This is the amount an employee is paid for every hour of work done.

This is the amount an employee is paid after a certain number of hours of work. In Ontario, regular pay is calculated up to 44 hours of work per week. After these 44 hours, an employee would be paid ?

This is a fixed amount of money paid to a person for regular work. It is usually calculated on the basis of working 2000 hours per year.

This is the amount of money employees are paid based on the dollar value of their sales. It is stated as a percentage of the sales.

These are tips that a customer pays for a service. Usually, the customer determines the amount of a tip.

This is the sum of all money paid to an employee. It is the amount of pay before any deductions. It includes vacation pay and paid days off work.

This is paid when either you take your vacation time or it may be included in your regular paycheque. It’s calculated as a minimum of 4% of wages.

This is the amount of money remaining after deductions from the gross pay.

The money from this deduction goes to the Government of Canada to guarantee you a basic income in the event of a job loss or parental leave after the birth of a child.

The employer passes this type of deduction to the The Government of Canada uses the money to pay for federal government departments and agencies.

After subtracting CPP and EI deductions from gross pay this is remaining

The money from this deduction goes to an agency of the Government of Canada that guarantees you a basic income when you retire.

Determine the overtime rate for the following hourly rate. $19 per hour at a time and half overtime rate

Calculate the number of overtime hours for each week of work. 60 hours per week

Calculate 7% commission for the following sale amount.

$2000

Luka receives 4% vacation pay on his weekly paycheque. His hourly rate is $13.50. Last week he worked 25 hours. Calculate his gross pay for that week.

Renata’s paycheque statement shows the following earnings:

Regular pay: $450.00

Vacation pay: $12.50

Public holiday pay: $65.00

Calculate Renata’s gross pay.

Joe works 40 hours each week for 48 weeks of the year at a rate of $27 per hour.

His gross annual income, not including vacation pay, is $51,840.

Joe works 40 hours each week for 48 weeks of the year at a rate of $27 per hour.

His CPP deductions are $2566.08

Joe works 40 hours each week for 48 weeks of the year at a rate of $27 per hour.

His EI deductions are $860.54.

Joe works 40 hours each week for 48 weeks of the year at a rate of $27 per hour.

His taxable income is $48,415.70

Joe's gross annual income is $51,840 His CPP deductions are $2566.08 His EI deductions are $858.22 (the maximum allowed). His taxable income is $48,415.70.

Are his federal taxes are $7262.36 ?

Joe's gross annual income is $51,840 His CPP deductions are $2566.08 His EI deductions are $858.22 (the maximum allowed). His taxable income is $48,415.70.

Are his provincial taxes are $2444.99?

Joe's gross annual income is $51,840 His CPP deductions are $2566.08 His EI deductions are $858.22 (the maximum allowed). His taxable income is $48,415.70.

His final net income would be $38,385.08.