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Pay Stub Review
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Give one example of a deduction you may see on your pay stub.
Answers will vary.
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When your pay goes directly into your bank account, it is called:
direct deposit
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____________ is the time PERIOD in which an employee worked and is being paid for.
Pay Period
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What is net pay?
The amount of money that you get AFTER deductions.
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A boss, manager, or CEO could be considered to be a/an:
employer
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Which is greater, gross income or net income? Explain why.
Gross- it's the amount BEFORE any deductions.
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Any amount of money subtracted from your check is called a:
deduction
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What is overtime?
If you are an hourly employee and work more than your scheduled hours, you will get paid for working extra.
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Why it is important to check your pay stub?
Answers will vary.
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__________ is a fixed regular payment based on an agreed amount between and employer and employee.
Salary
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Your __________ explains how much you earned, how much you pay in taxes, and money that was deducted.
Pay Stub
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When a person gets paid for the amount of hours he/she works is called: ____ rate.
Hourly
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Give one example of a deduction you might see on your pay stub.
Answers will vary.
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Explain why it's important to check your pay stubs.
You need to make sure you're getting paid the correct amount and you have the right deductions.
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What should you do if you notice an error in your paycheck?
Answers will vary.
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Another name for a worker is:
employee
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__________ is the total amount of your pay BEFORE deductions are made. (Gross Pay or Net Pay)
Gross Pay
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__________ is the amount you receive AFTER all deductions are made from your total earnings. (Gross Pay or Net Pay)
Net Pay
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__________ is any amount of money subtracted from your check.
Deductions
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