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Self-managed teams lead to higher turnover and higher levels of absenteeism.
Payroll Tax Expense
Taxes that an employer is responsible for paying on behalf of its employees, which can include federal and state income taxes, Social Security, and Medicare taxes.
FICA Taxes Payable
The amount due for Federal Insurance Contributions Act taxes, which fund Social Security and Medicare, required to be paid by employers and employees.
Interstate Commerce
Refers to any work involving or related to the movement of goods or services across state lines within the United States.
Worker's Regular Hourly Wage
The standard rate of pay per hour for a worker before any overtime or bonuses are added.
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