Examlex
Most historians view the increase in union membership in the United States as an outgrowth of the transition from an industrial economy to a service economy during the middle part of the 20th century.
Gross Pay
It's the total amount of compensation that an employee receives before any deductions, such as taxes and retirement contributions, are made.
FICA-OASDI
The portion of the U.S. Federal Insurance Contributions Act tax that funds the Social Security retirement, disability, and survivors' benefits.
Federal Income Tax
A tax levied by the federal government on the annual income of individuals, corporations, trusts, and other legal entities.
FICA Rate
The percentage of social security and Medicare taxes that must be paid by both employees and employers under the Federal Insurance Contributions Act.
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