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Worksheet 3.1 — Paycheck & Compensation Decoder

Module 3 · Financial Readiness & Career Stability

Worksheet 3.1 — Paycheck & Compensation Decoder

Now decode your own real or sample pay stub.

Name: ______________________________

Date: ______________________

From Gross Pay to Net Pay

  1. Gross Pay — Total earned before anything is subtracted.
  2. Deductions — Taxes/withholdings, other, and benefits deductions.
  3. Net Pay — What actually lands in your account.

Worked Example: $18/hr, 40 Hours

  • Gross pay: $720 for the week
  • Deductions: Taxes, benefits, other — $158 total
  • Net pay: $562 actually deposited

Gross pay

Deductions

Net pay

Evolve Workforce Solutions · Life Skills & Workforce Development