Hourly Pay
Define "hourly rate" in one sentence.
The hourly rate is the amount of money earned for each hour worked.
Define "overtime pay" and give the usual threshold (hours) for weekly overtime.
Overtime pay is additional pay for hours worked beyond the standard weekly limit; the common threshold is over 40 hours per week.
What does "piecework" pay mean? Give a brief definition.
Piecework pay means a worker is paid a fixed rate for each unit or item they produce.
Define "salary" and "pay period" in one sentence each.
Salary is a fixed amount of money paid to an employee, typically expressed as an annual amount. A pay period is the frequency at which employees receive paychecks (e.g., weekly, biweekly, semimonthly, monthly).
Define "commission" and "commission rate" in one sentence each.
Commission is money paid to an employee based on sales performance. A commission rate is the percentage (or fixed amount) of sales used to compute commission earnings.
Jessie earns $11.25/hour and works 30 hours. What is his straight-time pay?
Straight-time pay = $11.25 × 30 = $337.50.
If regular pay is $12.40/hr, what is the time-and-a-half overtime rate?
Overtime rate = $12.40×1.5=18.60 ($18.60/hr)
If a craftsperson is paid $2.50 per item and produces 32 items in a week, what is their total piecework pay?
Total pay = $2.50×32=$80.00
If annual salary is $75,000, what is the salary per pay period if paid monthly?
$75,000/12 = $6250
Convert 7% to a decimal and compute commission on $12,560 in sales.
$12,560 x .07 = $879.20
Write the formula for straight-time pay using symbols for hourly rate (r) and hours worked (h).
Straight-time pay = r×h.
A worker earns $12.40/hr, works 40 hours straight time and 11 hours overtime at time-and-a-half. Calculate total pay.
Straight pay = 12.40×40=496.00
Overtime rate = 12.40×1.5=18.60
Overtime pay= 18.60×11=204.60
Total pay = 496.00+204.60=700.60
A worker is paid $3.15 per item and produces 28 items over three days: 9, 12, and 7. Show the calculation for total pay.
Total pay = $3.15×28=$88.20
Calculate semimonthly and biweekly pay periods for a $52,000 annual salary (show both).
Semimonthly (24 pay periods):
$52,000/24=$2,166.67
Biweekly (26 pay periods):
$52,000/26 =$2000.00
F. July made $1,635 in sales with a 3.2% commission. What was the commission total?
$1,635 x .032 = $52.32
Hunter James earns $13.10/hour and wants to earn $497.80 in straight-time pay. How many hours must he work?
$497.80/13.10 = 38 hours
Emma makes $15.76/hr. She worked 46 hours in a week. Compute her total pay assuming overtime is time-and-a-half for hours over 40.
Straight pay = 15.76×40=630.40
Overtime rate=15.76×1.5=23.64
Overtime hours = 6
Overtime pay = 23.64×6=141.84
Total pay = 630.40+141.84=772.24
Two types of items: cakes paid $2.00 each (20 made) and cupcakes paid $0.75 each (48 made). Find total earnings.
Cakes = $2.00×20=$40.00
Cupcakes = $0.75×48=$36.00
Total = $40.00+$36.00=$76.00
A teacher's annual salary is $38,588.16. Find weekly pay (use 52 weeks).
$38,588.16/52 = $742.08
A salesperson earns a 6% commission on $326,712 of sales. Compute the commission.
$326,712 x .06 = $19,602.72
A worker's paycheck shows $624.00 for 48 hours at straight time only. What hourly rate produced this pay?
$624.00/48 = $13.00 an hour
Explain and compute total pay when an employee earns double-time for 8 hours and time-and-a-half for 4 hours in the same week. Use a $20/hr regular rate.
Straight pay (assume 40 straight hours) = $20×40=800.00
Time-and-a-half rate =$20×1.5=$30.00
Overtime pay at 1.5 rate = $30×4=$120.00
Double-time rate = $20×2=$40.00
Overtime pay = $40×8=$320.00
Total pay = $800+$120+$320 = $1240
Propose a real-world job that might use piecework pay, then create a short problem: include a rate, number produced, and compute total pay.
A textile worker is paid $1.75 per completed shirt. In a day they finish 54 shirts. What is their total pay?
Total pay = $1.75×54=$94.50
Explain why semimonthly and biweekly pay can produce different paycheck amounts even though they are both common pay schedules. Provide a numeric example using a $50,000 annual salary to show the difference.
Semimonthly (24 payments) divides the annual salary by 24; biweekly (26 payments) divides by 26
$50,000/24 = $2,083.33 per pay
$50,000/26 = $1,923.08 per pay
A seller has a tiered pay structure: a $2,000 base salary plus 3% on the first $50,000 in sales and 5% on sales above $50,000. If sales are $80,000, compute total pay (show steps).
Base = $2,000
Commission on first $50,000 = $50,000×0.03=$1,500
Commission on remaining $30,000 = $30,000×0.05=$1,500
Total pay = $2,000 +$1,500+$1,500 = $5,000