Examlex
The formula for the return on assets is
Hourly Rate
A rate of pay based on one hour of work, often used to compensate temporary, part-time, or freelance employees.
FICA Tax Rates
The percentages of social security and Medicare taxes that both employers and employees must pay, according to the Federal Insurance Contributions Act.
Net Pay
The amount of an employee's earnings remaining after all deductions, such as taxes and retirement contributions, have been taken out.
Overtime Rate
The higher pay rate employees earn for hours worked in excess of standard full-time hours.
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