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money matters
| Question | Answer |
|---|---|
| Associate Degree | an undergraduate academic program that typically takes two years of full-time study to complete |
| Bachelors Degree | an undergraduate academic qualification awarded by a college or university after completing a course of study that typically lasts four years |
| Benefits | Extra perks provided by a company in addition to a salary, such as health insurance or paid time off. |
| Doctorate Degree | the highest academic level you can achieve in a university or field of study |
| FICA | stands for the Federal Insurance Contributions Act |
| Income Tax | Income tax is a mandatory financial charge levied by governments on the 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 hourly pay that an employer can legally pay an employee |
| Payroll Deduction | the amounts subtracted from your total gross earnings to cover taxes, benefits, and other legal or voluntary obligations |
| PTO | paid time off |
| Salary | a fixed amount of money paid regularly by an employer to an employee for their work |
| Wage | the financial compensation paid by an employer to an employee in exchange for work or services rendered |
Created by:
cpostle32