How PayGrade WorksLast year I wrote this in-depth introduction of how PayGrade works. The following is a condensed version of that summary..

PayGrade is a classroom economy simulation that you can utilize all year in
just about any class setting. Just recently, PayGrade was gotten by an online financial investment company called
Stash. An outcome of that acquisition is that all of the functions of PayGrade are now free for all trainees and instructors..

PayGrade lets you produce an online class area in which students have to complete jobs to make virtual currency. PayGrade provides a list of jobs that you can assign to your trainees or you can develop your own jobs for trainees to finish.
At the end of each week in PayGrade your students make money in virtual currency that they can redeem for various rewards of their picking. Students also have the option to simply bank their virtual currency for usage at a later date.
PayGrade isnt just a basic “trainees do jobs, students get benefits” system. Due to the fact that students have to pay costs from their virtual paychecks prior to they can spend their currency for things that they want, that is.