Examlex
Solve the system by the method of substitution.
Take Home Pay
The net amount of income that an employee receives after deductions like taxes and social security contributions.
Labor Cost
The total expenses incurred by a company to employ workers, including wages, benefits, and taxes.
Employment
Employment is a contractual relationship between an employer and an employee where the employee provides labor or services in exchange for compensation.
Payroll Tax
Contributions demanded from employers or their staff, often pegged to a percentage of the paychecks disbursed to employees.
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