Unit 2 - Booklet · Title: Microsoft Word - Unit 2 - Booklet.docx Author: Samantha.Douglas Created Date: 4/6/2020 7:44:57 PM

Workplace and Apprenticeship 10

Unit 2 – Earning an Income

WA10.11 Demonstrate understanding of income including: wages, salary, contracts, commissions, piecework, self-employment, gross pay, net pay.

* Adapted from Pacific Educational Press MathWorks 10

WA 10 Earning an Income Key Terms

Date: _______________

Key Terms

Benefits – A range of programs that benefit employees; these vary from employer to employer. Bi-weekly – Every two weeks

Bonus – Extra pay earned when certain conditions of employment have been met or exceeded.

Commission – An amount, usually a percentage, paid to someone for a business transaction.

Contract - A legal agreement that outlines terms, conditions and payments for work to be done.

Deductions – Amounts that are subtracted from your gross income.

Gross Pay – The total amount of money earned; also called gross earnings.

Minimum Wage – The minimum amount a worker must be paid an hour; this varies, depending on which province or territory you live in.

Net Pay – Also known as take-home pay; refers to the money paid to an employee after deductions have been made.

Overtime – The time someone works beyond normal working hours and receive overtime pay for (often determined by law)

Pay statement – A form an employer gives an employee that shows earnings and deductions from earnings for a defined pay period. Piecework – When someone is paid a set rate for an amount produced.

Salary – Fixed compensation for services, paid to a person on a regular basis.

Self-employment – A person who works for him or herself rather than for an employer.

Semi-monthly – Twice a month.

Shift Premium – Extra payment for non-standard work hours.

Tip – A voluntary additional payment for services rendered.

Taxable Income – Income on which federal and provincial/territorial tax is paid.

Wage – A financial compensation received by workers in exchange for their labour.

WA10 – Unit 2 – Earning an Income Lesson 1 – Wages and Salaries

Date: _______________

Lesson 1: Wages and Salaries Total Pay –

(Hourly wage) × (Hours worked) Hourly Rate – Total pay = x Hours worked 1 hour OR (Total pay) ÷ (Hours worked) Example 1: Marcus works as an electrician and earns $24.68/h. If it takes him 15 hours for one job, how much will he earn? Example 2: Last week Chi worked 34 hours cutting lawns. His gross income was $329.12. What was his hourly wage?

Time Card 1. Count up all the hours worked 2. Find the total pay: (Hourly wage) × (Hours worked) Times:

12 1

2

3

4

5

6 7

8

9

10

11

15 mins

12 1

2

3

4

5

6 7

8

9

10

11

30 mins

12 1

2

3

4

5

6 7

8

9

10

11

45 mins

12 1

2

3

4

5

6 7

8

9

10

11

60 mins

WA10 – Unit 2 – Earning an Income Lesson 1 – Wages and Salaries

Date: _______________

Example 3: You work as a glazier at a window manufacturing company. You earn $19.99/h. If you work the following times in a week, what will your gross pay be for that week?

Employee Name Day Start Time End Time Hours Worked

Gregor Sunday Monday 8:00 am 4:00 pm Tuesday 8:15 am 4:00 pm Wednesday 8:00 am 3:30 pm Thursday 8:00 am 4:00 pm Friday 9:00 am 4:15 pm Saturday 8:30 am 6:30 pm

Example 4: Your work as a part-time warehouse technician. You get paid $12.76/h and keep your own time card. How much did you earn during the week?

Day Morning Afternoon Total Hours IN OUT IN OUT Monday 7:45 9:00 5:00 7:45 Tuesday 4:00 8:00 Wednesday 9:00 11:00 Thursday 9:00 11:00 3:00 5:00 Friday 3:00 6:00 Saturday 9:00 12:00

WA10 – Unit 2 – Earning an Income Lesson 1: Wages and Salaries

Date: _______________

Worksheet 1

1. Martha works as a window dresser. She charges $16.72/h and it takes her 5 hours to finish the window at a local department store. How much will her gross pay be for the job? 2. Ben works as a carpenter for $20.87/h. How much will he earn in a 40-hour work week? 3. If Janny works a 40-hour week as a receiving clerk in the Powell River Hospital and earns $552.88 per week, what is her hourly wage? 4. Emile is a flag person and earned $321.25 last week. If he worked 32.5 hours, what was his hourly salary? 5. Antonio is a cashier in a store that sells Caribbean products. His time card for one week is shown below. Day Morning Afternoon Total Hours IN OUT IN OUT Monday 9:00 11:45 12:45 3:00

Tuesday 8:45 10:45 2:00 5:30 Wednesday 9:00 12:00 1:00 4:00

Thursday 9:30 12:00 1:15 3:45

Friday 9:00 11:30 12:15 3:15

a) How many hours did he work?

b) If he earns $15.85 per hour, how much did he earn that week? 6. What is your daily income if you earn $10.75/h as a camp counsellor and you work 10 hours per day?


