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If lower-class students fail at school, they will not be able to attain their goal of middle-class status.This is known as status frustration.
Mandatory Payroll Deductions
Compulsory deductions from an employee's paycheck by the employer, covering taxes, social security, and other legally required withdrawals.
Voluntary Deductions
Amounts that a person chooses to have withheld from their paycheck, such as contributions to retirement plans or health insurance premiums.
Payroll Expenses
Costs associated with compensating employees, including wages, salaries, bonuses, and related taxes and benefits.
Net Pay
The amount of an employee's earnings after all deductions, such as taxes and retirement contributions, have been subtracted.
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