PAY ME CORRECTLY!

Net income means

• your income after tax

• your income annually

• your income before tax

• your income tax

What does annually mean?

• always

• yearly

• salary

• wages

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

What are wages?

• payment of work based on time and title

• payment of work based on occupation

• payment of work based on annual rate

• payment of work based on hourly rate

What is the difference between gross pay and net pay?

• hours

• deductions

• rate

• allowances

How do you calculate from hourly rate, monthly income?

• hourly rate by the number of hours then multiply by 4

• hourly rate by the number of hours then multiply by 52 divide by 4

• hourly rate by the number of hours then multiply by 2

• hourly rate by the number of hours then multiply by 52 divide by 12

What does IRD stand for?

• Information Revenue Department

• Infamous Rebel Department

• Inland Revenue Department

• Interest Revenue Department

Which one is NOT a deduction from your pay?

• PAYE

• tool allowance

• Kiwisaver

• union fees

What does PAYE stand for?

• Pay as You Employee

• Pay as You Extra

• Pay as You Enter

• Pay as You Earn

What is an allowance?

• compensation for work related costs

• payments to IRD

• extra income

• costs that employees must pay

Is there a legal requirement to pay for over time?

• Yes

• No