Employment Concepts and Job Application Essentials

Fee paid

A short account of your education and qualifications for employment.

<p>Used by employers for income tax purposes.</p> Signup and view all the answers

<p>Additional compensation from your employer.</p> Signup and view all the answers

<p>Amount the fee was lowered.</p> Signup and view all the answers

<p>Paid every week; 52 pay periods a year.</p> Signup and view all the answers

<p>Paid every other week; 26 pay periods per year.</p> Signup and view all the answers

<p>Paid twice a month; 24 pay periods per year.</p> Signup and view all the answers

<p>Paid once a month; 12 pay periods per year.</p> Signup and view all the answers

<p>Paycheck amounts are automatically deposited electronically into bank accounts on payday.</p> Signup and view all the answers

<p>Pay per hour of work.</p> Signup and view all the answers

<p>The employee works a specific number of hours per week.</p> Signup and view all the answers

<p>Hours worked beyond regular hours.</p> Signup and view all the answers

<p>Usually greater than the hourly rate for regular hours.</p> Signup and view all the answers

<p>1.5 times the regular rate of pay.</p> Signup and view all the answers

<p>Twice the pay per hour of regular pay.</p> Signup and view all the answers

<p>The sum of your hourly pay and your overtime pay.</p> Signup and view all the answers

<p>Lowest hourly rate that can be paid to an employee in the United States.</p> Signup and view all the answers

<p>Pay based on the amount of sales made.</p> Signup and view all the answers

<p>Pay based on the amount of sales of a product produced by them but sold by another.</p> Signup and view all the answers

<p>Items produced by a worker.</p> Signup and view all the answers

<p>Pay per item produced.</p> Signup and view all the answers

<p>Value-added options that an employer may choose to offer employees.</p> Signup and view all the answers

<p>Health, life, disability.</p> Signup and view all the answers

<p>Pay for time while on vacation, limited to employer's discretion.</p> Signup and view all the answers

<p>Pay for national or religious holidays.</p> Signup and view all the answers

<p>401k, Roth IRA, etc.</p> Signup and view all the answers

<p>Investment in a money market, stock market, etc.</p> Signup and view all the answers

<p>Investment specifically in certain risk stock markets.</p> Signup and view all the answers

<p>Federal mandate that requires the employer to hold your job while you are out for care of a child.</p> Signup and view all the answers

<p>Health insurance that covers all family members through the age of 26.</p> Signup and view all the answers

<p>Health insurance for the employee only.</p> Signup and view all the answers

<p>Compensation that an employee receives from an employer after retirement.</p> Signup and view all the answers

<p>Government-based program that offers benefits to eligible employees who become unemployed.</p> Signup and view all the answers

<p>Salaries that the employee earned during a fixed period of time.</p> Signup and view all the answers

<p>Financial assistance to those employees injured at work.</p> Signup and view all the answers

<p>Provides income for people after they retire, also pays benefits to disabled workers.</p> Signup and view all the answers

<p>Federal Insurance Contributions Act started in 1935 by Franklin D. Roosevelt.</p> Signup and view all the answers

<p>Tax if you work at a company covered by social security.</p> Signup and view all the answers

<p>6.2% of gross pay to cover programs.</p> Signup and view all the answers

<p>1.45% of gross pay to cover programs.</p> Signup and view all the answers

<p>The most an employer can take out to cover social security programs.</p> Signup and view all the answers

<p>Unique nine-digit number that belongs only to you.</p> Signup and view all the answers