Paychecks
52 paychecks/Yearly
Weekly
The balance or amount of money in an account.
Principal
Short and counting of a job seekers education and qualifications.
Resume.
Payroll or other types of checks that are directly submitted into an account.
Direct Deposit
The hourly rate the federal law allows as the least hourly rate to be paid.
Minimum wage.
12 paychecks/Yearly
Monthly
Interest that is earned on the money deposited into an account.
Compound Interest.
A place with listings of local open jobs.
Employment Agency.
A statement that includes all transactions that have occurred for approximately one month.
Bank Statement.
Discount.
26 Paychecks/Yearly
Bi-weekly
Calculating interest that is paid every 6 months.
Semi-Annual Compounding
Additional compensation from an employer.
Benefits.
An account in which the bank pays interest for use of the money deposited in the account.
Savings Account
A form that is filled out by a new employee that gives information to the government on how much money in taxes to deduct from an employees pay.
Form W-4
The Sum of hourly pay and overtime pay.
Gross Pay
Interest that is paid every three months.
Quarterly Compounding.
A process a company uses to verify that a person is who they claim to be.
Background Check.
An account that pays a higher interest rate, requires a higher initial deposit, and limits the number of transactions per month.
Money Market Account.
A type of worker who is paid for each item the employee produces.
Piece Workers.
Payment where an employee receives a percentage of the amount of sales produced.
Commission
Compounding interest so that it is calculated an infinite number of times per year.
Continuous Compounding.
Personal attributes that enable someone to interact effectively with other people.
Soft Skills.
A process of verifying the banks records to verify no errors were made.
Reconciling.
The interest rate paid per year or charged per year.
Annual Percentage Rate.