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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.
FICA Taxes
Taxes imposed on both employers and employees to fund Social Security and Medicare in the United States.
Retirement Benefits
Payments or other benefits provided to employees after they retire, such as pensions or health insurance.
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