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Gross pay

QuestionAnswer
Income money earned from a job or another source
Pay period the length of time an employees' wages are calculated
Gross pay the amount of money earned during a pay period before deductions (such as taxes, insurance, or retirement)
Hourly wage the amount of money earned each hour
Minimum wage the least amount an employee can be paid
Piece rate the worker is paid a fixed rate for each item produced or each action performed
Income example a full-time job
Pay period example getting paid every two weeks
Hourly wage example you work video game store earning $9 an hour
Piece rate example you make $5 for every dog you wash
Created by: mrscbrown
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