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Networking requires transparency to work most effectively.
FICA Tax Rate
The combined rate for Social Security and Medicare taxes in the United States, paid by both employees and employers.
Payroll Deduction
Amounts withheld from an employee's salary by an employer for taxes, benefits, and other legally permitted or voluntary deductions.
Regular Hourly Wage
This is the standard amount of money paid to an employee for each hour of work, excluding overtime rates or bonuses.
Net Pay
The amount of an employee's earnings after all deductions, such as taxes and retirement contributions, have been withheld.
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