Hourly pay / OT Pay

Hourly pay / OT Pay

Assessment

Flashcard

Mathematics

9th - 12th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is overtime pay?

Back

Overtime pay is the additional compensation paid to employees who work more than the standard number of hours in a workweek, typically calculated at a higher rate than regular pay.

2.

FLASHCARD QUESTION

Front

How many hours constitute overtime in a standard workweek?

Back

In a standard workweek, overtime typically begins after 40 hours of work.

3.

FLASHCARD QUESTION

Front

If an employee works 45 hours in a week, how many hours are considered overtime?

Back

5 hours are considered overtime.

4.

FLASHCARD QUESTION

Front

What is the formula to calculate gross pay?

Back

Gross pay = Regular hours worked x Hourly pay rate + Overtime hours worked x Overtime pay rate.

5.

FLASHCARD QUESTION

Front

What is the regular pay rate for Timmi, the receptionist?

Back

Timmi's regular pay rate is $9.68 per hour.

6.

FLASHCARD QUESTION

Front

How do you calculate Timmi's gross pay for 35 hours of work?

Back

Timmi's gross pay = 35 hours x $9.68/hour = $338.

7.

FLASHCARD QUESTION

Front

If Mason works 37 hours at $10.80 per hour, how much will he earn?

Back

Mason will earn $399.60 for 37 hours of work.

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