Pay Rates
Pay Check
Terms 1
Terms 2
Examples
100
A fee paid for making a sale
Commission
100
money taken out of your check
deductions
100
Time and half
overtime
100
You get paid twice a month
bi-weekly
100
Teachers get paid
Salary
200
money paid on an hourly basis for labor
hourly/ Wages
200
Some examples are, paid vacations, health insurance, life insurance
benefits
200
In South Carolina 7.25 is this
minimum wage
200
you get paid once a week
weekly
200
Factory workers get paid this
piece rate
300
money paid for each item produced by worker
piece rate
300
Money paid after you retire for work already done
pension
300
Money paid so you have someone protecting your rights at work
union dues
300
When your paycheck gets deposited into your account
direct deposit
300
Car Sales get paid this
commission
400
fixed amount of money paid regulary for work done
salary
400
your paycheck before deductions
gross pay
400
Money put into an account that grows interest for when you retire
401k
400
The place you work is called your
emloyer
400
Cashiers get paid this
hourly
500
When you work but dont get paid for it
volunteer
500
Your paycheck after deductions
net pay
500
Who receives your life insurance
the person you appoint
500
A form that is filled out to allow your job to know how much deductions to take out of your check
W4
500
Construction workers get paid what
hourly
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