Spider Meaning. Spider spirit animal is the enchantress of creativity and artistic expression, she weaves a magical spell as she infuses her dreams into the web she weaves. In ritual she builds her web is creative expression and expectation of all she needs and desires.
Social Security tax is one part of the Federal Insurance Contribution Act (FICA) tax, and it is assessed at a rate of 12.4%. This is split evenly between the employee and employer, and it applies to earned income up to $118,500 for 2016 -- resulting in a maximum Social Security tax of $14,694. The remainder of FICA tax goes to Medicare.
Federal Rule. The salary threshold for the FLSA's overtime exemption would have increased to $47,476 from $23,660 on Dec. 1. And employers had the option of raising salaries for exempt employees above the threshold or reclassifying employees to nonexempt.