Date: _______________

7. Lauren worked as an assistant at the National Metis Youth Conference. Her job was to provide support to people giving workshops. Lauren worked for 7.5 hours at a rate of $12.36/h. How much did she make? 8. You work the following times in a week. You are paid $12.75 per hour. What was your total gross income for this week?


Sunday 9:00 am 5:00 pm

Monday 6:30 am 2:15 pm

Tuesday 6:45 am 2:15 pm

Wednesday 7:00 am 3:00 pm

Thursday 8:00 am 12:00 pm

Friday

Saturday

9. You work the following times in a week. You are paid $9.50 per hour. What was your total gross income for this week?

Day Morning Afternoon Total Hours

IN OUT Total IN OUT Total

Sunday 9:00 am 11:30 am 12:00 pm 4:00 pm

Monday 2:00 pm 8:00 pm

Tuesday 8:30 am 11:45 am 12:15 pm 4:00 pm

Wednesday

Thursday 5: 45 am 10:45 am

Friday

Saturday 9:00 am 11:00 am 12:00pm 6:00 pm








Friday

Saturday


Date: _______________





Monday 8:15 am 11:45 am

Tuesday 9:00 am 11:00 am

Wednesday 8:15 am 11:45 am

Thursday 5: 45 am 10:45 am

Friday 9:00 am 11:00 am

Saturday 12:30 am 5:45 pm




Monday

Tuesday

Wednesday 5:00 pm 11:00 pm

Thursday

Friday

Saturday 8:30 am 4:45 pm




Sunday 9:00 am 11:45 am 12:00 pm 4: 15 pm

Monday 4:00 pm 6:00 pm

Tuesday 4:00 pm 6:00 pm


Thursday 5:00 pm 9:00 pm

Friday

Saturday 9:00 11:45 am


Date: _______________

14.You work the following times in a week. You are paid $40.00 per hour. What was your total gross income for this week?


Sunday




Thursday 11:45 pm 4:00 pm

Friday 12:00 pm 3:45 pm

Saturday




Sunday 9:00 am 11:45 am

Monday 6:00 am 12:00 am


Wednesday 9:00 am 10:00 am 2:15 pm 3:30 pm

Thursday 1: 00 pm 4:45 pm

Friday

Saturday 9:00 11:45 am



Sunday





Friday 9:00 am 3:30 pm

Saturday

WA10 – Unit 2 - Earning an Income Lesson 2 – Pay Periods

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Lesson 2 – Pay Periods Bi-weekly –

Semi-monthly –

Annual salary – Find:

Average Monthly Income

Average weekly Income

Times Paid Bi-weekly

Times Paid Semi-Monthly

Example: 1. Stacy earns $502.15 a month and works 10 hours a week. a) What is her hourly pay? b) How much would she make a year? 2. Christine is paid $4 769.00 as a pharmacist.

a) How much does she make in a year?


Date: _______________

b) How much would she be paid if she was paid bi-weekly?

c) How much would she be paid if she was paid semi-monthly?

2. If Penelope makes $10.50 an hour and makes $21 823.20 a year, how many hours does she average a week? 3. Zhong was hired to be the office clerk at an insurance company. His annual salary will be $34 756.00.

a) What is his average monthly income?

b) What is his average weekly income?

c) How much would he be paid bi-weekly?

d) How much would he be paid semi-monthly?


Date: _______________

Worksheet 2 1. Last year you earned $75 201.75 a) What is your average monthly income? b) What is your average weekly income? 2. You earn $554.00 a month and work 10 hours a week. What is your hourly pay? 3. If you are paid $10/25 an hour and work 11 hours a week, what is your average monthly wage? How much would you be paid semi-monthly? 4. Your annual income at your part-time job is $7025.50. Assuming you work the same amount of time each week, what is your weekly salary?


