Payment Types
Payment Examples
Types of Deductions
Deduction Examples
Random!
100
This type of payment has you paid based on time!
Hourly Wage
100
You're paid to plant trees! You get paid .10 cents for every tree planted! The first week you planted 5000 trees. How much money did you make?
5000 x 0.10 = $500
100
This type of deduction has the federal government taking their slice of your pay!
Federal Income Tax
100
What is your pay called prior to deductions?
Gross Pay
100
How many arms does an octopus have?
8
200
When working past an 8 hour shift or over your allotted work week you get paid ______
Overtime
200
You make 2% of your sales as a car seller in a month. You had a great month and sold several cars totaling $600,000. How much did you make?
$600,000 x 0.02 = $12,000
200
If you're part of a union then you pay for these deductions!
Union Dues
200
What is your pay called after deductions?
Net Pay
200
What are male bees called?
Drones
300
This type of payment gives you a lump sum of money for the year, regardless of hours worked or productivity.
Salary
300
You have a dangerous job replacing light bulbs at the top of cell phone towers. You make $100,000 in a year. You elect to be paid monthly, what are you making each month?
$100,000 / 12 = $8,333.33
300
The nation wide pension that you pay into!
CPP (Canada Pension Plan)
300
You make $600 every week. Your deductions take off $100 each time you get paid. How much are you walking away with?
$600 - $100 = $500
300
Largest dog breed in the world
Mastiff's (of some kind)
400
This type of payment nets you money based on how much you sell! (not all but a percentage)
Commission
400
You make 5% on sales plus a weekly wage! You sold $750 of merchandise along with earning you $500 for the week, how much did you make?
$750 x 0.05 = $37.50
$37.50 + $500 = $537.50
400
A deduction that pays you if you find yourself unable to work or find work!
EI (employer Insurance)
400
You make $600 every week. CPP takes $20 off, EI takes $10, and taxes take off $100. How much is your take home?
$600 - $20 = $580
$580 - $10 = $570
$570 - $100 = $470
400
Highest tides in the world?
Bay of Fundy
500
this type of payment has you paid per task. Simple tasks that can be repeated over and over!
Piecework
500
You worked 45 hours this week! Your base wage is $15 an hour. After 40 hours you earn OT where you make double your wage! How much did you make?
40 x $15 = $600
5 x $30 = $150
$150 + $600 = $750
500
In case something bad happens at work, this will make sure your family gets some money! (this is not as common and optional)
Life Insurance
500
I ran out time, guess the TV show
Spongebob Squarepants
500
What sport did Mr. Gouthro play in his youth?
Football!