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13 Cards in this Set
- Front
- Back
Wage
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A fixed regular payment earned for work or services, typically paid on a daily or weekly basis
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salary
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A fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker
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gross pay
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The total of an employee's regular remuneration including allowances, overtime pay, commissions, and bonuses, and any other amounts, before any deductions are made.
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net pay
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The remaining amount of an employee's gross pay after deductions, such as taxes and retirement contributions, are made.
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income tax
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A charge imposed by government on the annual gains of a person, corporation, or other taxable unit derived through work, business pursuits, investments, property dealings, and other sources determined in accordance with the Internal Revenue Code or state law.
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national insurance
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Government operated social security scheme that provides income loss, maternity, and sickness benefits, and retirement pension, to the working population. National insurance is funded by regular contributions (based on wage or salary level) by both employees and employers, and by government through taxation
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pension
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rruer
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hourly rate
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tyurtuy
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peice rate
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rtuyrtu
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overtime
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rtuyrtuy
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comission
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tytyu
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bonus
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tyurtu
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performance related pay
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rtuyrtu
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