gross pay

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2025-09-18 12:18:54 -04:00
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@@ -78,10 +78,19 @@ Content Review
* Earnings are dollar amounts the employer pays an employee for the work they perform.
* Earnings are pensionable, insurable and taxable, and therefore subject to all statutory deductions.
* Allowances are additional dollar amounts paid to employees for the use, or anticipated use, of their personal property for business purposes.
* Benefits are dollar values attributed to something the employer has either provided to an employee or paid for on an employees behalf.
* Benefits are dollar values attributed to something the employer has either provided to an employee or paid for on an employee's behalf.
* Expense reimbursements are dollar amounts paid to employees to cover expenses that they incurred while performing their job; they are not considered in the calculation of an employees pay.
* A regular payment has an established frequency, such as weekly-paid salary or wages.
* A non-regular payment has no established frequency, for example, a bonus or a retroactive adjustment.
Review Questions
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#. What are the four categories of employment income?
#. List five methods an employer can use to pay earnings.
#. What are allowances? Provide an example of an allowance.
Non-Regular Earnings
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