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Wages, Salaries and Overtime

Total questions: 44

Worksheet time: 47mins

Name
Class
Date
1.

If Cameron makes $24,000 per year, how much money does he make each month?

a)

$2,400.00

b)

$12,000.00

c)

$2,000.00

d)

$461.54

2.

Gail earns $10.50 per hour and worked 32 hours this week. What is her weekly pay?

a)

$336.00

b)

$340.50

c)

$420.00

3.
What is an annual salary?
a)
What you are paid each month
b)
What you earn over the course of a year.
4.

Lisa is paid a salary of $45,000 per year.  Calculate her weekly pay.

a)
$865.38
b)
$965.65
c)
$864.38
5.

Wage earners can substantially increase their earnings by?

a)

Not contributing to a medical aid fund

b)

Going off sick and claiming Statutory Sick pay

c)

Going on holiday

d)

Working overtime

6.

Which amount will be paid into the employees account?

a)

Gross salary

b)

Net Salary

c)

Deductions

d)

Contributions

7.

Find the annual salary of a person who is paid $1429.00 per fortnight.

a)

$36 500

b)

$ 34 296

c)

$37 154

d)

$38 600

8.
Hourly rate is defined as:
a)
The amount of money earned during a full year
b)
The lowest pay rate allowed by law for each hour of work.
c)
The amount of money that is charged, paid, or earned for every hour worked: You pay a fixed amount perhour
d)
Getting payed 2 times a month
9.
Quarterly is defined as:
a)
Getting payed ever other month.
b)
Getting payed 4 times a year.
c)
Getting payed every 2 weeks.
d)
Getting payed 2 times a year.
10.
A customer service representative earns $13 an hour, and he works 52 hours a week. What is his weekly wage?
a)
$676
b)
$364
c)
$91
d)
$65
11.
Luke earned a salary of $48,048 last year.
How much did he earn a month?
a)
$572
b)
$924
c)
$4004
d)
$6864
12.
Amelia worked for 5 hours and 30 minutes. How should she write her time?
a)
5.25
b)
5.3
c)
5.5
d)
5.75
13.
Jesse earns $420 a week, and he works 5 days a week. What is his daily wage?
a)
$60
b)
$84
c)
$415
d)
$425
14.
Mrs. Rosa sells $30,000 worth of furniture. Her rate of commission is 2.7%. What is her commission on that sale?
a)
$810.00
b)
$8,100.00
c)
$1,800.00
15.
Mr. Willie sells a house for $73,989. His rate of commission is 5.2%. What is his commission on that sale?
a)
$38,474.30
b)
$70,141.60
c)
$3,847.43
16.
Jose sells cars in a car lot. He earns a weekly salary of $500 plus a commission of 4% on his sales. Last week his sales were $30,000. How much did he earn? 
a)
$1,200.00
b)
$1,700.00
c)
$12,000.00
d)
$17,000.00
17.

Gross pay is _________________________.

a)

money that has old yogurt and rotten tomatoes all over it.

b)

the amount of your paycheck after taxes and insurance.

c)

your pay before any deductions have been taken out.

d)

your annual salary.

18.

Net pay is ____________________________

a)

the amount of money your make playing basketball.

b)

the amount of money you found in Dad's fishing net.

c)

the amount of your paycheck AFTER deductions like N.I.B, medical insurance and loans have been taken out.

d)

the amount of your paycheck BEFORE any deductions have been taken out.

19.

What does annually mean?

a)

always

b)

yearly

c)

salary

d)

wages

20.

Your gross pay is $456.70 and your net pay is $379.06. How much was deducted from your paycheck?

a)

$77.64

b)

$835.76

c)

$120

d)

$64.77

21.
How many times a year do you receive a paycheck if you are paid monthly?
a)
26
b)
24
c)
12
d)
6
22.

What is the formula to calculate hourly wages?

a)

Total amount earned / Number of hours worked

b)

Total amount earned * Number of hours worked.

c)

Total amount earned - Number of hours worked.

d)

Total amount earned + Number of hours worked.

23.

If an employee works 40 hours in a week and earns $15 per hour, what is their gross pay for the week?

a)

$400

b)

$550

c)

$700

d)

$600

24.

