After the Interview: Formulas for Career Success

act of being refused or turned down

• hired

• rejection

• working

• heartbreak

payment provided for doing a job

• contract

• bill

• compensation

• balance due

monetary payments employers make to employees; sometimes known as wages; types include salary, hourly, commission and bonuses

• tax payment

• bonus

• indirect compensation

• direct compensation

expenditures made by an employer on behalf of employees; includes discounts, paid time off, insurance, retirement plans, stock options, child care, transportation, communication technology, etc.; sometimes known as fringe benefits

• tax payment

• bonus

• indirect compensation

• comepnsation

set sum of money to be paid by employer to employee over a defined period of time

• bonus

• salary

• hourly

• tax payment

compensation paid based on the number of hours an employee works

• hourly wage

• salary

• bonus

• tax payment

compensation paid based on employee performance

• salary

• commission

• hourly wage

• bonus

compensation used as an incentive for achieving goals; typically used in addition to another form of compensation

• salary

• commission

• hourly wage

• bonus

Employment Eligibility Verification Form; federal form used by employers to document employees’ identity and eligibility to work in the United States

• Form W-4

• Form 1099

• Form W-2

• form I-9

percentage of earnings deducted from an employee’s pay and submitted to the government

• Social Security

• Insurance

• Withholding Tax

• Garnishment