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Payroll job vocabulary

  •  English    13     Public
    Test your understanding of payroll vocabulary, defintions and idioms
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  • Payroll means...
    The total record of earnings of all employees for a year
    The financial records of a company relating to the payment
    The amount of money paid to all employees in a payday, as
    All of these answers are correct
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  • The total paid to an employee each pay period is....
    goat pay
    net pay
    grumble pay
    gross pay
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  • True or False. Employees pay taxes on their net pay.
    False
    True
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  • Net pay is the ....
    amount of pay the employee can spend on fish at the market
    amount of pay an employee gives the CRA
    amount of pay an employee recieves after all deductions .
    amount of money an employee gets paid overall
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  • What does CPP stand for
    Canadian Pension Plan
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  • EI stands for
    employement insurance
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  • Overtime is....
    is not paid to salaried employees
    the amount of time you spend on break at work.
    deducted from your pay.
    is the additional amounts paid to hourly employees who work
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  • A weekly pay period results in
    52 pay periods in a year
    12 pay periods in a year
    60 pay periods in a year
    48 pay periods in a year
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  • True or False. Hourly employees are paid a annual salary.
    True
    False
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  • Bonus is.....
    money given that is extra for good merit or job well done .
    part of a
    retirement money
    regular pay
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  • Pay you get when you are fired or laid off from a job.
    security
    solid
    severence
    social
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  • If you are doing a good job, the boss my give you a ______.
    raise
  •  15
  • EFT stands for
    electronic funds transfer
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