Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
|
Compensation
|
Total amount of income and benefits a person receives for his or her job
|
|
|
Overtime pay
|
Wage received for working more than 40 hours a week, usually 1 1/2 times the normal hourly wage
|
|
|
Gross pay
|
Amount of salary or wage that a person earns during a certain period of time
|
|
|
Deductions
|
Certain amounts that are withheld from the paycheck of an employee various non-taxable items such as donations to charity or churches&mortgage interest.
|
|
|
Net pay
|
Pay that a person has left to take home after all deductions have been made
|
|
|
Statement of earnings
|
Pay statement, the attachment to the paycheck that shows gross pay, deductions and net pay
|
|
|
Automatic raise
|
Regular pay raise received by all employees
|
|
|
Merit raise
|
Raise based on the amount and quality of an employee's work
|
