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©2009 – Not to be sold/Free to use

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Presentation on theme: "©2009 – Not to be sold/Free to use"— Presentation transcript:

1 ©2009 – Not to be sold/Free to use
Stage 5 Year 9 Consumer Arithmetic Holiday Loading Press Ctrl-A ©2009 – Not to be sold/Free to use

2 Holiday Loading (1/2) Since 1944 many Australian employees have been paid 17 1/2% of their gross pay for four weeks when they take their annual leave. End of Slide

3 Holiday Loading (2/2) Example: $75 000 p.a. 4 Weeks Pay = $75,000
÷ days x 28 days = $ 4 weeks pay 17.5% Holiday Loading = 5,749.49 x 0.175 = $ 4 weeks pay Holiday Loading Holiday Pay = = $ End of Show


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