Salary

• Total amount earned by all employees for a payroll period.

• Number of days of weeks of work covered by an employee's paycheck.

• Amount paid to an employee for every hour worked.

• A fixed sum of money divided amoung equal pay period.

Payroll

• Total amount earned by all employees for payroll period.

• Number of days of weeks of work covered by an employee's paycheck.

• Amount paid to an employee for every hour worked.

• A fixed sum of money divided amoung equal pay period.

Wage

• Total amount earned by all employees for a payroll period.

• Number of days of weeks of work covered by an employee's paycheck.

• Amount paid to an employee for every hour worked.

• A fixed sum of money divided amoung equal pay period.

Payroll taxes

• A deduction from total earnings for each person legally supported by taxper and employer

• A fixed sum of money divided among equal pay periods

• Total amount earned by all employees for a payroll period

• Taxes based on payroll of a business

Pay Period

• Amount paid to an employee for every hour worked.

• Total amount earned by all employees for a payroll period

• A fixed sum of money divided among equal pay periods.

• Number of days of weeks of work covered by an employee's paycheck.

Monthly Pay Period

• 52 pay periods

• 26 pay periods

• 24 pay periods

• 12 pay periods

Semi-Monthly Pay Period

• 52 pay periods

• 26 pay periods

• 24 pay periods

• 12 pay periods

Weekly Pay Period

• 52 pay periods

• 26 pay periods

• 24 pay periods

• 12 pay periods

Bi-Weekly Pay Period

• 52 pay periods

• 26 pay periods

• 24 pay periods

• 12 pay periods

Medicare Tax rate is....

• 1.45%

• 7.65%

• 6.2%