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chapter one

QuestionAnswer
Associate Degree an undergraduate academic program that typically 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 an undergraduate academic degree awarded by a college or university after completing a course of study that typically lasts four years.
Compensation an advantage, profit, or helpful effect gained from something.
Doctorate Degree the highest level of academic degree you can earn in most fields
FICA U.S. federal payroll tax deducted from employee wages to fund Social Security
Gross Income the total amount of money earned from all sources before any taxes or deductions are subtracted
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, usually calculated on an hourly, daily, or piecework basis.
Created by: Ethompson32
 

 



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