Adam works at an electronics store,earning $10.25 an hour,and is paid time and a half for any overtime.Last week,he worked 48 hours.His federal tax withheld is 15% and his state tax withheld is 4%.Social Security and Medicare taxes are also withheld.Determine his net pay for the week.

Time And A Half

Time and a half refers to the pay rate that is 1.5 times higher than the normal rate, usually applied to hours worked beyond the standard workweek.

Net Pay

The amount of money that an employee receives after deductions such as taxes and social security contributions have been subtracted from their gross salary.

Overtime

Additional hours worked beyond the standard or agreed working hours, typically compensated at a higher pay rate.