Date: _______________

5. If you make $42 254.76 a year: a) What is your average monthly pay? b) What is your average weekly pay? c) How much would you be paid bi-weekly? d) How much would you be paid semi-monthly? 6. If you make $10.65/h and make $17 707.97 a year, how many hours do you average a week? 7. If Arielle is paid $9.56 an hour as a swimming lifeguard and she works 12 hours a week, what is her average monthly wage? If she asked for a raise to $12.50 an hour would her monthly wage increase more or less than $100?

WA10 – Unit 2 - Earning an Income Lesson 3 – Minimum Wage and Overtime

Date: _______________

Lesson 3 – Minimum Wage and Overtime

Province Minimum Wage 2012 2013 2014 2015 2016 2017 2018 2019 2020

Alberta 9.75 9.95 10.20 11.20 12.20 12.20 BC 10.25 10.25 10.25 10.45 10.85 10.85 Manitoba 10.25 10.25 10.45 11.00 11.00 11.00 New Brunswick 10.00 10.00 10.30 10.30 10.65 10.65 Newfoundland 10.00 10.00 10.25 10.50 10.50 10.50 NWT 10.00 10.00 10.00 12.50 12.50 12.50 Nova Scotia 10.15 10.30 10.40 10.60 10.70 10.70 Nunavut 11.00 11.00 11.00 11.00 13.00 13.00 Ontario 10.25 10.25 11.00 11.25 11.40 11.40 PEI 10.00 10.00 10.35 10.50 11.00 11.00 Quebec 9.90 10.15 10.35 10.55 10.75 10.75 Saskatchewan 9.50 10.00 10.20 10.50 10.72 10.72 Yukon 10.30 10.54 10.72 10.86 11.07 13.00

Example: 1. Joseph works at a fast food restaurant in Saskatchewan and makes minimum wage. a) If he works 40 hours each week how much would he earn? b) If Joseph was working in British Columbia do you think he would earn more or less? What would he earn in a 40-hour week? c) Which province or territory would he make the most money? Which would he make the least?


Date: _______________

Overtime Many full-time jobs have a 40-hour week, but others may have different regular hours. If you work more than the regular number of hours, it is classified as overtime and you will earn overtime pay for those extra hours. Overtime is often paid at “time and a half” – that is, 1.5 times your regular wage – but can be any other agreed upon amount.

Calculate Time and a half

Calculate Overtime

Steps To Find Overtime: 1) Calculate the amount earned for regular hours. 2) Calculate the overtime wage. 3) Find how many overtime hours you have. 4) Calculate the overtime earned. 5) Regular Hours (1) + Overtime Hours (4) Example: 2. Laura has a job in a warehouse and is paid $9.86/h. She works 8 hours a day, five days a week. She is working on a holiday and her overtime rate is time and a half.

a) What is Laura’s gross earnings for the holiday?

b) What is her hourly rate on the holiday? 7. Marcel works for a construction company and earns $15.82/h for a 37.5 hour work week. He is paid time and a half for any time that he works excess of 37.5 hours. If he works 42.25 hours during one week, how much will he earn?


Date: _______________

Worksheet 3 1. If Sara has a job working minimum wage in Saskatchewan, how much does she make a week if she works 25 hours? 2. If Ryan has a job working minimum wage and makes $386.00 a week working 50 hours, which province is he working in? 3. Pete works on road construction as a grade operator. His regular work week is 40 hours. During the busy seasons he often has to work overtime. For overtime hours worked Monday to Friday he earns time and a half. How much will Pete make if he works 45.25 hours during the week and his regular salary is $15.77/h? 4. Ingrid works as a medical receptionist at a rate of $11.82/h. She regularly works 35 hours per week, but her clinic wants to increase her work week to 42 hours. She agrees to do this if they will pay her overtime, at time and half, for the extra hours. What will her weekly pay be?


