From a63baf4a944dfd42f2dbcfebb2daf90aa08efe85 Mon Sep 17 00:00:00 2001 From: Alexandre Bobkov Date: Thu, 18 Sep 2025 12:37:26 -0400 Subject: [PATCH] gross pay --- docs/source/4_calculating-gross-pay.rst | 33 ++----------------------- 1 file changed, 2 insertions(+), 31 deletions(-) diff --git a/docs/source/4_calculating-gross-pay.rst b/docs/source/4_calculating-gross-pay.rst index 90156e1..06017d4 100644 --- a/docs/source/4_calculating-gross-pay.rst +++ b/docs/source/4_calculating-gross-pay.rst @@ -107,37 +107,8 @@ net pay. Any reimbursements made to an employee for personal living expenses are considered taxable to the employee, included in income and subject to statutory withholdings. -Content Review -~~~~~~~~~~~~~~~~ - - * Remuneration is compensation or pay for services performed. - * Employment income can be categorized into earnings, allowances, benefits and taxable expense reimbursements. - * 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 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 employee’s 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. - * Employment standards legislation in all jurisdictions, except for federal (Canada Labour Code, Part III) and Ontario, requires that employees receive their pay according to a specified frequency. - * As long as an employer meets the minimum standard requirement, they can select the pay period frequency that best suits their organization. - * An organization can establish different pay frequencies for different groups of employees. - * The most common pay period frequencies are weekly, bi-weekly, semi-monthly and monthly. - -Review Questions -~~~~~~~~~~~~~~~~ - - #. 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. - - #. What are benefits? Provide an example of a benefit. - - #. What are expense reimbursements? - - #. List two of the most common types of pay period frequencies. +Types of Regular Earnings +------------------------------------- Non-Regular Earnings ----------------------------------- \ No newline at end of file