World of Work

Andrea works for Scheels, a sporting goods store. During the past two weeks, she worked 75 hours. She makes 11.25 per hour. Home much is her gross pay?

Matt works for the city. He makes $8.00 per hour for the first 40 hours. He is paid $12.00 per hour for time over 40 hours. During the past two weeks, he worked 38 hours the first week and 47 hours the second week. How much is his gross pay?

• $708

• $85

• $680

• $1020

You are sitting next to Mary at lunch and see her paycheck on the floor. Should you reach down and pick it up and sneak a peak? Or should you tell Mary that her paycheck is on the floor?

Being reliable and dependable is

• being rude

• being respectful

• being responsible

• displaying effort

Usually includes PTO(paid time off), health insurance, dental/vision

• hours worked

• benefits

• year to date

• rate of pay

Total earns before deductions

• Net Pay

• Gross Pay

• Salary

• hourly rate

Hourly Pay

• Net Pay

• Over time wages

• Pay given based on how many hours worked

• W-2 form

Deductions

• Vacation time

• 401K

• W-4 Form

• amounts subtracted from your paycheck

W-4 form

• A form employees fill out that tells your employer how much tax to withhold from your pay check

• Gross income before tax is calculate

• Benefits

• Form potential employees complete, part of the job application process

Federal Withholding Tax

• Pay period

• Tax deducted from your paycheck that goes to fund US Govt. agencies

• SSN

• I-9 form