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Salary and Pay Rates

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Earlene Ritchie

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Cards in this guide (22)
What are employee benefits

Employee benefits are things other than money the company gives you:

medical insurance

life insurance

disability insurance

retirement benefits

vacation

paid holidays

Managers for which type of employees use the amount of work completed to calculate the wages of an employee

Piece-work employees

Which of these is the best description of a total compensation plan

the wages and benefits an employee receives at a job...

What is usually true of business schools

They are accredited by state higher education boards.

Which technology tool allows people to download a television show to watch at a later time

portable media player

Which of these forms lists the amount of Social security taxes that were paid during the year

A W-2 form lists the amount of Social Security taxes that were paid during the year.

What best describes net pay

the amount of money a worker actually takes home after deductions

How much money did you make per hour if you earned 856.80 over the 8-week period for 14 hours a week for the past 8 weeks

Calculate the total number of hours worked and then divide the total pay by the total number of hours to get the hourly rate:

14 hr/wk × 8 wk = 112 hr

856.80 ÷ 112 hr = 7.65 per hour.

How do you calculate the gross pay per paycheck for an employee who makes an annual salary of 30 000 and is paid biweekly

1,153.85
$30,000 / 26 weeks is $1,153.85

For a total of 770.00 Tom works 14 hours a week for 10 weeks how much money does he make per hour

$5.50 per hour

14*10=140
770/140=5.5

Which term is defined as the dollar amount earned in a worker's paycheck

nominal wages

Carrei attends grant university she works 22 hours each week at freight unlimited and makes 12 per hour how much money will she earn during an 18-week semester

4752.00

What is the best description of a defined benefits plan

a set amount an employee will receive at retirement

Martin works 32 hours a week for 7.50 an hour Calculate his straight time pay over a 4-week period
What is the best description of straight time pay

the amount of money a person receives when paid a certain amount per hour

What is the gross pay per pay period if an employee is paid an annual salary of 37500 semimonthly

1,562.50

Over five weeks you earned a total of 147250 You were paid 775 per hour and worked the same number of hours each week How many hours per week did you work

38 hours

If Jose works 25 hours a week at 12.50 per hour How many weeks will he have to work to earn 3437.50

10.5 weeks. Jose needs to take a basic math class.

Is salary an example of earned income

Yes.

Which of these employees earn a specified amount of money based on the total amount of sales completed

Commissioned employees

How many paychecks does a person who is paid biweekly receive in a year

26 broski. .

Which of these items is not considered by economists to be a needa mealsheltera coata book

Which of these items is not considered by economists to be a need?

a meal

shelter

a coat

a book

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