payroll deduction

Wages minus something

A payroll deduction is an amount withheld from an employee's wages before they receive their paycheck.

Some deductions are mandatory—income taxes, Social Security contributions—while others are voluntary: health insurance premiums, retirement contributions, union dues.

The company offers payroll deduction for charitable giving.

Related

union dues · Medicare tax · W-2 form · unemployment insurance · court fines · commuter benefits · tax liens · state tax · parking fees · federal tax · HR department · FICA · pretax · levies · retirement · tax brackets · withholding · gross

Categories
Opposites
addition vs. subtraction from pay

payroll deductionbonus

Reward beyond expectation

allowance · gross pay · stipend · overtime pay · hazard pay

gross vs. net compensation

payroll deductiontake-home pay

Earnings after withholdings

net pay · gross pay · gross earnings · disposable income · cash in hand

withholding vs. disbursement

payroll deductiondirect deposit

Funds sent to account automatically

wage payment · paycheck · cash in hand

Family

roll, deduction

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Rated G