Monday, September 14, 2009

Pay Scales, day 1

We started a new unit today: Pay Scales. We discussed the following concepts:

  • Gross Pay
  • Salary
  • Commission
  • Piecework Pay

We discussed the various pay periods:

  • Weekly
  • Bi-weekly
  • Monthly
  • Semi-monthly
  • Annually

We then calculated gross pay based on hourly pay and salary.

Homework: Book pages 55 and 56: #1 - 21

We will quiz on this topic (along with Piece-wise pay calculations) on Wednesday!




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