1. Lesson 9: Salary Consumer Math: p. 17-18

2. Some people are paid a fixed amount of money regularly, no matter how many hours they need to complete their jobs. This money is called a salary. People who are paid a salary are usually not paid overtime. Professional workers and supervisors in most businesses are among employees who are paid a salary. Salaried workers are paid regularly, but the pay periods may differ from job to job. For example, biweekly, semimonthly, bimonthly, quarterly, and semiannually are some of the pay periods that companies may use.

3. How often paid… How OftenPay periods per year Weekly52 Biweekly 26 Semimonthly24 Monthly12 Bimonthly6 Quarterly4 Semiannually2 Annually1

4. Example

5. Exercise A Example 1.Anita is paid a salary of $250 weekly. $250 x 52 = $13,000