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7 Cards in this Set
- Front
- Back
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Wage
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Given by the hour and employees/staff are usually paid weekly
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salary
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A yearly annual figure which gets paid monthly on the date specific on thecontract they sign.
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Gross pay
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The amount prior to tax withholdings
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Net Pay |
(Gross pay without the deduction)
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Income Tax |
A tax varying on personal income
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National Insurance |
to provide state assistance for people who are sick, unemployed, or retired
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Pension |
a regular payment made by the state to people of or above the official retirement age and to some widows and disabled people |
