Reading A Paycheck Stub Worksheet

Author Hilda 13 Jun 2024

Reading A Paycheck Stub Worksheet - How to read a pay stub. The company you work for deposits the money you take home straight into your bank account. In this lesson you will: Big box store earnings statement.

️Reading A Paycheck Stub Worksheet Free Download Gmbar.co

Display slide 2 and distribute a copy of handout 2.1: Materials to accompany fact sheet 1. The employer's name and address.

Page 1 Of 4 Date Directions Review The Key Terms Below.

Some companies include an employee id or social security number on the pay stub as additional employee identification. § read the exploring key financial concepts section to students. A document attached to every paycheck that details your earnings and the amount withheld for taxes, health insurance, retirement funds, etc.

How Much An Employee Is Paid Per Hour.

Work done in addition to regular working hours. $2,209.60 medical $150.00 total contributions: These are items you have elected to pay for, such as retirement or.

Some Of Those Benefits Could Reduce Taxable Income And Reduce Taxes At The End Of The Year.

§ distribute the how to read a pay stub handout and give students time to Ask students to share what the purpose of a pay stub is. The total is your gross earnings, which is the amount you would make before taxes and deductions.

° Answers May Include Providing A Record Of Your Work For The Previous Week, The Paycheck Amount, Or How Much Is Taken Out In Deductions.

Here are some basic terms and elements to know. Allow them to share their responses aloud. Dough earn during his first pay period?

Sometimes This Section Will Also Contain The Employer's Phone Number.

Before you cash that check, read the pay stub to make sure you're getting the right amount. Job skills (1870764) reading a pay stub test. Then, use the information on the sample pay stub to answer the questions that follow.

($360—The Amount Listed As Gross Pay) • Because This.

Wages that are withheld from your paycheck to meet certain legal obligations like taxes. Worksheets are hourly and overtime pay version 2 and answer keys, understanding your paycheck, produced by the federal reserve bank of louis, 2 contents 20 min reading a pay stub, federal reserve bank of kansas city, worked, goal write checks pay bills, paycheck stub 1. Learn what information is on a paycheck stub, such as earnings, deductions, and withholding.

Name Reading A Pay Stub Chapter 10, Lesson 2 Key Terms • Pay Period:

Practice reading a pay stub for information about income and deductions. How much you are being. Ask them to refer to the information on the p.

$262.00 Who Is The Employee Receiving The Pay Stub?

• what did you learn from doing this exercise? Study with quizlet and memorize flashcards containing terms like pay period, hours, rate and more. How many total hours did jonathan work during this pay period?

Ask A Student To Read The Information About John A.

Dough's pay stub to each student. A pay stub is generally broken down into three main sections: An amount next to net pay has already had any withholdings or taxes removed from it.

Drag And Drop Each Word To Its Definition.

Set length of time over which employee time is recorded and paid » weekly (every week; This section of your pay stub shows your gross income, which is also called wages or earnings, and is a calculation of your hourly rate and your hours worked, if you are an hourly employee. As you review the questions in the larger group, cover the key poi.

Sing The Answers As You Go Along.1.

Filling in a pay stub (20 minutes) next, hand out the exercise worksheet, filling in a pay stub exercise. read the scenario aloud and have participants determine the check amount based on the information given. Here are some words that may appear on a pay stub. How to read a pay stub.

• How Much Income Did John A.

Net income, and some common payroll deductions, analyze the pay stub for jonathan. Means how much you have made this year. Find out how to understand your paycheck stub and what taxes and benefits are taken out of your pay.

Write Correct Responses On The Whiteboard.

What is the length of the pay period jonathan just worked? Net pay is the actual amount of your earnings that you will receive. The total earnings paid to an employee after payroll taxes and other deductions.

Define Words Commonly Found On Pay Stubs.

, eading jemma's pay stub (quiz).2. This exercise can be done individually or in pairs. Paystub for julie jones, one per student.

• Sample Pay Stub (1 Per Student) • Reading A Pay Stub Worksheet (1 Per Student) • Calculating Monthly Gross & Net Pay Worksheet (1 Per Student) • Pencil (1 Per Student) Lesson Plan:

Calculate gross pay, net pay, and the percentage of income that goes to taxes and other deductions. A pay stub is a document that summarizes how your total earnings during a specific pay period were distributed. Dough in the paragraph by the pay stub.

Building Blocks Student Handout Ho To Read A Pay Tub 1 Of 1 Building Blocks Student Handout.

This is not the amount you take home however. The stub shows how long you worked, what you earned, and how much you paid in taxes and other costs. Paystub problem solving assessment, one per student.

Then Answer The Following Questions:

Give each participant a cop. The total amount you've earned before any deductions are taken out. Ask students what is monthly gross pay.

Find The Amount Next To The Area Labelled Net Pay To Learn How Much Of Your Earnings Are Yours To Take Home.

Review any employee benefit programs that you may be eligible for at work. $152.00 employer deductions $1 12.00 401 k match direct deposit / check details direct deposit balance total net pay: Tub to answer the quiz questions.3.