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☆☆☆☆☆Cards in this guide (16)
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
Which benefits costs are usually shared by the employee and employer
healthcare
Which of these is true of an annuity
there are two types of annuities including fixed and variable
Which of these statements describes the elements of a traditional fee-for-service health insurance plan
It is usually the most expensive healthcare choice but offers the most flexibility.
What is an important reason for knowing the approximate difference between your gross pay and your net pay
Knowing the difference will allow you to develop a realistic budget based upon your take-home pay.
What type of insurance will pay for a persons loss of sight
accidental death and dismemberment
Overworking oneself can lead to which of these problems
all answers are correct
How do you work the math question for how much will an employee will earn per hour if a job is for 35 hours per week and an employee can earn 542.50 per week
15.50
On time airways will pay you 456 dollars for working two weeks at 12 dollars per hour how many hours will you work per week
$456 for two weeks → $456 ÷ 2 per week = $228 per week
$12 per hour → $228 per week ÷ $12 per hour = 19 hours per week.
Martin works 32 hours a week for 7.50 an hour Calculate his straight time pay over a 4-week period
The Social Security tax is 6 2 percent and the Medicare tax is 1 45 percent of your annual income How much would you pay per year to FICA if your annual earnings were 47000
47000 times 7.65 % the amount of FICA would be 3595.50.
Is an income tax a progressive shared proportional or regressive tax
progressive shared
Which of these employees are eligible for overtime and holiday pay
hourly employees
Which of these equations is used to calculate straight time pay
Straight time pay = hourly wage x hours worked per week x number of weeks worked.
Which of these is often provided for free by the employer
life insurance
Which type of tax is collected by a mediating agent and then forwarded to the government
indirect tax
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