Paycheck 1
Money you get from working.
What is a paycheck?
The term for the amount of money you earn for working more than 40 hours each week
What is Overtime pay?
The amount per hour an employee is paid.
What is pay rate?
Twice the hourly rate, typically paid on holidays or weekend work.
What is double time
The lowest pay rate allowed by law for each hour of work.
What is minimum wage?
This is considered full time for most companies.
What is 40 Hours ?
The part of a paycheck that provides information about the pay period, including the number of hours worked and the deductions taken out of the paycheck
What is a pay stub?
Another name for Net Pay
What is take home pay?
The amount of money you are paid after all the deductions are subtracted
What is Net Pay?
The minimum wage in Texas (also Federal minimum)
What is $7.25
This is money that is subtracted from your paycheck and given to the federal government to help run the country
What are Federal Taxes or Federal Withholding?
A person who works for others/a company for money.
What is an employee?
Amount a customer adds to their bill for receiving good service
What is a tip?
Money that is subtracted from your paycheck to pay for your medical coverage
What is a deduction?
The total amount of money you earn before any deductions are taken out of your paycheck
What is Gross pay?
The average range for a good tip.
What is 15-25%
Any time worked over 40 hours in a week.
What is overtime?
Jean is a part-time computer operator. He is paid $80 per day by his employer. Find Jean’s gross pay for five days of work.
What is $400.00?
Martha Green worked 40 regular-time hours at $10.00 per hour and 4 overtime hours at $15.00 per hour. Find Martha’s gross pay for the week.
What is $460.00
$10.00 x 40 = $400.00
$15.00 x 4 =$60.00
Steve earns $10 an hour. He worked 25 hours last week. If Steve’s employer withholds 10% of his paychecks to pay Steve’s income tax, how much will Steve take home in this week’s paycheck?
What is $225
Gross pay for someone who worked 8 hours each day on Monday, Wednesday, and Friday and is paid $10 per hour who is paid weekly.
What is $240.00?
What is $780?
The number of hours that are overtime if someone works 52 hours in one week.
What is 12 hours
Paul Hunt earns $10.00 an hour working part-time at an auto-parts store. He works 36 hours per week. His deductions total $100. What is his net pay each week?
What is $260?
The gross pay for someone who makes $10/hour and worked the following hours: Monday, 7 hours; Tuesday, 9 hours; Wednesday, 9 hours; Thursday, 7 hours; and Friday, 8 hours.
What is $400?