Date: _______________

5. Nathalie works as a playground supervisor for 8 weeks during the summer at a rate of $15.27/h for a 40-hour week. If she averages 3 hours of overtime each week, paid at time and a half, how much will she earn during the summer? 6. Tandor has begun a job as an animal trainer in the movie industry. His starting wage is $10.53/h for 30 hours per week. If he works more than 30 hours, he is paid 1.25 times his regular salary. How much will he earn if he works 35 hours in one week? 7. Brandon is paid 1.5 times his regular hourly rate for overtime hours. He is paid $45.00 as an overtime rate. What is his regular hourly rate? 8. Sholeh is working on Christmas as her job. They are paying her double time to come in and work. a) If she is paid $15.00 /h what is her overtime pay? b) If she works 8 hours, how much does she get paid?

W10 – Unit 2 - Earning an Income Lesson 4 – Piece Work

Date: _______________

Lesson 4 – Piece Work Self- Employed – A person who works for him or herself rather than for an employer. Piecework – When someone is paid a set rate for an amount produced.

What kind of jobs are paid using piecework?

Example 1: Greg works as a tree planter during the summer and he earns his income through piecework. He is paid $2.50 for each seedling that he plants. If he plants 45 seedlings in a day, how much will he earn?

Example 2: You are selling clothing at a tournament to earn money for your team. You sell t-shirts for $15.00 each, a pair of sweat for $30.00 each, and hoodies for $45.00 each. In one day you sold 40 t-shirts, 22 pairs of sweats, and 38 hoodies. How much did you earn? Example 3: Mary works as a flower arranger. She is paid $143.75 for making 25 identical flower arrangements for a wedding. How much was she paid per arrangement?

W10 – Unit 2 - Earning an Income Lesson 4 – Piece Work

Date: _______________

Worksheet 4 1. Thomasina knints sweaters and sells them in her craft shop. She has been hired to knit sweaters for a curling team with 4 curlers and their spare. If she charges $75.50 for a large sweater and $69.75 for a medium sweater, how much will she earn if she knits 3 large sweaters and 2 medium sweaters? 2. Patricia works in the garment industry. She is paid $1.50 for each hem and $2.25 for each waistband. How much does she earn by hemming 12 dresses and attaching 15 waistbands? 3. Jack cleans windows for extra income. He charges $3.00 for a main floor window and $500 for a second-story window. How much will he earn if he cleans the windows on a house that has 7 main floor windows and 6 second-story windows. 4. Jorge is an auto detailer. If each job costs the same amount and his office grossed $3048.00 on 12 jobs, what was the cost per job? 5. Karissa picked 18 quarts of strawberries and earned $67.50. How much did she earn per quart? 6. Joey is a freelance writer. He often writes articles for a local newspaper that pays $0.35 per word. How long was his article (expressed as the number of words) if he was paid $192.50? 7. A farmer pays his son $8.25 for each bucket of wild blueberries he picks. He then sells them at a roadside stand for $15.00 per bucket.

a) How much does his son earn if he picks 28 buckets of blueberries?

b) How much does the farmer earn? (Hint, find out how much the farmer makes for 1 bucket)

W10 – Unit 2 - Earning an Income Lesson 5 - Commission

Date: _______________

Lesson 5 - Commission Commission – The amount of money made on commission Rate of Commission – The percentage that is made on commission Total Sales – The total amount sold

What kind of jobs are paid using commission?

Finding Commission: Rate of Commission × Total Sales

Example 1: Ming works in a store that sells furniture. Ming works on commission at a rate of 6.5% of his gross sales. If he sold $9865.00 worth of furniture last week, how much commission did he earn?

Example 2: When selling a home, a real estate agent makes 6% commission on the first $150 000.00 of the home’s selling price and 2% on any amount over that. How much will Sue make if she sells a house worth $250 950.00?

Rate of Commission: Commission Amount ÷ Total Sales

Example 3: Olaf earned $416.03 commission on his sales of $9245.00. What was his rate of commission?


Date: _______________

Base Salary -

Base Salary + Commission

1) What is your base salary? 2) Find your commission? 3) Calculate the total earnings

Example 4: You are working at a store where you sell clothing. You are paid a base salary of $450 per week. You make 12% commissions on any sales you make. This week you sold $1 032.50

Hourly Salary + Commission

1) Find your salary made for the time worked 2) Find your commission 3) Find your total earnings

Example 5: You are working at a store that pays you both an hourly wage and commission. Your hourly wage is $9.50/h. You get 8% commission on any sales you make. One a day at your work you worked for 8 hours and made $255.75 in sales. Example 6: You work as a sale clerk and make a base salary of $9.00/h plus 12% commission on the price before tax of each item sold. If your work day is 8 hours, and in that day you sold an item priced at $635.99, an item priced at $90.00, 3 items that cost $34.50, and an item priced $201.25, how much did you make that day?


