Pay Check Vocabulary

What is the total amount of money an employee receives before any deductions are taken out?

• Gross pay

• Deductions

• Take-home pay

• Net pay

What does 'gross pay' mean?

• Extra money for working more

• Money you get for each hour of work

• All the money you get before anything is taken out

• The money you get after things are taken out

What is the amount of money an employee takes home after deductions have been taken out?

• Overtime pay

• 401(k) contribution

• Net pay

• Gross pay

Explain net pay.

• The amount of money an employer pays to the employee

• The amount of money an employee takes home after deductions and taxes.

• The total amount of money earned before any deductions

• The amount of money an employee receives before taxes

What is the money taken from a worker's pay for things like taxes and insurance called?

• Gifts

• Deductions

• Takes away

• Adds

Describe deductions in the context of a pay check.

• Amount of money added to an employee's gross pay

• The total amount of money earned by an employee

• The amount of money paid to an employee in cash

• Amount of money subtracted from an employee's gross pay

What is the amount of money paid to an employee for one hour?

• commission

• hourly wage

• salary

• bonus

What does hourly wage mean?

• Hourly wage is the yearly money of a worker

• Hourly wage is the money given to a worker for each hour they work.

• Hourly wage is the extra money given to a worker for doing a good job

• Hourly wage is the money given to a worker for each day they work

What is the length of time for which an employee's wages are calculated, such as weekly, bi-weekly, or monthly?

• Work period

• Salary duration

• Hourly cycle

• Pay period

What does 'pay period' mean?

• The day when a worker gets their money

• How much money a worker gets in a year

• The regular time when a worker's pay is figured out and given.

• How many hours a worker does in a week