Wage & Salary Vocabulary

the amount of money an employee is paid per hour

• pay schedule

• wage

• hourly wage

• salary

withdrawals from an employee's paycheck for taxes, health insurance, etc.

• PTO

• paycheck

• tax bracket

• deductions

retirement benefits for people 62 and older, or for younger people who are unable to work

• Social Security

• Medicare

• Deduction

• Overtime

a range of incomes taxed at the same rate

• salary

• paycheck

• tax bracket

• wage theft

a retirement savings plan tied into the stock market offered by some employers

• 401K

• Medicare

• Stocks

• Pay Stub

a deduction from an employee's paycheck based on income that goes to the employee's state government

• PTO

• Medicare

• State Income Tax

• wage theft

a check for salary or wages from an employer to an employer

• pay check

• hourly wage

• wage

• overtime

hours worked more than the scheduled amount

• health insurance

• salary

• overtime

• wage

a document attached to a paycheck that shows the employee's pay and hourly rate

• State Income Tax

• Adam

• pay stub

• paycheck

Paid Time Off

• salary

• PTO

• overtime

• wage