If an employee's annual salary is $50,000, what is their monthly salary?

a)

$3,500.00

b)

$5,000.00

c)

$4,166.67

d)

$4,000.00

25.

If an employee works 35 hours in a week and earns $18 per hour, what is their gross pay for the week?

a)

$630

b)

$540

c)

$700

d)

$650

26.

Overtime means...

a)

You worked you scheduled hours and your boss can't ask you to come in to cover more shifts

b)

You worked more than your scheduled hours and earn "pay and a half" for every hour above your normal schedule

c)

You were paid more than you were supposed to, you'll have to pay it back later.

d)

You worked more than your scheduled hours and earn "normal wages" for every hour above your normal schedule

27.

Full time work is

a)

Less than 30 hours a week

b)

Anything more than 20 hours per week

c)

24 hours a day

d)

Between 30 and 40 hours per week

28.

If you work 35 hours per week, and make $11.80 an hour, the calculation for MONTHLY pay is...

a)

35+$11.80+4

b)

35 x $11.80 x 4

c)

35 / 4 x 11.80

d)

35 x 40

29.
Narelle is paid a salary of $45 000 per year.  Calculate her weekly pay.
a)
$865.38
b)
$965.65
c)
$864.38
d)
$662.78
30.
Find the hourly rate earned by Anthony who receives $92.50 for an 8-hour shift.
a)
$12.54
b)
$10.56
c)
$11.56
d)
$16.22
31.
Find the hourly rate earned by Antoinette who earns $587.60 for a 36-hour working week.
a)
$12.37
b)
$14.82
c)
$16.58
d)
$16.32
32.
Hourly rate is defined as:
a)
The amount of money earned during a full year
b)
The lowest pay rate allowed by law for each hour of work.
c)
The amount of money that is charged, paid, or earned for every hour worked: You pay a fixed amount perhour
d)
Getting payed 2 times a month
33.
Wages is defined as:
a)
The lowest pay rate allowed by law for each hour of work.
b)
Getting payed every 2 weeks.
c)
The money received on payday.
d)
The amount of money earned during a full year.
34.
Luke earned a salary of $48,048 last year.
How much did he earn a month?
a)
$572
b)
$924
c)
$4004
d)
$6864
35.
A computer programmer earned $1043 a week last year. What was her yearly salary?
a)
$52,193
b)
$55,279
c)
$56,322
d)
$54,236
36.
Amelia worked for 5 hours and 30 minutes. How should she write her time?
a)
5.25
b)
5.3
c)
5.5
d)
5.75
37.
After finishing his shift, a security guard wrote 6.75 under "hours worked" on his computer. How long did he work?
a)
6 hours and 15 minutes
b)
6 hours and 25 minutes
c)
6 hours and 45 minutes
d)
7 hours and 15 minutes
38.
An electrician worked 28 hours a week for half a year. If his hourly wage was $25, how much did he earn during this time period?
a)
$350
b)
$700
c)
$18200
d)
$36,400
39.
Jesse earns $420 a week, and he works 5 days a week. What is his daily wage?
a)
$60
b)
$84
c)
$415
d)
$425
40.

Jenny worked 5 hours overtime earning time-and-a-half. If she normally earns $23.50 an hour, how much overtime pay did she earn?

a)

$176.25

b)

$117.50

c)

$235

d)

$35.25

41.

Phil gets time and a half for overtime for hours over 40 per week.

His regular unit rate of pay is $31.15.

If he worked 42.25 hours last week, how many hours of overtime did he work?

a)

2

b)

2.25

c)

40

d)

42.25

42.

Phil gets time and a half for overtime for hours over 40 per week.

His regular unit rate of pay is $31.15.

If he worked 42.25 hours last week, how much did he make in overtime?

a)

$1316.09

b)

$140.18

c)

$70.09

d)

$105.13

43.

Phil gets time and a half for overtime for hours over 40 per week.

His regular unit rate of pay is $31.15.

If he worked 42.25 hours last week, how much did he make in straight time?

a)

$31.15

b)

$1246

c)

$70.09

d)

$12.46

44.

Phil gets time and a half for overtime for hours over 40 per week.

His regular unit rate of pay is $31.15.

If he worked 42.25 hours last week, how much did he make all together?

a)

$31.15

b)

$1246

c)

$1351.13

d)

$1316.09