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Financial Algebra – Unit 1 Vocabulary

Across
Extra hours worked beyond an employee's regular hours
Brief overview of a job-seeker's education and qualifications for employment
A set amount that an employee is paid for each hour of work
Fixed timeframe states use to determine weekly unemployment benefits
Total income an employee receives after deductions (ex: taxes, benefits, retirement)
Payroll or other checks that are electronically added to a bank account
Assistance to employees who are injured while working at their job
Two times per month
Tax paid by employee and employer, determined as a percent of employee's income
U.S. government insurance program that provides income to people who are retired or disabled
Taxes employees and employers contribute that is used to pay current benefits to others (ex: Medicare & Soc. Sec.)
Additional compensation from employers (ex: health/dental insurance, child care, retirement)
Money employee receives based on sales (ex: musicians, authors)
Down
Employee receives a percentage of amount of sales by that employee
Government program that offers benefits to employees who have become unemployed through no fault of their own
Amount employee earns in one calendar year
Hourly rate that federal law allows paid to U.S. employees
Business that charges a fee to find jobs for people
Total pay, including hourly and overtime pay
Set amount of money that a worker receives for each item the individual produces
Type of retirement plan where employee receives compensation from employer after retirement
Amount that a charge, cost, or fee is lowered
Every two weeks (every other week)