Date: _______________

Worksheet 5 1. Peter works in a sporting goods store and earns 12% commission on his sales. How much does he make on a bicycle that sells for $785.95? 2. When selling a home, a real estate agent makes 5% commission on the first $250 000.00 of the home’s selling price and 2% on any amount over that. How much will Sue make if she sells a house worth $375 900.00? 3. David earns a salary of $375.00 per week plus 5% commission on his sales. If he sold $6521.00 of goods, how much did he make? 4. If Freddi earns $6.86 on $95.95 sale, what was his rate of commission? 5. What is the rate of commission if you make $592.00 in sales of $12 589.00? 6. Don operates a small craft store in which he sells other people’s crafts. He takes a 45% commission from the sales of all crafts. If he earned $958.00 commission last week, how much did he sell? 7. If you are paid a base rate of $8.25/h and 16% commission on total sales before tax, how much would you make in a week where you worked 23 hours and sold $1260.75? 8. If you are paid a base salary a week of $325.00 and 25% on total commissions before tax, how much would you make if you sell $1575.25 in one week? 9. A car company pays its salespeople 2% commission on the amount of their sales after cost. Joey sells a car for $23 000.000 that cost the company $15 000.00. How much did Joey make in commission? (Hint the price after cost means the price sold minus the cost for the company).


Date: _______________

10. Larissa earns a base salary of $500.00 per week plus 4% commission on any sales. If she earns $750.00 on commission, how much did she sell? 11. If you sell $2 500.00 worth of inventory at a store, and you make 8% commission, how much commission do you earn? 12. If you sell see $452.76 of clothing at Sportcheck, and you make 14% commission, how much commission did you earn? 13. If you sell a car for $24 452.34 and you make 20% commission, how much did you earn in commission on this sale? 14. If you make $489.75 in commission and you made $2 206.75 in sales, what was your Rate of Commission? 15. If you make $423 548.99 worth of sales, and you made $102 453.50 on commission, what was your Rate of Commission? 16. If you earn $50.25 in commission, and your total sales were $522.38, what was your Rate of Commission? 17. If you earn $400.00 in commission and your Rate of Commission was 30%, what was your total sales made? 18. If your rate of commission is 2% and you made $40 302.88 in commission, what was your total sales made? 19. If your rate of commission is 5% and you made $2 053.25, what was your total sales made? 20. You work at a job where you make $12.10/h and 5% commission on any sales made. This week you worked 30 hours and made $3012.95 in sales. How much did you earn in total this week?

W10 – Unit 2 - Earning an Income Lesson 6 - Contracts

Date: _______________

Lesson 6 – Contracts

Contract – A legal agreement that outlines terms, conditions and payments for work to be done. Contracts are made up of: 1) Expenses Example: 2) Your labour Creating a contract 1) Find all expenses to do the job 2) Calculate the cost for all labour 3) Factor in the amount you want to earn on the job Example 1: A man is figuring out what he should charge for repairing the steps on a client’s house. The cost of materials will be $785.96, and he will have to hire 2 works for 8 hours each at a rate of $12.85/h. He wants to earn at least $450.00 for himself. What should he charge the client in the contract? Example 2: You work on a contract for $16 000.00. The costs for the contract would be $12 000.00, plus you would have to pay a labourer for 40 hours at $12.00/h. How much do you make per hour, if you work 50 hours on the contract?


Date: _______________

Worksheet 6

1. Marcel is bidding on a contract to lay concrete on a patio. He decides to calculate actual costs and then add 20% profit for himself. He need 3 cubic yards of concrete at $100.00 per cubic yard delivered. He needs to pay 2 employees $12.45/h each for 4 hours to do the job. What should he charge the client? 2. Tien has three employees working for her. Each employee is paid the minimum wage in BC, $8.00/h, for an 8-hour day. They are also paid a commission fo 12% on all sales they make. If the three employees made sales of $785.96, $452.87, and $616.42, how much must Tien pay in total for the day? 3. Paulette has been hired to make bridesmaids’ dresses for a wedding. She knows that it will take her approximately 9.5 hours to sew each dress and that the material for each dress costs $120.00. Paulette decides to charge $240.00 per dress. At this price, what is her hourly rate? 4. Jeff’s bid on a contract was $15 980.00. His costs would be $12 250.00, plus he would have to pay a labourer for 36 hours at $12.45/h.

a) How much would Jeff make after the cost of the labourer and the costs have been deducted?

b) If Jeff works 50 hours, how much did he make per hour?


