Understanding Payroll and Deductions

Front

How many times do you get paid in a year if you get paid weekly?

Back

52

Front

If Carol Jones worked 35 hours this week at a rate of $9.68 per hour, what is her gross pay?

Back

$338

Front

What is the amount of money you receive in your paycheck before any deductions or taxes are taken out?

Back

Gross Pay

Front

How many times a year do you receive a paycheck if you are paid biweekly?

Back

26

Front

If a gardener earns $15 per hour and works 20 hours, how much will he earn?

Back

$300

Front

What is the term for the amount of money you take home after deductions?

Back

Net Pay

Front

What is a pay stub?

Back

A document that outlines an employee's earnings and deductions for a specific pay period.

Front

What is the formula to calculate gross pay?

Back

Gross Pay = Hourly Rate x Hours Worked

Front

If you are paid monthly, how many paychecks do you receive in a year?

Back

12

Front

What is the purpose of payroll deductions?

Back

To withhold a portion of an employee's earnings for taxes, benefits, and other obligations.