtime Pay
Certain amounts that are witheld from the paycheck of an employee
A letter written by an employee notifying an employer of the intent to quit a job
Letter of Resignation
The amount on a paycheck; the take-home pay of an employee after the deductions are subtracted from gross pay
Net Pay
A regular pay raise received by all employees
Automatic Raise
A pay statement; the attachment to a paycheck that shows your gross pay, deductions, and net pay
Statement of Earnings