1. Salary pp. 101-102 1-5 SECTION

2. Copyright © Glencoe/McGraw-Hill 1-5 Section Objective Determine: salary per pay period

3. SECTION Copyright © Glencoe/McGraw-Hill 1-5 salary (p. 101) A fixed amount of money earned on a regular basis, received weekly, biweekly, semimonthly, or monthly. Key Words to Know

4. SECTION Copyright © Glencoe/McGraw-Hill 1-5 Salary per Pay Period = Annual Salary Number of Pay Periods Formula

5. SECTION Copyright © Glencoe/McGraw-Hill 1-5 The Road to Building Castles p. 101 Does your boss expect less from you when you become a salaried employee?

6. SECTION Copyright © Glencoe/McGraw-Hill 1-5 Beth Huggins is a computer programmer. Her annual salary is $42,648. What is her monthly salary? What is her weekly salary? Example 1

7. SECTION Copyright © Glencoe/McGraw-Hill 1-5 Step: Find the salary per pay period. Monthly: $42,648.00 ÷ 12 = $3,554.00 52 = $820.15 Weekly: $42,648.00 ÷ 52 = $820.15 Example 1 Answer

8. SECTION Copyright © Glencoe/McGraw-Hill 1-5 Michelle Giuseffi is a police officer. Her annual salary is $40,560. What is her biweekly salary? Practice 1

9. SECTION Copyright © Glencoe/McGraw-Hill 1-5 $1,560 Practice 1 Answer

10. SECTION Copyright © Glencoe/McGraw-Hill 1-5 Colin Evans is a hotel desk clerk who earns an annual salary of $21,216. What is his weekly salary? Practice 2

11. SECTION Copyright © Glencoe/McGraw-Hill 1-5 $408 Practice 2 Answer

12. Salary 1-5 END OF SECTION