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  • Building Pay Cheques

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    Ayah
    10 views6 pages
    This assignment asks students to create 5 paycheque scenarios showing gross and net pay calculations. Students must include the hourly rate, number of hours worked, and at least 3 deductions for each paycheque. All paycheques must be bi-weekly. Students must show their work and calculations for gross pay, total deductions, and net pay. The assignment aims to help students understand the difference between gross and net pay and common tax and deduction items on a pay stub.

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    Building Pay Cheques Assignment

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    This assignment asks students to create 5 paycheque scenarios showing gross and net pay calculations. Students must include the hourly rate, number of hours worked, and at least 3 deductions for each paycheque. All paycheques must be bi-weekly. Students must show their work and calculations for gross pay, total deductions, and net pay. The assignment aims to help students understand the difference between gross and net pay and common tax and deduction items on a pay stub.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views6 pages

    Building Pay Cheques

    Uploaded by

    Ayah
    This assignment asks students to create 5 paycheque scenarios showing gross and net pay calculations. Students must include the hourly rate, number of hours worked, and at least 3 deductions for each paycheque. All paycheques must be bi-weekly. Students must show their work and calculations for gross pay, total deductions, and net pay. The assignment aims to help students understand the difference between gross and net pay and common tax and deduction items on a pay stub.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    Building Pay Cheques Assignment

    Pay Cheques Name: _________________

    Leaning Goals:
    This assignment should help the students:
    1. Understand the difference between gross and net pay
    2. Identify taxes and deductions taken from gross pay
    3. read and understand a pay stub
    Directions:
     You will be given 5 empty pay cheques and you are asked to create 5 different scenarios (one for each pay
    cheque). These scenarios can be about your classmates, friends and/or siblings. BE CREATIVE.
     The five scenarios must have the following:
    1. The hourly rate
    2. The number of hours worked/either weekly of bi-weekly
    3. At least 3 different deductions. The deductions can be any of these: EI, CPP, insurance tax, union duties,
    other union duties, health coverage, dental coverage, eye examination coverage.
     All pay stubs must be bi-weekly
     You must show all your calculations, such as when calculating the gross pay, the total deductions, and the net pay.
    Rubric Template
    Criterion
    (Score 0 if element is (1) (2) (3) (4)
    absent)

    Little or no understanding of Numerous errors when Few errors when No errors when solving
    Problem solving
    the problem is evidenced solving problems solving problems problems

    Demonstrate a general Demonstrate a clear


    Demonstrates little or no Demonstrate a limited
    knowledge and knowledge and
    Math content knowledge or application of knowledge and application
    application of math application of math
    math skills. of math skills
    skills skills

    Satisfactorily Accurately
    Inaccurately communicates Limited communicates
    communicates solutions communicates
    Math communication solutions to problems and solutions to problems and
    to problems and solutions to problems
    concepts concepts
    concepts and concepts
    Stories/scenarios are Stories/scenarios in an
    The reader is unable to follow Stories/scenarios are
    Presentations presented in a logical easy follow step-by-
    the stories/scenarios difficult to follow at times
    manner step model
    Some mathematical Mathematical Mathematical
    Use of Mathematical No mathematical terminology
    terminology is presented, terminology correctly terminologies are used
    Terminology is used or attempted
    but not correctly used used in a smart way.
    TOTAL
    Pay Cheque (1)

    Paycheque Week ending:

    Employee’s Name Position Company

    Earnings

    Rate Hours Gross Pay

    Deductions

    Total Deductions

    Net Pay

    Amount:
    Pay Cheque (2)

    Paycheque Week ending:

    Employee’s Name Position Company

    Earnings

    Rate Hours Gross Pay

    Deductions

    Total Deductions

    Net Pay

    Amount:
    Pay Cheque (3)

    Paycheque Week ending:

    Employee’s Name Position Company

    Earnings

    Rate Hours Gross Pay

    Deductions

    Total Deductions

    Net Pay

    Amount:
    Pay Cheque (4)

    Paycheque Week ending:

    Employee’s Name Position Company

    Earnings

    Rate Hours Gross Pay

    Deductions

    Total Deductions

    Net Pay

    Amount:
    Pay Cheque (5)

    Paycheque Week ending:

    Employee’s Name Position Company

    Earnings

    Rate Hours Gross Pay

    Deductions

    Total Deductions

    Net Pay

    Amount:

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