Term Definition
employment getting paid for work one does is employment
work any activity carried out that involves effort but no payment
unemployment people who want to work for payment but are unable to find suitable employment
gross pay amount earned before deductions
statutory deductions these deductions have to be paid
paye pay as you earn
vhi voluntary health insurance
Labour Force all those people available to work, it does not include those in education, retired or those who do not work outside of the home
non statutory deductions these are voluntary deductions do not have to be paid