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Unit 2 Vocabulary

Author: White Tiffany
Description: Find the correct definition that goes with the correct vocabulary word.
Keywords: , , , , , , online teaching

Content:
Definitions:
0. Production rate
1. Gross pay
2. Income
3. Net Pay
4. Shift
5. Overtime pay
6. Job Related Expenses
7. Federal income tax
8. Paycheck
9. Overtime
10. State Income Tax
11. Earnings statement
12. Hourly Wage
13. Piecework
14. Deductions
15. FICA- Federal Insurance Contributions Act

Answers:
0. pay for work in a work week at least one and one-half times the regular rate
1. the length of time for which an employee’s wages are calculated
2. the amount of money you earn per hour worked
3. money you earn from a job or get by another source over a period of time
4. federal tax that funds Social Security and Medicare
5. the “paycheck stub” listing gross pay and deductions
6. expenses deducted from a paycheck that are necessary to perform the job
7. amount of money left after all the deductions have been taken from the gross pay
8. the amount of money earned during a pay period before deductions
9. a person’s scheduled hours of work
10. the number actions completed in a given amount of time
11. the amount of time a person works beyond 40 hours in a work week
12. income deducted from a person’s paycheck by the state government
13. the worker is paid a fixed rate for each item produced
14. a type of job where the worker is paid a fixed rate for each unit produced
15. is $7.25 an hour(For 2012)
.