Tag: wages
How To Claim Back Your Unpaid Wages?
One of the most common issues employees face is not being paid their wages. This can happen for various reasons, including employers withholding wages,...
Nanny Tax
DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the...
Official Strike
What is an official strike
A strike is a work stoppage caused by the refusal of employees to work. It is usually in response to...
Abandoned Property
What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of...
Salary Freeze
What is 'Salary Freeze' The action of a company suspending salary increases for a period of time. By freezing salary increases for...
Qualified Production Activities Income (QPAI)
Qualified Production Activities Income (QPAI) What is 'Qualified Production Activities Income - QPAI' Income derived from domestic production that qualifies for...
Wage Expense
What is 'Wage Expense'
In financial accounting, wage expense represents payments made to non-manufacturing employees, regardless of whether they are hourly or salaried. Depending on...
Wage Push Inflation
What is 'Wage Push Inflation' Wage push inflation is a general increase in the cost of goods that is preceded by and...
Garnishment
DefinitionGarnishment is an American legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff to...
Wage-Price Spiral
What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising...