Calculating Pay (Junior Cert Business Studies): Quizzes

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Calculating Pay
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13 questions from this quiz

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What does basic pay include?

Pay for normal hours only

If someone earns €14/hour for 38 hours, what is their basic pay?

€532

Which workers are typically paid using the piece rate system?

Manufacturing or agriculture workers

If someone earns €3 per item and makes 72 items, what is their piece rate pay?

€216

What is time and a half for someone earning €18/hour?

€27 per hour

When is double time most commonly paid?

Bank holidays

What is 5% commission on sales of €2,400?

€120

How is gross pay calculated?

Basic pay + overtime + commission + bonuses

Which type of deduction must be paid by law?

Statutory deductions

What does PRSI entitle employees to receive?

Social welfare benefits

Which is an example of a non-statutory deduction?

Health insurance

How is net pay calculated?

Gross pay - total deductions

What do tax credits do?

Reduce income tax owed

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