Paystub Basics
This document shows earnings and amount taken out
What is a pay stub?
Money taken out of a paycheck before you receive it.
Everything tangible a person earns from work
What is compensation?
Bias against an employee based on a personal characteristic.
What is discrimination?
A worker with no employer-provided insurance is likely a ______ worker.
What is a freelance/self-employed worker?
This is the total money earned before deductions
What is gross pay?
A deduction set aside for benefits like insurance or retirement.
What is a contribution?
Pay based on hours worked.
What is a wage?
Consistent offensive behavior based on identity.
What is harassment?
How often must freelance workers usually pay taxes?
What's quarterly?
This is the money you actually take home after deductions.
What is net pay?
These taxes fund Social Security and Medicare.
What is FICA?
A fixed yearly amount paid in installments
What is a salary?
Not being paid wages you are legally owed.
What is wage theft?
Why might two workers with the same wage have different net pay?
What are different deductions or benefits?
Name two sections on a paystub that show gross pay.
What are current earnings and YTD earnings?
What do pre-tax deductions reduce income taxes?
What is because they lower taxable income?
Non-pay incentives provided by an employer.
What are benefits?
Being fired for an illegal reason.
What is wrongful discharge?
Give one pro and one con of having job benefits?
What is pro: coverage/security
con: lower take-home pay
Where on the paystub would you find net pay, and what does it represent?
What is the net pay section, showing take-home pay after deductions.
Name two programs taxes help pay for.
What are public schools, Medicare, Social Security, military, etc?
What is a compensation package, and why does it matter when choosing a job?
What is the combination of pay and benefits, which affects the total value of a job?
Which workplace department helps with disputes and employee issues?
What is Human Resources (HR)?
If a job seems "too good to be true" what should you do before accepting it?
What is research and verify legitimacy?