Examlex
Benchmarking compares a company's current performance against its own previous performance or against that of its competitors.
Net Pay
The amount paid the employee, calculated as gross pay less payroll deductions.
FICA Taxes
Taxes imposed on both employers and employees to fund Social Security and Medicare.
Social Security
A government program that provides financial assistance to individuals during retirement, disability, or upon the death of a parent or spouse.
Medicare
A federal healthcare program primarily for people aged 65 and older, providing coverage for various medical services.
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