Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Compensation

Employee Compensation Components

TermDefinition
Compensation systematic method for providing monetary and non-monetary value to employees in exchange for services provided to the organization
Wages compensation paid to working employees
Commission sum of money paid to an employee upon the completion of a task
Salary income paid to an employee in fixed regular intervals
Bonuses/Incentives form of financial compensation linked to employee performance
Paid Leave time allowed away from work for holidays, illnesses and personal matters in which an employee receives normal pay
Health Savings Account personal account in which individuals can set aside money to use for qualified health care expenses
Flexible Spending Account employer account in which individuals can set aside money to use for qualified expenses like doctor copays, childcare, etc.
Paycheck Stub document provided to employees every pay period detailing their earnings
Gross Wage amount an individual makes prior to any deductions
Withholdings amount of an individual's wages which are deducted and itemized like taxes, insurance, retirement, etc.
Net Pay total amount an employee is paid after all deductions and withholdings, also called take home pay
Form W-4 mandatory document informing employers how much they need to deduct out of a paycheck for federal income tax
Form I-9 document which verifies the identity and eligibility of an employee to work in the United States
Form W-2 federal income tax document employers file for each employee providing information on wages and taxes withheld
Form 1040/1040A most common tax filing document used to report annual income taxes
Created by: mrs.harrell
Popular Business sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards