Principles of Business and Marketing (PBM)

1. Principles of Business and Marketing (PBM) Mr. Shultz

2. Today’s Objectives and Bell-Ringer Objectives TSW correctly compute gross and net pay with no errors. (BUS6115.045) Bell-Ringer What is the difference between hourly pay and a salary? What is the largest deduction most employees will see on their pay statement? What are the two categories into which Social Security taxes are split?

3. Bell-Ringer What is the difference between hourly pay and a salary? Hourly pay is where you are paid for every hour that you work With a salary, you are paid the same no matter how many hours you actually work

4. Bell-Ringer What is the largest deduction most employees will see on their pay statement? Federal Income Taxes (FITW)

5. Bell-Ringer What are the two categories into which Social Security taxes are split? Social Security retirement Medicaid/Medicare

6. Class Work Read What’s a Degree Really Worth? article Complete worksheet, file in notebook Complete Moneyskill Module 4 If needed, catch up on Pre-Test and Modules 1-3 first Let me know if you need to do a re-test Don’t forget, you can work ahead

7. Principles of Business and Marketing (PBM) Mr. Shultz