Across
- 3. Nation’s health care program for the elderly and disabled, provides hospital and medical insurance to those who qualify (based upon a 1.45 % of gross income).
- 4. Non-wage compensation provided to employees in addition to their normal wages or salaries. These types of benefits may include group insurance (health, dental, vision, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), funding of education, as well as flexible and alternative work arrangements.
- 6. Taxes which vary by state, are a percentage of money that you pay to the state government based on the income you make at your job.
- 7. The amount required by law for employers to withhold from earned wages to pay taxes. The amount of money deducted depends on the amount earned and information provided on the Form W4. The largest deduction withheld from an employee’s gross income.
- 10. Companies may provide employees with a life insurance policy and may offer the option for larger life insurance policies for additional cost if desired.
- 11. The amount of money subtracted from the gross pay earned for mandatory systemic taxes, employee sponsored medical benefits, and/or retirement benefits.
- 12. This is insurance provided to insure the continuation of part or all of their salary in the event they become unable to work.
- 14. Companies may provide insurance to cover some or all medical expenses at a lower rate for their employees due to a larger number of people they employ who are using the same coverage.
- 16. A document included each pay period that outlines paycheck deductions.
Down
- 1. A self-assessment tool that measures and individual’s interests in a broad range of occupations, work activities, leisure activities, and school subjects.
- 2. Companies can provide plans that allow employees to set aside salary or receive as a part of salary, benefits that will be paid after the employee retires. These can include company stock options, 401k employer matching, and other employer specific retirement programs.
- 5. That part of an employee’s earnings remaining after deductions required by law (e.g., taxes); it is used to determine that amount of an employee’s pay that is subject to a garnishment, attachment, or child support withholding order.
- 8. An insurance plan, relating to life insurance and old age pensions, offered/required by the Federal government to specified groups of the population, on a contributory basis.
- 9. That part of an employee’s wages that remains after all deductions have been subtracted.
- 13. The total amount received from the employer before any deductions are made.
- 15. Collects federal taxes, issues regulations, and enforces tax laws written by the United States Congress.