45+ Pay Stub Abbreviations and Acronyms Decoding Tips
Almost everyone working as an employee will have FICA taxes deducted from their wages. Monthly tips under $20, workers’ compensation, employer contributions to retirement plans, employee insurance, and family employees under 18 are all exempt from FICA. Students involved with a work study program at their university may be exempt, if they meet certain qualifications. […]
Total Manufacturing Cost: Formula, Guide, & How to Calculate
Viindoo software allows you to set the corresponding labor cost calculation. When the production order is completed, the system automatically calculates labor costs according to the actual number of hours or the actual output that you have entered the system. For example, using a CMMS to track work orders can help you assess the labor […]