Transcript Chapter 6
Review Game Rules • Teams are by row • One person goes at a time • Teams and team members will take turns answering. Everyone participates. • Life lines: poll the row, one person assist, team assist • Each life-line can only be used once per row. Chapter 6 Review At what rate is Overtime paid? • 1.5 times regular rate Total amount you earn before deductions….. • Gross pay YTD stands for… • Year to Date If Collin gets paid bi-weekly, how many paychecks will he receive in a year? • 26 Chris worked 48 hours last week. How many regular hours did he work? • 40 How often must self-employed people make estimated tax payments? • Quarterly Money offered to encourage employees to strive for higher levels of performance is…. • Incentive pay The crucial time of day when employees must be working are referred to as… • Core time periods If Kyle’s regular pay rate is $16.00, what is his overtime rate? • $24 Employees switch from one task to another in this type of work schedule. • Job Rotation An example of an employee service is… • • • • • • Employee discounts Social and recreational programs Free parking Tuition reimbursements Wellness programs counseling If Katie’s regular pay rate is $8.00, what is her overtime rate? • $12.00 What does being vested entitle someone to? • Their full retirement How many sick days is it customary for a full-time employee to receive? • 3-10 Two people who split one full-time position are using …. • Job sharing If you do strenuous physical or mental work this type of workweek would not be suitable. • Compressed Employees who do a lot of computer work might benefit from… • telecommuting What is one function of a labor union? • • • • Recruit new members Engage in collective bargaining Support political candidates Provide support services for members How many hours are considered standard for the average fulltime workweek? • 40 List two examples of required deductions from a paycheck. • • • • Social Security Medicare Federal withholding State withholding Identify one type of insurance that employers might offer.. • • • • Group Health Insurance Group Life Insurance Group Dental Insurance Group Vision Insurance Sara worked 51 hours last week. How many overtime hours did she work? • 11 This type of work schedule allows you to adjust your start and end time for your work day. • Flextime The process of negotiating a contract for union members is called… • Collective bargaining Name one of three main types of unions. • Craft • Industrial • Public employee Social Security is withheld at a standard rate of ____ of the first $102,000 earned. • 6.2% Firefighters, teachers, and police officers may belong to what type of union? • Public-employee union The American Bar Association, American Medical Association and National Education Association are all examples of…. • Professional organizations An attempt to influence public officials to pass laws and make decisions that benefit a profession is referred to as… • lobbying If Sam’s salary is $24,000 a year, and he is paid twice a month, what is his gross pay per pay check? • 1,000