Exam 2: Computing Wages and Salaries

A worker who is regularly paid on a biweekly basis should receive 24 paychecks each year.

Employers may pay nonexempt employees who work fluctuating schedules a fixed salary. In these cases, the extra pay is:

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Refer to Instruction 2-1 . Stacy Forvour is a salaried employee who works fluctuating workweeks. She is paid $680 per workweek. This week, she worked 46 hours. Forvour's total gross pay if her employer uses the special half-rate (based on total hours worked) for overtime pay is __________.

The Equal Pay Act stipulates that there cannot be any wage differentials between the sexes.

Instruction 2-2 Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places .  Refer to Instruction 2-2. Cecil Green is a waiter who regularly receives $90 each week in tips and works 40 hours each week. Green's employer claims the maximum weekly tip credit that is allowed in this case. The gross weekly pay, excluding tips , that the restaurant should pay Green without violating the FLSA is _____.

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Refer to Instruction 2-1 . Carolyn Clark, a full-time student at Atlanta State University, works at the Barclay Dress Shop. In order not to violate the FLSA, the least salary that Barclay could pay Clark for her 28-hour workweek is __________.

Instruction 2-2 Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places .  Refer to Instruction 2-2. Ken Gorman is paid $810.00 for a 37 -hour workweek. Overtime is paid at time and one-half for hours beyond 40 in each  workweek. One week, Gorman works 48 hours. If he is paid his regular hourly rate for the first 40 hours,  Gorman's gross pay is _____.

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Refer to Instruction 2-1 . Hall receives 18.5 cents for every unit produced. Hall produces 575 units in an 8-hour workday. Hall's daily wages are __________.

A full-time student may be employed by a retail shop at 85 percent of the minimum wage.

If an employer is unable to obtain a certificate of age or a work permit for a minor employee, the employer may rely upon what document as evidence of age?