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Unemployment Insurance
A government program that provides financial assistance to eligible workers who are unemployed through no fault of their own, offering temporary income support.
Employee Wages
The compensation paid to employees for their labor, including hourly wages, salaries, and other forms of payment for work performed.
Merit Rating
A system of evaluating employees or operations based on performance, often utilized in determining pay raises or operational improvements.
FICA Taxes
Taxes imposed on both employees and employers to fund Social Security and Medicare, based on a percentage of the employee's earnings.
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