The total earnings of an employee prior to any deductions is called net pay.

Wages calaculated using a piece rate system are an example of a type of fringe benefit.

An exempt employee is not covered by the Fair Labor Standards Act.

A Form W-4 is used to verify that every employee hired is eligible to work in the United States.

The type of insurance that provides benefits to employees who suffer on-the-job injury is -

Bonuses, shift payments, and other compensation are not included in calculating an employee's straight time and overtime rate.

The Fair Labor Standards Act established minimum wage, overtime, and child labor standards that affect many full-time and part-time workers.

Tipped employees are subject to special rules and regulations.

Social Security is an optional deduction taken from an employee's earnings.

Employer provided benefits are often referred to as perks or fringe benefits.

Employees may authorize additional amounts they want withheld from their earnings for income, state, or local taxes.

The form used to summarize and report an employer's quarterly payroll taxes is Form 940.

An owner of a sole proprietorship is not legally classified as an employee of the business.

All businesses are required by the IRS to have an employee identification number (EIN) if they have employees.