Reading A Paycheck Stub Worksheet A pay stub is a document that summarizes how your total earnings during a specific pay period were distributed A pay stub is generally broken down into three main sections how much you are being
How to read a paycheck or pay stub With the ease of direct deposit many people never see or review an actual paycheck or pay stub Pay stubs the part of the paycheck that lists important information like withholdings wages earned during the pay period and where your money is going are important to understand Sample Pay Stub 1 per student Reading a Pay Stub worksheet 1 per student Calculating Monthly Gross Net Pay worksheet 1 per student pencil 1 per student Lesson Plan Part I monthly gross pay 1 Ask students what is monthly gross pay Allow them to share their responses aloud Write correct responses on the whiteboard 2
Reading A Paycheck Stub Worksheet
Reading A Paycheck Stub Worksheet
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Navigating Paycheck Stubs Answer Key Fill Online Printable Fillable
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9 Free Pay Stub Templates Free PDF DOC Format Download
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3 Display Slide 2 and distribute a copy of Handout 2 1 John A Dough s Pay Stub to each student Ask a student to read the information about John A Dough in the paragraph by the pay stub Discuss the following How much income did John A Dough earn during his first pay period 360 the amount listed as gross pay Because this 2 Company name and address The employer s name and address Sometimes this section will also contain the employer s phone number 3 Identifying information Some companies include an employee ID or Social Security number on the pay stub as additional employee identification 4
How to Read a Paycheck Stub An Example This section shows the beginning and ending dates of the payroll and the actual pay date This is your home address This is the information about your specific job This is your Federal and State filing status These are your current and year to date hours and earnings Building blocks student handout ho to read a pay tub 1 of 1 building blocks student handout how to read a pay stub 1 big box store earnings statement employee name social sec no employee id check no pay period pay date casey smith 123 45 6789 101 123 8 01 22 8 15 22 8 22 22 income rate hours current total deductions current total year
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Indicates the dates covered by the pay stub including the start and end dates of the pay period as well as the date of the paycheck Earnings This section outlines the amount of money you earned Students answers on their worksheets and during discussion can give you a sense of their understanding This answer guide provides possible answers for the Calculating the numbers in your paycheck worksheet Keep in mind that students answers may vary The important thing is for students to have reasonable justification for their
Gross Income This section of your pay stub shows your gross income which is also called wages or earnings and is a calculation of your hourly rate and your hours worked if you are an hourly employee The total is your gross earnings which is the amount you would make before taxes and deductions Deductions Option 7 Worksheet Key Page 2 Read and Interpret Pay Stubs 1 What is the name of Jane Brown s employer Hamburger Palace Enterprises Inc 2 How much did Jane earn before taxes 120 00 3 What is Jane s hourly wage 6 00 hour 4 List Jane s deductions Federal Income Tax Social Security Medicare State Income Tax meals 5
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Reading A Paycheck Stub Worksheet - How to Read a Paycheck Stub An Example This section shows the beginning and ending dates of the payroll and the actual pay date This is your home address This is the information about your specific job This is your Federal and State filing status These are your current and year to date hours and earnings