Commission and Royalities
Commission and Royalty rates are usually expressed as
a percentage.
Two examples of jobs that are paid Royalties are
a musician and a author.
A job that is paid piecework pay is
a farmer.
Number of checks in a year when paid a Semimonthly salary
24 checks.
The sum or total of your regular and overtime pay is called...
gross pay
A job that is paid Commission is
a Real Estate Agent.
A realtor makes money when they ...
sale a house.
Pieceworkers make money when they ...
produce an item or complete a task.
Number of checks in a year when paid a Weekly salary
52 checks.
Overtime pay that is 2 times the regular rate
double time overtime rate.
Some employees get a commission in addition to ...
a regular salary.
An author writes books but does not get paid until ...
the books sales.
Piecework rate is the amount of money paid for...
for each item or task completed.
Number of checks in a year when paid a Bi-Weekly salary
26 checks.
A specific number of hours an employee is required to work per week is called ...
regulars hours.
A salesperson can spend many hours working and ......
earn no money until there is a sale.
A musician makes an album but does not get paid until ...
the album is sold.
Piecework pay is can be in combination with
an hourly wage.
Number of checks in a year when paid a Monthly salary
Overtime pay that is 1.5 times the regular rate is called ...
time-and-a-half overtime rate.
Commission and royalty rates are based on ...
money made from sales.
An author may make more sales if they ...
do promotional events.
Jobs that offer Piecework rates are not
common in the United States.
Set amount you are paid for each hour you work is called
Extra hours that are more than the full time number of hours is called...
overtime hours.