Examlex
Increasing global competition is causing Chief Financial Officers to review the cost structure, orientation and strategic role of the finance function.
Federal Insurance Contributions Act
U.S. legislation that funds Social Security and Medicare through payroll taxes imposed on both employers and employees.
FICA
The Federal Insurance Contributions Act, which mandates a payroll tax to fund Social Security and Medicare in the United States.
Fair Labor Standards Act
A federal law in the United States that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers.
Employees
Individuals hired by a business or organization to perform work in exchange for compensation.
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