Financial Math Pg 32 Chapter ReviewEm
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The total amount of an employee's earnings is called?
Gross pay
Time worked beyond the end of a usual working day is called
Overtime
Employees that are paid a fixed amount daily are called?
Perdiam
A wage rate based on the amounts produced by a employee is called?
Piece rate
A fixed amount of pay for a week or a month is called?
Salary
An amount of money, often calculated as a percent, given to someone for service they provide is called a?
Tip
One number that represents a group of numbers is called a?
Average
Sales people who receive a specific percent of the sales they make are paid on a?
Straight commision
Pay that is 1.5 times the regular hourly pay rate of an employee is called?
Time in a half pay
