Introduction

O My name is Miss Peacock

O I will be taking your class for the next 5
weeks
O I am a pre-service teacher from Western
Sydney University.
O I teach mathematics, economics and
commerce.
O I am Australian and Canadian
O I love baking and spicy foods
 Classroom expectations
O Be kind to each other and yourselves
O Be polite and use respectful language in the
classroom
O Ask for help if you do not understand something
we are all here to learn
O Come to class on time
O Have your book and pen/pencil ready. If you need
materials please ask!
 Quick questions
1. Calculate 23
2. 117 p = 230. Calculate p.
3. Simon earns $653.87 per fortnight. Calculate his yearly
wage.
4. Find 24% of 874.
5. Write as a percentage.
6. Find the sum of 18, 13 and 9.
7. The heights (in cm) of 5 students are: 172, 151, 180, 153,
167. Calculate the average.
8. How many fortnight in 14 years?
9. What is as a percentage?
10. A square has a side length of 3cm. What is its perimeter?
 Lesson outcomes
O Revise earning money (hourly pay)
O Calculate additional payments
O Calculate holiday loading
O Use this to solve problems
 Revision
O Complete these questions:

- Ben earns $35 per hour. How much does he earn when he works a
40 hour week?
- Jessica earns $1438 for working a 35-hour week. What is her hourly
rate of pay?
- Calculate the hourly rate of pay for a person who works a 40-hour
week and is paid weekly wages of:
a) $1297
b) $792
c) $1890

- Greg works a 38-hour week and is paid $42 per hour. Calculate how
much he earns in a:
a) Week
b) Fortnight
c) Year
 Additional payments
O Full-time employees who earn wages are expected to
work a minimum number of hours each day, or each
week, as negotiated in their workplace agreement.
O Overtime is paid to people who work hours in addition
to those required by their workplace agreement and it is
paid at a higher rate. The most common rates of
overtime are:
O Time-and-a-half: the employee is paid at 1.5 times the
normal rate of pay .
O Double time: the employee is paid double the normal
rate of pay
 Examples
O Jim usually works a 35-hour week and earns $44 per
hour. Calculate his total wages for the week if he works
an additional 6 hours at time-and-a-half.
O Kathy normally works a 38-hour week and earns $82
per hour. Calculate her total wages if she works an
additional 10 hours at double-time.
O Bert is paid $24.30 per hour for a normal 38-hour
week, and is paid time-and-a-half for any extra hours
worked. How much would he earn for a week in which he
worked 47 hours?
 Annual leave loading
O Holiday loading (annual leave loading) is an extra
(or bonus) payment given to employers when they
take their annual holiday leave. It is typically
calculated at 17.5% of four weeks normal salary or
wages.
 Example
O Tanya earns $810 per week. She is entitled to 4 weeks
annual holiday leave and receives an additional holiday
loading of 17.5%. Calculate Tanyas:
a) Normal pay for 4 weeks.

a) Holiday loading

a) Holiday pay (a + b)
 Textbook exercise
O Exercise 6C questions 1 18
O To be completed for homework
 Conclusion
O Holiday leave loading is calculated at 17.5%
of four weeks normal pay
O Time-and-a-half and double time are typical
overtime payments
O Next lesson we will look at taxation and
deductions