Types of Employee Pay

The work that people do for other people is called a _______________________.

• good

• service

• factory

An accountant receives a yearly salary of $72,000.  Find his monthly salary.

• $6000.00
• $864,000.00
• $600.00

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

• 52
• 26
• 24
• 12

A Salary is a _____________________

• hourly pay amount
  
• fixed regular payment
  
• paid bi weekly or monthly.

An employee who is paid monthly is paid _______ times a year.

• 12

• 24

• 6

What is an annual salary?

• What you are paid each month
• What you earn over the course of a year.

Julie earns a yearly salary of $60,000. How much does she make monthly?

• $300,000

• $3,500

• $5,000

A ________________ is a fixed amount of money paid each pay period regardless of the amount of hours worked.

• Hourly rate

• Salary

• Weekly wage

What is gross pay?

• Amount of earnings before deductions.
• Wet money.
• What you get after taxes

Carol Jones is a receptionist in a doctor’s office. She worked 35 hours this week. If her regular pay is $9.68 per hour, what is Carol’s gross pay?

• $438

• $338

• $35