WorksheetsFinancial Algebra Employment Basics Review
Total questions: 16
Worksheet time: 48mins
How many paycheck would you receive in 1 year if you are paid Monthly?
12
52
26
24
How many paycheck would you receive in 1 year if you are paid Weekly?
12
52
26
24
How many paycheck would you receive in 1 year if you are paid Biweekly?
12
52
26
24
How many paycheck would you receive in 1 year if you are paid Semimonthly?
12
52
26
24
Billy is paid biweekly. His annual salary is $59,000. What is his biweekly salary? Include a $ in your answer and round to two decimal places.
(a)
Chris sells textbooks. He receives 8% commission on his first $1,000 in sales and 12% on the balance of his sales. If his sales in one month were $14,500, how much does he receive in commission? Make sure your answer includes a dollar sign and round to two decimal places.
(a)
Carol was offered a job as a computer programmer making $60,000 per year. Another company offered Carol a position earning $1,100 a week. Which job pays more?
The one offering $60,000 per year.
The one offering $1,100 per week.
They both make the same amount of money.
Neither one pays enough for Carol to pay her monthly bills.
It doesn't matter because Carol is going to look for a different job.
What is time-and-a-half overtime?
The total pay, which is the sum of an employee's hourly pay and overtime.
The hourly rate an employee gets paid for overtime hours calculated as 1.5 times the regular pay.
Something you get from your employer for being able to do more work than normal.
The average amount of money you receive for the week.
Federal and sate laws provide rules on the lowest hourly rate that can be paid to a worker in the United States. What is that rate called?
Regular hours
Minimum wage
Double-time
Maximum wage
Pimmi gets paid $0.40 for the first 100 craft kits that she assembles. She earns $0.85 for each kit over 100. This week she assembled 135 kits. How much did she earn? Make sure you use a dollar sign in your answer and round to the nearest cent.
(a)
Jessica began a job that gives her 2 days of vacation each year she is employed, up to a maximum of 24 days of vacation time. How many years will she be at the company when she reaches the maximum amount of vacation time.
8 years
24 years
3 years
12 years
Mr. Jacobs has been working in a factory for 28 years. He is preparing to retire. His pension is calculated on the average of his last 3 years' salaries when he earned $43,473; $42,432; and$42,080. His employer will give him 1.8% of that average for each year he worked. Calculate his pension. Make sure your answers has a dollar sign and round to the nearest cents.
(a)
Sammy gets paid for every apron they embroiders. Last week, they earned $233.75 If Sammy earns $2.75 for each embroidered piece, how many aprons did Sammy embroider last week?
(a)
Billy works at a restaurant where he is paid by the hour plus time and a half for his hours over 40. He is paid $7.80 per hour and last week he worked 3 hours overtime. What is his gross pay? Use a dollar sign and round your answer to the nearest cents.
(a)
Sally found a job posting on an Internet website. the job pays a yearly salary of $75K. What is the monthly salary based on his annual salary? Use a dollar sign and round your answer to the nearest cents.
(a)
Gabe contributes 15% of the total cost of the individual health care coverage his company offers. He pays $28.80 per week towards this contribution. What is the total value of Gabe's health care coverage for the year? Answer should have a dollar sign and be rounded to the nearest cent.
(a)