Date: _______________

c) If a competing contractor is offering to lower the contract price 10% , what would this price be?

d) Would Jeff be able to justify reducing the contract price to this?

e) How much would Jeff make after the cost of the labourer and the costs have been deducted for the lower price?

f) If Jeff works 50 hours, how much did he make per hour?

g) Which is more beneficial for Jeff? 5. Leo is a self-employed plumber. One month, his plumbing business had three contracts for $2500.00, $7000.00, $275.00. The cost of Leo’s expenses and materials to complete these contracts was $7200.00.

a) How much did Leo earn an hour based on a 40-hour work week?

b) Suggest two ways in which Leo could raise his hourly rate to $20.00. 6. You are deciding how much to charge on a contract to build a deck. You know that you want to make 30% profit for yourself. Supplies cost $500.00, and you need to hire one employee for 5 hours to do the job, paying them $13.75/h.

a) What should you charge?

b) If you work 10 hours on this job, what was your hourly rate?


Date: _______________

7. Your bid on a contract is $2500.00. Your supplies for this contract cost $1500.00 and you need to hire two labourers for 40 hours at $15.20/h.

a) Would the bid on the contract be enough to cover the costs?

b) What is the difference between the cost to do the contract and the amount of the contract?

c) What should you change the contract bid to be?

d) If you know that you are going to work 50 hours on this contract, and you want to be paid $55.00/h, how much would you have to add to the contract price?

e) What is the new contract price?

f) What is the difference between the original bid on the contract, and the new bid on the contract?

g) Why would this make a difference when bidding on a contract? 8. You are making a contract up. You know that supplies are going to cost $22 450.00. You know you will be hiring 4 labourers for 40 hours each, each being paid $22.50/h. You are going to be working 75 hours on this contract working at $52.25/h. How much will the contract have to be to cover all of the above costs?

WA10 - Earning an Income Lesson 7 – Additional Earnings

Date: _______________

Lesson 7 – Additional Earnings

Benefits – A range of programs that benefit employees; these vary from employer to employer. Bonus – Extra pay earned when certain conditions of employment have been met or exceeded.

Finding Pay with a Bonus 1) Find how much you make for your shift 2) Find how much your bonus is 3) Add the amount you make with the bonus

Finding Pay with a Percent Bonus 1) Find how much you earn 2) Find the percentage of a bonus by multiplying the percent as a decimal and your earnings 3) Add the amount you make with the bonus

Example 1: You work at a job that gives you a $50.00 bonus when you sell $250.00 worth of merchandise. You are paid $12.50/h and one shift you worked 8 hours and sold $386.00 worth of merchandise. How much did you earn this shift? Example 2: You work at a job that is giving you a signing bonus for working two summers in a row. You are paid $3 500.00 for your time worked, and you earn a 15% bonus on top of it. How much will you earn in total? Tip – A voluntary additional payment for services rendered.

What jobs do people normally tip for

Hourly Salary + Tips

1) Change percent to a decimal 2) Multiply how much you billed to the customers 3) Find tip amount 4) Calculate hourly salary 5) Add your hourly salary and tip

Finding Tip Amount 1) Calculate your hourly salary 2) Subtract from how much you earned in total

Example 3: You work at a restaurant where you work an 8 hour shift at $10.25/h. You billed your customers $675.25 and got 15% in tips. How much did you earn this shift?


Date: _______________

Example 4: You work at a restaurant where you make $9.50/h and you work an 8 hour shift. You made $102.50 that shift, how much did you earn in tips? Shift Premium – Extra payment for non-standard work hours. Shift Premium Rate – How much you make per hour on a shift premium.

When do we have shift premiums?

