Getting Paid

Getting Paid

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  • Since you guys are employees, that means you have an employer or a person and/or organization that employs people
  • You guys are paid an hourly wage which means that you earn a specific amount for each hour you work.
  • Hey, why is my paycheck lower then it's supposed to be?
  • Because that is your gross pay, or your take home money after taxes.
  • How do you calculate net income?
  • To calculate net income you do GROSS INCOME-DEDUCTIONS=NET INCOME
  • What are our deductions for?
  • Deductions help pay for Social Security, Medicare, Workers Compensation, and State Income Taxes.
  • Are deductions necessary?
  • Deductions are both mandatory and optional.
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