Examlex
The discount rate is adjusted:
Fair Labor Standards Act
A U.S. law that sets out various labor regulations regarding interstate commerce employment, including minimum wages, requirements for overtime pay, and limitations on child labor.
Gross Earnings
The total income earned by an individual or company before deductions such as taxes and retirement contributions.
Regular Earnings
Income received from standard work hours or salary, excluding overtime or bonuses.
FICA-OASDI
Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance, a U.S. payroll tax that funds Social Security and is shared between employers and employees.
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