Employee Deductions - HR Glossary

HR Glossary - Employee deductions - Hireforce
HR Glossary - Employee deductions - Hireforce

Employee deductions are amounts deducted from an employee's earnings or compensation for a variety of reasons, including taxes, benefit contributions, and legally permissible deductions. These deductions are often specified in work contracts or authorized by labor legislation.

Example

Employees' paychecks may include deductions for income taxes, Social Security, health insurance premiums, retirement plan payments, or union dues.

Read next

Join with us

Lead the change. Build a skills-first workforce

The future belongs to agile organizations that align talent to opportunities faster than the competition. TalentsForce helps you transform today, building the skills, intelligence, mobility, and adaptability your business needs to lead tomorrow.