The law requires that Centerspace makes certain deductions from every team member’s compensation. Among these mandatory deductions are applicable federal, state, and local income taxes. Centerspace must also deduct Social Security taxes on each team member’s earnings up to a specified limit that is called the Social Security “wage base.”
Centerspace offers programs and benefits beyond those required by law. Eligible team members may voluntarily authorize deductions from their paychecks to cover the costs of participation in these programs.
Please contact the Payroll team if you have any questions concerning why deductions were made from your pay or how they were calculated.
Also found in the Centerspace Team Member Handbook.