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| Term | Definition |
|---|---|
| Associate Degree | is an undergraduate academic qualification that usually takes two years of full-time study to complete. |
| Bachelors Degree | an undergraduate academic degree awarded by a college or university after completing a course of study that typically lasts four years. Wikipedia +1 |
| Benefits | is an advantage, profit, or helpful effect gained from something. |
| Compensation | the total amount of money, goods, or benefits given to a person in exchange for work, services, or as a way to make up for a loss or injury. |
| Doctorate Degree | the highest level of academic degree you can earn in most fields. |
| FICA | stands for the Federal Insurance Contributions Act, a U.S. federal payroll tax deducted from employee wages to fund Social Security and Medicare. |
| Gross Income | Gross income is the total amount of money earned from all sources before taxes and any other deductions are removed. |
| Income Tax | An income tax is a mandatory government levy charged on the financial earnings and profits of individuals and businesses. |
| College Major | A college major is your primary field of study and the main subject area you choose to specialize in while earning an undergraduate degree. |
| . Masters Degree | an advanced, postgraduate academic qualification earned after completing a bachelor's degree |
| . Minimum Wage | the lowest legal hourly, daily, or monthly pay that employers can pay workers for their labor. |
| . Payroll Deduction | amounts withheld from your gross pay to cover taxes, benefits, and other required or optional obligations |
| PTO | Paid Time Off, |
| Salary | a fixed amount of money paid by an employer to an employee for work done |
| Wage | payments made by an employer to an employee in exchange for work or services, |