Have the groups place the questions in the QAR framework. Finally, provide the groups with a new reading selection and ask them to develop questions from its content. Have the students evaluate their own questions in light of the QAR framework. Learn More: Raphael, T.E. (1984).
If an employee makes more than $110,000, she is considered a highly compensated employee. The term highly compensated employee is important because it relates to 401(k) rules. Every 401(k) plan has to be weighted equally among all of the employees. If only the highly compensated employees in the company are contributing to the 401(k), it will be considered uneven, and the 401k may be shut down.
The gross amount refers to the pay an employee would receive before withholdings are made for such things as taxes, contributions to United Way, and savings plans. Since salaried employees earn a specified annual amount, it is likely that their gross pay for each pay period is the same recurring amount. For example, if a manager's salary is $48,000 per year and salaries are paid semi-monthly, the manager's gross pay will be $2,000 for each of the 24 pay periods. (If the manager is paid bi-weekly, the gross pay would be $1,846.15 for each of the 26 pay periods.) A salaried employee's work period usually ends on payday; for example, a paycheck on January 31 usually covers the work period of January 16-31. This is convenient for accounting purposes if the company prepares financial statements on a calendar month basis.