Calculating Pay With a Shift Premium

1) Find total hours worked 2) Calculate how much you earn for your regular hours 3) Find your shift premium hours 4) Find your shift premium wage 5) Calculate your shift premium 6) Add for your total earnings

Shift Premium Wage 1) Change percent to a decimal 2) Multiply your regular rate by the decimal

Example 5: You work at an airport as a security guard and your shift is from 3:00pm to 11:00pm. You get paid for your regular hours $17.36. There is a shift premium of $2.00 per hour more paid on the hours between 5:00 pm and 8:00 am. How much did you make for your shift?


Date: _______________

Worksheet 7

1. You work at a job that gives you a $100.00 bonus when you sell $500.00 worth of merchandise. You are paid $12.50/h and one shift you worked 8 hours and sold $525.00 worth of merchandise.

a) How much do you make with your hourly salary?

b) Do you qualify for a bonus?

c) How much is your bonus?

d) How much do you earn? 2. You work at a job that gives you a bonus of $45.00 for every $100.00 worth of merchandise you sell. You are paid $10.00/h. One shift you work for 8 hours and sold $300.00 worth of merchandise.

a) How much do you make with your hourly salary?

b) Do you qualify for a bonus?

c) How much did you earn from your bonus?

d) How much did you earn in your entire shift?

3. You work at a job that gives you a $150.00 bonus for working on a Saturday. You are paid $12.50/h and work for 8 hours on Saturday. How much do you earn in total for that shift? 4. Professional Athletes often get signing bonuses when they sign their contract. If you sign a contract for $1 000 000.00, and you get a 25% signing bonus.

a) How much is your signing bonus as a decimal?

b) How much is your signing bonus?

c) How much do you make in total?

5. You work at a job that gives you an $8% signing bonus when you accept the job. You make $32 459.99/year.


Date: _______________

a) How much is your bonus as a decimal?

b) How much do you make on your bonus?

c) How much will you earn in total?

6. You work at a job that makes 10% bonus at the end of the year for Christmas. If your salary is $43 000.55/year, how much do you make in total that year? 7. You work at a restaurant and are paid $12.45/h. You generally make 15% on tips. One shift you work for 6 hours and billed your customers $475.60 that shift.

a) How much do you earn from your hourly salary?

b) How much is your tip percentage as a decimal?

c) How much do you make in tips?

d) How much do you make in total?

8. You work at a restaurant where you make $10.25/h and you work an 8 hour shift. You made $122.50 that shift. a) How much do you earn from your hourly salary?

b) How much do you earn in tips? 9. You work as a cab driver and make $14.50/h and you work a 12 hour shift. You made $225.50 that shift.

a) How much do you earn from your hourly salary?

b) How much did you earn in tips? 10. You work at a coffee shop and make $9.75/h. You work a 7 hour shift and made $93.75 that shift. How much did you earn in tips this shift?


Date: _______________

11. You work as a hair dresser and charge $45.00 per hair cut. In one day you do 5 hair cuts, and make $250.00.

a) How much do you charge for hair cuts?

b) How much do you earn in tips?

12. You work as a massage therapist and $65.00 for a massage. In one day you give 3 massages and make $265.00.

a) How much did you charge for massages?

b) How much did you earn in tips?

13. You work as a house cleaner and you charge $25.00 to clean a house. In one day you clean 6 houses and earn $275.75. How much did you earn in tips? 14. You work at a job that pays a shift premium of $2.00 more an hour for the hours worked between 11:00 pm and 6:00 am. In a shift you work from 5:30 pm – 4:30 am.

a) How many regular hours do you work?

b) How much do you earn for your regular hours?

c) How many hours do you work on a shift premium?

d) What is your shift premium wage?

e) How much do you earn for the shift premium hours?

f) How much do you earn in total for this shift?


Date: _______________

15. You work at a job that pays a shift premium of $5.00 more an hour for the hours worked between 12:00 pm and 5:00 am. In a shift you work from 4:30 pm – 1:30 am.

a) How many regular hours do you work? b) How much do you earn for your regular hours? c) How many hours do you work on a shift premium? d) What is your shift premium wage? e) How much do you earn for the shift premium hours? f) How much do you earn in total for this shift?

16. You work at a job that pays a shift premium of $3.75 more an hour for the hours worked between 8:00 pm and 2:00 am. In a shift you work from 7:30 to 12:30. How much did you earn this shift?

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Unit 2 - Booklet · Title: Microsoft Word - Unit 2 - Booklet.docx Author: Samantha.Douglas Created Date: 4/6/2020 7:44:57 PM