A | B |
Income | money you earn from a job or get by another source over a period of time |
Pay Period | the length of time for which an employee’s wages are calculated |
Gross Pay | the amount of money earned during a pay period before deductions |
Hourly Wage | the amount of money earned per hour worked |
Piece Rate | the payment for a worker who is paid a fixed rate for each item produced or each action performed |
Overtime | the amount of time a person works beyond 40 hours in a work week |
Overtime Pay | pay for work beyond 40 hours in a work week that is at least one and one-half times the regular rate of pay |
Piecework | a type of job where the worker is paid a fixed rate for each unit produced or each action performed |
Shift | a person’s scheduled period of work |
Production Rate | the number of items produced or the number of actions completed in a given amount of time |