Reading Paystubs

___________________ is any amount of money subtracted for your

check.

• wages

• deduction

• net pay

• gross pay

___________________ is a fixed regular payment based upon an

agreed amount between the employer and employee.

• salary

• deduction

• pay period

___________________ is the payment of money for labor or

services performed.

• paystub

• deduction

• wages

__________________ is the time period in which an employee

worked and is being paid for.

• pay period

• salary

• gross pay

• paystub

__________________ is the total amount of your pay, before

deductions are made.

• pay period

• net pay

• gross pay

• wages

__________________ explains how much you earned, how much

you pay in taxes, and other monies that were deducted.

• wages

• paystub

• salary

• pay period

___________________ is the amount you receive after all

deductions are made from your total earnings.

• gross pay

• net pay

• salary

• wages

A pay period or pay schedule for

employees is determined by the

• employee

• government

• employer

• none of these

The most common pay schedule used

by businesses are

• monthly

• semi-monthly

• weekly or biweekly

• all of these

Common deductions made to

employees’ wages are

• health and dental insurance

• state and federal taxes

• FICA, social security, and retirement

• All of these