Izz's Specialty
Izzeldean works the weekends (18 hours a week) with an hourly rate of $8. How much does he get before deductions?
$144
Izz receives benefits for working at his job. He receives various forms of compensation in addition to salary or wages.
Yes, as Izz is receiving benefits from his employer.
Disposable Income
Income available for spending after taxes and necessities.
The purpose of worker's compensation is to compensate workers injured on the job.
True.
How much money did Mike Evans make with his 1,000 yard reception?
$3,000,000
If Diego works 40 hours a week with a salary of $16/hr, how much does he get in total before deductions?
$640
Izz doesn't like filling out W-2 forms every time he starts a new job. Is this acceptable?
No, Izz is being a very bad boy.
Government-provided goods and services paid for by taxes.
Does every state have the same minimum wage?
No.
Minimum wage is based on the cost of living in every state.
Did Mr. Grass file a Form W-2 before working at RAMS?
Yes.
Form W-2: A form used to report taxable income that a worker received during the calendar year.
Izz worked 52 hours last week. His hourly rate is $7.80. How much did he get before deductions?
$452.40.
Izz (a forklift driver) gets injured on the job after being crushed by multiple pallets of goods. He does not receive worker's compensation. Is this correct?
Yes, this is correct as Izz " (A FORKLIFT DRIVER) " clearly indicates he caused the issue to begin with.
An account into which employees voluntarily contribute a portion of their earnings for their retirement.
Retirement plan.
There is no difference between gross and net pay.
False.
Net Pay: The amount of your paycheck after deductions.
Gross Pay: Total salary or wages earned during a pay period.
If Oscar shoots Cristian with a nail gun while Cristian was doing his job normally, does Cristian receive worker's compensation?
Yes, Cristian would receive worker's compensation.
Izz worked 46 hours last week. His hourly rate is $9.60. He has the following deductions taken from his pay: federal income tax at the rate of 10 percent, Social Security tax at the rate of 6.2 percent, Medicare tax at the rate of 1.45 percent, health insurance premiums of $12.20, and union dues of $9.50. What was his net pay?
Where does Izz work to receive his paycheck?
His fathers store.
In-Kind Payments
Payments made indirectly on a person's behalf or paid in a form other than money.
Profit sharing doesn't allow employees to share a portion of a business' profits, but it does allow them to share a percent in owning the business.
False.
Profit sharing: A benefit that allows employees to share a portion of the profits of the business.
If Kanye West made $20,000,000 but the lawyers wanted a 15% commission, how much did he actually earn?
Izz works for a salary of $2,396 per month. He has federal income tax withheld at the rate of 15 percent, Social Security tax at the rate of 6.2 percent, Medicare tax at the rate of 1.45 percent, and health insurance premiums of $95 per month. What is his net pay?
$1,758.30.
What is Izz's main in Marvel Rivals?
He actually has two mains, Hawkeye and Star Lord.
Gross pay is the amount of your paycheck after deductions.
False.
False.
Form I-9 is used to verify eligibility to work in the United States.
How many album sales did Kanye West make from 'KIDS SEE GHOSTS'?
79,000 copies.