WorksheetsQ2-Q#2 Salaries and Wages
Total questions: 30
Worksheet time: 15mins
What is the money earned by an employee in a particular period?
income
compensation
salary
wage
Which refers to the employee’s earnings after deductions have been made by the employer?
benefits
net pay
gross pay
salary
This is a work arrangement where employees are paid based on their output.
time-basis pay
output-basis pay
piece-rate pay
output-rate pay
The employee holds a temporary position and employment ends when the project is finished.
permanent
job order
contractual
part-time
What do we call the Revenue Regulations No. 5-2011 issued by the Bureau of International Revenue (BIR)?
De Minimize Benefits
De Minimis Benefits
De Minimis Benefit
De Minimize Benefit
These are any goods or services furnished/granted in cash/kind by an employer to an individual employee.
benefits
fringe benefits
non-taxable benefits
bonus
Which is correct about salary and wage?
Salary is employee’s earnings after deductions have been made while wage is employee’s earnings before deductions have been made.
Salary is quoted hourly or daily while wage is quoted annually or monthly.
Salary is employee’s earnings before deductions have been made while wage is employee’s earnings after deductions have been made.
Salary is quoted annually or monthly while wage is quoted hourly or daily.
How many mandatory benefits are automatically deducted from an employee’s salary/wage?
2
3
4
5
This is a compulsory insurance system for workers in the government sector for separation, retirement, etc.
SSS
GSIS
PhilHealth
Pag-IBIG
Which is a national savings program for both private and public workers for hospitalization benefits?
Withholding tax
PhilHealth
GSIS
SSS
Which is the minimum daily wage of an employee working in San Jose Del Monte Bulacan?
₱525
₱608
₱552
₱680
What is the VAT rate in the Philippines?
6%
10%
12%
21%
Which of the benefits below is non-taxable?
housing
insurance
rice subsidy
gifts
In 1 year, how many Philippine workdays are there?
240
260
360
365
What do we multiply to the daily wage to get the bi-monthly salary in a year?
2.5
5
10
20
How many times would an employee be given their salary if they are paid bi-monthly in a year?
24
52
104
260
Which of the employee benefits below is non-taxable?
₱7,000 uniform allowance per year
₱8,000 employee’s
performance bonus
₱15,000 medical assistance
₱3,000 rice allowance/subsidy
Which of the mandatory benefits usually has the higher amount in deductions for an employee?
Withholding tax
PhilHealth
GSIS
SSS
Select the government agency that has the highest deduction/contribution rate for an employer.
Pag-IBIG
Withholding tax
PhilHealth
GSIS
A minimum wage earner in Metro Manila is paid ₱608 for an 8-hour workday. What is the hourly wage?
₱76
₱608
₱616
₱4,864
If an employee earns ₱32,000 per month, how much is the weekly salary?
₱615.38
₱6,400
₱7,384.62
₱8,000
An employee is paid ₱650,000 a year, how much is this employee’s hourly wage?
₱12,500
₱6,250
₱2,500
₱312.5
If a driver averages 30km/hr with a pay of ₱6.20 per km, and drives 8 hours per day, five days a week, how much would a driver earn in a week?
₱910
₱1,488
₱6,240
₱7,440
Rodel is paid ₱14 for every small bag he makes. If he produced 250 small bags, what are his total earnings?
₱17.86
₱264
₱2,500
₱3,500
If Grace receives a gross monthly salary of ₱22,220, what is her total withholding tax?
₱0
₱208.05
₱444.4
₱1,387
How much is the monthly PhilHealth contribution of an employee with a gross monthly salary of ₱31,600?
₱500
₱632
₱1,580
₱5,000
Find the GSIS monthly contribution of an employer who has an employee that earns ₱45,000 per month.
₱450
₱4,050
₱540
₱5,400
Suppose that a quota has been set at 90 pieces per week. A bonus pay for production is worth ₱38.50 per piece. Find the gross pay for producing 118 pieces.
₱38.50
₱910
₱1,078
₱3,465
A fast food service crew is paid a wage of ₱77.43 per hour, how much is his monthly salary if he worked for 6 hours and 6 days a week for 4 weeks?
₱2,787.48
₱7,433.28
₱11,149.92
₱16,724.88
If an employee earns a monthly salary of ₱70,000, how much is the net pay of this employee?
₱70,000
₱49,824.95
₱35,605.05
₱20,175.05
