EC - Getting Paid Lesson

Getting Paid

Introduction

There are many factors that go into how your employer pays you for your service. You can be paid hourly or with a yearly or piecework salary. You can earn bonuses and tips or receive overtime pay. You can collect a paycheck weekly, biweekly, monthly, or semimonthly. There are so many different elements that play a part in how much you earn in each paycheck. 

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Calculating Income

There are several ways that you can be compensated for your services. Click through the interactive, or look at the transcript, to learn about and practice using the different methods. Try to determine the answers to the practice questions on your own before checking the solutions.

Click here to view the transcript of the above interactive activity. Links to an external site.

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⭐️ Help Video:

If you found any of the previous problems challenging, here are two videos that will go over some of the answers. 

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Calculating Income Activity

Determine the paycheck amount for the four employees in this activity. Then, drag the correct paycheck to each employee.

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Comparisons Practice Activity

Answer the questions in the activity to practice calculating income and comparing different salary situations.

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