Income
You can earn an income by...
What is getting a job and earning a paycheck?
Someone who works 36-40 hours per week would have this kind of employment.
What is full time employment?
The pay schedule you have if you get paid every Friday.
What is a weekly pay schedule?
You earn over time by doing this.
Working more hours so you are over full time?
This happens when you miss your shift.
What is loss of money (hourly wage)?
The money you earn per hour is...
What is "hourly rate"?
Someone who works 5-35 hours per week would have this kind of employment.
What is part time employment?
The pay schedule you have when get paid every other week.
What is a bi-weekly pay schedule?
You would earn this by working more than 40 hours.
What is overtime?
This shows up as a deduction on your paycheck.
What is FEDERAL or STATE income tax?
What is gross income?
Someone who works 0 hours per week would have this kind of employment.
What is unemployed?
The pay schedule you have when you get paid on the 1st and 15th of every month.
What is twice a month pay schedule?
What is $15.00 X .10?
This also shows up as a deduction your payceck.
What is SOCIAL SECURITY?
The money you "take home" after taxes are taken out...
What is net pay?
Jesse's employment status would be...
What is unemployed?
You employer does not give you a papercheck but deposits your paycheck into your bank account...
What is direct deposit?
Your rate would be this if you make $10.00 per hour and worked over time to get time and a half.
What is $10.00 x 1.5?
This can also show up as a deduction on your paycheck?
What is FICA or MEDICARE?
The document you can review to identify your gross versus net income...
What is an earnings statement or paycheck stub?
Barry's employment status would be ...
What is part time?
The equation used to find your gross income...
What is hourly rate multiplied by hours worked?
Your rate would be this if you made $10.00 per hour and earned double time.
What is $10.00 x 2?
Not all jobs deduct this from your paycheck but some do. It prepares you for life when you are older and can no longer work.
What is retirement?