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Can induction and deduction be used together?
Indirect Pay
Employee compensation that does not take the form of direct wages or salaries, including benefits like health insurance, retirement contributions, and other non-cash rewards.
Compensation Package
The total combination of salary, benefits, bonuses, and any other perks provided to an employee in exchange for their work.
Life And Accident Insurance
A type of insurance that provides compensation in case of death or specific bodily injuries as a result of an accident.
Tax Code
The laws, rules, and regulations that govern tax liabilities and benefits, influencing how individuals and businesses are taxed.
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