Paychecks

Front

What is payroll?

Back

Total amount of money paid by a company to its employees

Front

What are the different components of a pay check? Options: Hourly rate, annual salary, commission, Taxes, insurance, retirement savings, Overtime pay, holiday pay, sick pay

Back

Gross pay, deductions, net pay, additional earnings or bonuses

Front

Explain the concept of overtime pay.

Back

Overtime pay is the additional compensation given to employees for working more than the standard hours in a workweek.

Front

How is net pay calculated?

Back

By subtracting deductions from the gross pay

Front

What is the purpose of a pay stub?

Back

To provide detailed information about an employee's pay

Front

How often are work schedules typically posted?

Back

Weekly or bi-weekly

Front

What is the difference between a fixed and flexible work schedule?

Back

The main difference is that a fixed work schedule has set hours and days, while a flexible work schedule allows for variations in start and end times, as well as the option to work remotely.

Front

Explain the concept of shift swapping.

Back

Shift swapping allows employees to exchange shifts with each other.

Front

What is the importance of adhering to a work schedule?

Back

To manage time effectively and meet deadlines.

Front

How does a work schedule impact work-life balance?

Back

It can affect the amount of time available for personal and family activities.