PFM5 JW

1. money received
4. fixed amount of money or compensation paid to an employee by an employer in return for work performed
6. wages are deposited directly into a depository account
8. the family and medical leave act allows eligible employee's unpaid time off for specified family and medical reasons
12. The portion of current income not spent on consumption
13. a person who relies on someone else for financial support
16. the amount the employer has contributed to various employee benefits
19. when income is greater than expense
20. a fee that a salesperson receives upon completion of a sale

2. agreement between an employer and employee
3. employers may offer employee benefits in the form of products or services that add extra value for employees beyond earned wages
5. amount of money left once all payroll deductions have been subtracted from gross income; often referred to as "take home pay"
7. outlines the deductions made to wages
9. a payment applied to the balance of a loan, used when purchasing real estate
10. total tax bill
11. a tax on earned and unearned income
14. the regular schedule that employers pay employees
15. an individuals income earned as salary or wages before taxes and other deductions
17. a financial product that transfers risk from an individuals to an insurance company or organization
18. when income is less than expense