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The Wage and Tax Statement is the document an employer is required to send to each employee and the Internal Revenue Service (IRS) at the end of the year. It reports employees' annual wages and the amount of taxes withheld from their paychecks.
Branding
W2
W4
Paycheck
A compilation of the policies, procedures, working conditions, and behavioral expectations guides employee actions in a particular workplace.
Employee handbook
Human resources brochure
Vision statement
Code of ethics
Occurs when one party in a binding agreement fails to deliver according to the terms of the agreement.
Mission statement
Breach of contract
Code of ethics
Policy
A legal procedure requiring a portion of a debtor’s pay to be set aside by the person’s employer to pay creditors.
Workers compensation
Unemployment insurance
Garnishment of wages
Protocol
A method of settling disputes outside of court in which the parties involved agree to accept the decision of a third party.
Protocol
Arbitration
Code of ethics
Garnishment
The state of keeping secret or not disclosing information.
Risk management
Implementing
Confidentiality
Compensation
Someone who directs an organization's sales team, oversees its processes, and is typically in charge of talent development and leadership.
Clerk
Cashier
Sales manager
Stakeholder
The net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck.
Capital
Net pay
Territory
Gross pay
A boss or manager who gives excessive supervision to employees.
Disclaimer
Micromanage
Supervisor
Risk management
Putting into use or practice.
Confidentiality
Implementing
Termination
Risk management
An agreement that binds parties to secrecy and usually concerns employees, investors. and others with whom a business owner needs to share a trade secret or other sensitive information
Policy
Nondisclosure agreement
Garnishment
Protocol
A statement intended to protect the services, information, and property (both physical and intellectual) of a business or an organization.
Deductions
Micromanage
Disclaimer
Mission statement
Money or wealth used to generate income or to invest in a business or asset.
Cash
Capital
Net pay
Gross pay
The Employee’s Withholding Allowance Certificate that tells the employer how much tax to withhold from an employee’s paycheck.
W4
W2
Wage drift
Paycheck
A short informal message or record used for internal communication in a business.
Memo
Letter
Post-it
Clerk
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