1. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Hourly Rates / Wages Wages / Hourly Rates Income www.mathsrevision.com Weekly / Monthly Wages Wage Rises Commission Wages Overtime Pay Gross - Deductions = NET pay Exam Type Questions

2. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions www.mathsrevision.com

3. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.Understand the terms wage and salary. 1.We are learning to calculate wages. 2.Calculate wage / salary given hourly rate. www.mathsrevision.com Income

4. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Wages / Salary :How much a person is paid to do a job. Can be measured weekly, monthly or annually. www.mathsrevision.com Income Hourly rate :How much you get paid for an hours work.

5. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. £6.50 x 38 = £247.00Pay is = www.mathsrevision.com Example : Mick the mechanic hourly rate of pay is £6.50. Last week he worked 38 hours. What is his basic pay? Income

6. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. £10.50 x 40 = £420.00Pay is = www.mathsrevision.com Example : Jim is a joiner his hourly rate of pay is £10.50. He works 40 hours a week. What is his basic pay? Income

7. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. £239 x 52 = £ 12 428Annual Salary = www.mathsrevision.com Example : A shop assistant gets paid £239 a week. How much is her annual salary. Income 52 weeks in a year !

8. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. £1 100 x 12 = £ 13 200Annual Salary = www.mathsrevision.com Example : A mechanic gets paid £1 100 a month. A bus driver gets paid £260 a week. Who gets the better annual salary. Income Mechanic : Bus Driver : £260 x 52 = £ 13 520Annual Salary = Bus driver has better annual wage

9. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 1 Ch25 (page 198) www.mathsrevision.com Income

10. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions Q1. Find the value of y when 2y + 6 = 24 Q2. Find the two missing angles Q3.Find two numbers that add give 10 and divide to give 4. www.mathsrevision.com

11. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.Understand the term hourly rate. 1.We are learning to calculate hourly rates. 2.Calculate hourly rates given the wage and hours worked. www.mathsrevision.com Income

12. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. £200 ÷ 40 = £5.00Hourly rate is = www.mathsrevision.com Example : Bill the gardener is paid £ 200 a week. He works 40 hours a week. What is his hourly rate? Income

13. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. £153.60 ÷ 32 = £4.80Pay is = www.mathsrevision.com Example : Paul starts a new job and is promised a hourly rate of £4.90. His wage for the week was £153.60 for 32 hours Of work. Was the employers promise true. Income False !

14. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 2 Ch25 (page 199) www.mathsrevision.com Income

15. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions Starter Questions www.mathsrevision.com

16. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.We are learning to calculate weekly and monthly wages from annual salary. 1.Calculate weekly and monthly wages from annual salary. www.mathsrevision.com Income

17. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : William gets an annual salary of £ 30 000. What is his monthly wage. What is his weekly wage. Income £30 000 ÷ 12 = £ 2 500 Monthly wage: Weekly wage : £30 000 ÷ 52 = £ 576.92 52 weeks in a year ! 12 months in a year !

18. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 3 Ch25 (page 200) www.mathsrevision.com Income

19. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions www.mathsrevision.com

20. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.We are learning to calculate new wages after a wage rise. 1.Calculate a percentage rise. www.mathsrevision.com Income 2.Calculate new wages after a percentage rise.

21. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Frances earned an annual salary of £ 20 000 last year. She receives a 10% rise this year. What is her new salary. Income 10 ÷ 100 x £20 000 = £ 2 000 Rise : New salary : £20 000 + £2 000 = £ 22 000

22. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Gerry earned an annual salary of £ 18 000 last year. He receives a 4% rise this year. What is his new salary. Income 4 ÷ 100 x £18 000 = £ 720 Rise : New salary : £18 000 + £720 = £ 18 720

23. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 4 Ch25 (page 202) www.mathsrevision.com Income

24. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions Q1. How much should I get if I work 30 hours at a rate of £5 per hour. Q3. Find 25% of 50 Q2. Find the missing angle www.mathsrevision.com 33 o

25. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.We are learning to calculate wages when commission is involved. 1.Understand the term commission. www.mathsrevision.com Income 2.Calculate wages involving commission.

26. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Commission :Money earned based on how much you sell. Usual expressed as a percentage. www.mathsrevision.com Income Write some people who get commission Car sales person Double glazing sales person

27. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Ted sells car. He is paid a commission of 5% on any cars he sells. Last week he sold £ 20 000 worth of cars. How much commission was he paid ? Income 5 ÷ 100 x £20 000 = £ 1 000 Commission :

28. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Henrik gets paid £60 for playing for his local football team. He gets a bonus of £30 for every goal he scores. If he scored a hat-trick in a game. How much was he paid. Income 60 + 3 x 30 = 60 + 90 = £150 Paid :

29. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 5 Ch25 (page 203) www.mathsrevision.com Income

30. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions Q1. Find value of x when x + 4 = 16 Q3. Find 20 % of 150 Q2. Find two missing angles www.mathsrevision.com 32 o

31. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.We are learning to calculate wages which include overtime / bonus rates. 1.Understand the terms overtime, ‘double time’ and ‘time and a half’ and bonus. www.mathsrevision.com Income 2.Calculate wages with overtime.

32. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Overtime :When you do extra work above your basic hours. www.mathsrevision.com Income You get a better hourly rate for overtime. Write down the two common rates of overtime Double time (x2) Time and a half (x1.5)

33. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. 4 x £6 x 2 = £48.004 hours Overtime is = www.mathsrevision.com Example : Percy the painter works for £6.00 per hour. His overtime rate is “Double time”. What does he get paid for 4 hours overtime. Income

34. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. 5 x £8 x 2 = £80.005 hours overtime is = www.mathsrevision.com Example : John the gardener works a basic 40 hours a week. He does 5 hours overtime at ‘double time’ on Saturday. His hourly rate is £8 per hour. Work out his overtime pay and then his total pay. Income 40 x £8 = £320.0040 hours basic time is = Total pay is = £320 + £80 = £400

35. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. 4 x £6 x 1.5 = £36.004 hours overtime is = www.mathsrevision.com Example : Tim the shop assistance works a basic 30 hours a week. He does 4 hours overtime at ‘time and a half’ on Sunday. His hourly rate is £6 per hour. Work out his overtime pay and then his total pay. Income 30 x £6 = £180.0030 hours basic time is = Total pay is = £36 + £180 = £216.00

36. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 6 Ch25 (page 204) www.mathsrevision.com Income

37. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Starter Questions Starter Questions www.mathsrevision.com 1.Two numbers add to give 12 and divide to give 3. Find the two numbers. 2. Two numbers subtract to give 5 and multiply to 24. Find the two numbers. 3. Make your own question up.

38. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Learning Intention Success Criteria 1.We are learning to calculate NET pay. 1.Understand the terms Gross, Deductions and NET pay. www.mathsrevision.com Income 2.Calculate NET pay.

39. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Gross Pay:What you are paid by the employer. www.mathsrevision.com Income Tax National Insurance Deductions:Taken off your wages. Net Pay:Your take home pay. Write down some Pension

40. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Calculate the Net wage for the following : IncomeGrossDeductions Net Wage £15 550 £3 400 £13 025 £2 905 £22 430 £5 094 £12 150 £10 120 £17 336

41. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Calculate the Net wage for this payslip : Income 704.00 149.00 555.00

42. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. www.mathsrevision.com Example : Calculate the Net wage for this payslip : Income 739.15 207.76 531.39

43. N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Now Try TJ N4 Lifeskills Exercise 7 Ch25 (page 208) www.mathsrevision.com Income Have you updated your Learning Log ?

44. 24-Jun-16Created by Mr. Lafferty Maths Dept. 3 KU 1 KU

45. 24-Jun-16Created by Mr. Lafferty Maths Dept. 3 KU

46. 24-Jun-16Created by Mr. Lafferty Maths Dept.

47. 24-Jun-16Created by Mr. Lafferty Maths Dept.

48. 24-Jun-16Created by Mr. Lafferty Maths Dept. Walter is a double glazing salesman. Each month he earns £500 plus 5% commission on all his sales. Calculate the value of his sales in a month when his total earnings were £1900.

49. 24-Jun-16Created by Mr. Lafferty Maths Dept. Claire sells cars. She is paid £250 per month plus 3% commission on her sales. How much is she paid in a month when her sales are worth £72 000?

50. 24-Jun-16Created by Mr. Lafferty Maths Dept. Alice Anderson has a part-time job in a call centre. Her basic rate of pay is £6.50 per hour. At weekends she gets paid overtime at time and a half. Last week she was paid £136.50, which included 4 hours overtime. How many hours did she work at the basic rate?

51. 24-Jun-16Created by Mr. Lafferty Maths Dept. Ann works in a hotel. She is paid £5.60 per hour on weekdays and double time at weekends. Last month her gross pay was £436.80. Ann worked a total of 54 hours on weekdays. How many hours did she work at double time?

52. 24-Jun-16Created by Mr. Lafferty Maths Dept. Corrina has a part time job in a local pottery. She paints designs on coffee mugs. Her basic rate of pay is £6.25 per hour. She also gets paid an extra 22 pence for every mug she paints. Last week Corrina worked 15 hours and painted 40 mugs. How much was she paid?