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Earning income
| Term | Definition |
|---|---|
| Associate Degree | a person connected with others in work or friendship, a junior professional title, or the mental connection of two or more things. |
| Bachelors Degree | an undergraduate academic qualification awarded by a college or university after completing a course of study that typically lasts four |
| Benefits | an advantage, profit, or helpful effect gained from something. |
| Compensation | the total amount of money, benefits, and other rewards an employer gives an employee in exchange for their work. |
| Doctorate Degree | the highest level of academic or professional degree you can earn in a field of study. |
| FICA | , which is a U.S. federal payroll tax used to fund Social Security and Medicare. |
| ss IncomeGro | typically refers to one of two things: |
| Wage | payments made by an employer to an employee in exchange for work or services, |
| Salary | a fixed amount of money paid by an employer to an employee for work done |
| PTO | , a workplace policy where employees keep getting their regular pay while taking time away from wor |
| Payroll Deduction | amounts withheld from your gross pay to cover taxes, benefits, and other required or optional obligations |
| Minimum Wage | the lowest legal hourly, daily, or monthly pay that employers can pay workers for their labor. |
| Masters Degree | an advanced, postgraduate academic qualification earned after completing a bachelor's degree |
| College Major | It makes up about one-third to one-half of the total credits you need to graduate. Specific Classes: You take a structured set of introductory and advanced classes created by an academic department. Degree Connection: Your major determines what specifi |
| Income Tax | a mandatory payment or charge collected by a government from individuals and businesses to fund public services and infrastructure. |