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# Salary and Pay Rates

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2021-10-09 18:34:02
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Cards in this guide (20)
Four factors of production

-=four factors of production-=

*land

*labour

*capital

*entrepreneur

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 best describes net pay

the amount of money a worker actually takes home after deductions

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

What is the best description of a defined benefits plan

a set amount an employee will receive at retirement

What is the best description of straight time pay

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

Which of these forms is used to determine the number of allowances a taxpayer can claim

w-4

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 1472.50 You were paid 7.75 per hour and worked the same number of hours each week How many hours per week did you work

38

Working for OK Titansports Donna makes an annual salary of 29400 What would her gross pay be if she were paid weekly

There are 52 weeks in a year, so her weekly pay would be:

\$29400 ÷ 52 ≈ \$565.38

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 are eligible for overtime and holiday pay

hourly employees

What represents an employee's total compensation plan

salary and benefits combined

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

Commissioned employees

Which of these employees earn a set annual income regardless of the hours or projects they complete

salaried

What is the salary of a Catholic priest in California

The salary of a Catholic Priest in California would depend upon whether he is a religious or a diocisenc priest....each has a different salary. A religious receives a salary of \$50 per month and a diocesan recieves a salary of about \$2000 per month.

Which one of these is not an example of an employees withholdings

Investment Earnings

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