Calculating Wages

Front

What is the formula to calculate weekly wages?

Back

Multiply your hourly pay by the number of hours you work each week.

Front

If Janet works 44.5 hours at $11.46 per hour, what is her gross pay?

Back

$535.76

Front

How do you calculate monthly pay from an annual salary of $45,000?

Back

$45,000/12

Front

What is Janet's regular pay if she works 40 hours at $11.46 per hour?

Back

$458.40

Front

What does overtime mean?

Back

You worked more than your scheduled hours and earn 'pay and a half' for every hour above your normal schedule.

Front

What is the total pay for 50 hours of work at $15 per hour, including 10 hours of overtime?

Back

$750 (Regular pay) + $225 (Overtime pay) = $975.

Front

If you earn $20 per hour and work 35 hours a week, what is your weekly wage?

Back

$700.

Front

What is the difference between gross pay and net pay?

Back

Gross pay is the total earnings before deductions; net pay is the amount after deductions.

Front

How do you calculate overtime pay?

Back

Regular hourly rate multiplied by 1.5 for each hour over 40 hours.

Front

If a salaried employee earns $60,000 a year, what is their bi-weekly pay?

Back

$2,307.69 ($60,000/26).