Examlex
Explain the importance of Human Resource Planning for staffing needs.
Salary
A steady payment made by an employer to an employee, usually on a monthly or biweekly schedule, although it's frequently presented as a yearly total.
Minimum Wage
The hourly rate that federal law allows as the least hourly rate to be paid to an employee in the United States.
Hourly Rate
The amount of money paid for each hour of work performed, typically used as a measure of compensation for part-time or contract employees.
FICA Taxes
Taxes collected in the United States to fund Social Security and Medicare, typically deducted from employees' paychecks.
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