Starting a New Job
Terms in this set (8)
Employers may offer employees benefits in the form of products or services that add extra value for employees beyond earned wages.
An agreement between an employer and an employee.
(Employee's Withholding Allowance Certificate) The form that determines the percentage of an employee's pay that will be withheld for federal taxes.
A flexible spending arrangement (FSA) is a form of cafeteria plan benefit, which is pre-tax, funded by salary reduction, that reimburses employees for expenses incurred for certain qualified benefits. An FSA may be offered for dependent care assistance, medical, dental, and optometrist care reimbursements.
All US employers are required to have employees fill out this form. It is used for verifying the identity and employment authorization of individuals hired for employment in the United States. The employee must also present his or her employer with acceptable documents evidencing identity and employment authorization.
A person who relies on the taxpayer for financial support.
Cost of Living
The average cost of basic necessities, such as housing and food.
Cost of Living Index
Measures differences in the price of goods or services over time in regions.
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