Get Paychecks Math Worksheet Answer Key

What was Julie's gross pay for this pay period? $360 What was her net pay? $310.95 Why is her net pay less than her gross pay? Withholdings and deductions were taken out of Julie's gross pay in the amount of $49.05, leaving $310.95 for her net pay.

A pay period or pay cycle is a regularly scheduled duration of time when workers earn wages that will be paid to them on their next paycheck. Each pay period has a start date, an end date, and, generally speaking, when one pay period ends, the next one begins without interruption.

How much has Jessica paid to Cityville Local School District this year to date? Jessica has paid $73.91 to Cityville LSD this year to date. Jessica has earned $40.22 net pay for this paycheck.

Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.

How do you calculate a pay period? Determine the start and end date of the pay period. Count the number of days/hours worked during the pay period. Multiply the number of days/hours worked by the employee's daily rate/hourly wage to calculate the gross pay for the pay period.

Your manual payroll calculations are based on the pay frequency and their hourly wage. So, for someone who is full time making $11 an hour on a biweekly pay schedule, the calculation would look like this: 40 hours x 2 weeks = 80 hours x $11/hour = $880 (gross regular pay).