Earning Money

Salary

• The lowest pay rate allowed by law for each hour of work.
• is hours worked over 40 hours per week
• The amount of money a person makes for a job no matter how many hours they work
• The money received on payday.

Time and a Half

• You will get payed 1.5 x your hourly rate for working over 40 hours
• You will get payed 2 x your hourly rate for working over 40 hours
• The lowest pay rate allowed by law for each hour of work.
• Pay according to the number of pieces or units that the have completed

Tip

• Money given to a worker for good service
• The lowest pay rate allowed by law for each hour of work.
• getting payed every 2 weeks
• The lowest pay rate allowed by law for each hour of work.

Overtime

• The amount of money earned during a full year
• Pay according to the number of pieces or units that the have completed
• The lowest pay rate allowed by law for each hour of work.
• is hours worked over 40 hours per week

Hourly rate

• The amount of money earned during a full year
• The lowest pay rate allowed by law for each hour of work.
• The amount of money that is charged, paid, or earned for every hour worked: You pay a fixed amount perhour
• Getting payed 2 times a month

Gross Pay

• The amount of money earned during a pay period before deductions
• The amount of money that is charged, paid, or earned for every hour worked: You pay a fixed amount perhour
• The amount of money a person makes for a job no matter how many hours they work
• Money given to a worker for good service

Double Time

• The lowest pay rate allowed by law for each hour of work.
• You will get payed 2 x your hourly rate for working over 40 hours
• Multiply the number of hours worked each week by the number of weeks
• getting payed 4 times a year

Annual wages.

• The amount of money earned during a full year
• Refers morning
• The amount of money earned during a pay period before deductions
• The lowest pay rate allowed by law for each hour of work

Piece Work

• is when you change hours to min.
• Pay according to the number of pieces or units that the have completed
• getting payed every 2 weeks
• getting payed ever other month

Salary

• The lowest pay rate allowed by law for each hour of work.
• is hours worked over 40 hours per week
• The amount of money a person makes for a job no matter how many hours they work
• The money received on payday.