Unit 4 - Salary, Commission & Benefits

Write 0.125 as a percent.

• 1/8
• 1.25%
• 12.5%
• 125%

Change the percent to a decimal.

7.25%

• 7.25

• 72.5

• 0.725

• 0.0725

26 pay periods; every other week

• semimonthly
• monthly
• weekly
• biweekly

24 pay periods; twice a month

• semimonthly
• monthly
• biweekly
• weekly

12 pay periods

• monthly
• semimonthly
• weekly
• biweekly

52 pay periods

• semimonthly
• monthly
• biweekly
• weekly

How much you make in a year

• Weekly income
• Net Income
• Annual Salary
• Commission

Money employees or others receive based on sales, example musicians

• royalties
• commission
• piecework rate
• gross income

Pay based on completion of work or number of items completed

• Commission
• Hourly Rate
• Salary
• Piecework

method of payment where an employee receives a percentage of the amount of sales, example real estate agent

• Salary
• Hourly Pay
• Commission
• Piecework