What are the two common overtime rates?
Time and a half, double time
What is the definition
Payment calculated as a fixed percentage of the normal pay over a fixed number of weeks.
What is the definition?
Percentage of the value of the goods sold
Definition of piecework?
Fixed payment for work completed.
Which country is both a continent and an island?
Australia
I work for 40 hours at a rate of $16 an hour, 3 hours at time and a half rates and 1 hour at double time rates. What is my wage during the week.
$744
What is the usual percent of annual loading?
17.5%
What is an advantage?
Higher sales increase income or may receive small retainer on top of commission.
What is a disadvantage of this form of payment?
No permanent employment, no sick leave or holiday pay.
Name one marvel movie coming out this year
Spider-Man: Brand New Day
or
Doomsday
What is the payment for working 4 hours overtime at time and a half given the following normal pay rates at $43.83 an hour.
$262.98
Thomas works a 40 hour week at a rate of $18.50 per hour. He receives 17.5% of 4 weeks normal pay as holiday loading. What is Thomas‘s pay for the holiday?
$3 478
What is a disadvantage?
Income may vary each week or competition for customers is usually high
Noah is a tiler and charges $47 per square metre to lay tiles. How much will he earn for laying tiles in a room whose area is 14 square metres?
$658
Spell my surname
Turville
A mechanics industrial award allows for normal rates for the first 7 hours on any day. It provides for overtime payment at the rate of time and a half for the first 2 hours and double time after. Find the mechanics wage for a 12 hour day if the normal pay rate is $42.50 an hour.
$680.00
What is the holiday loading for a person earning $6 240 normal pay for 4 weeks at 17.5%?
$1 092.00
Jade is a real estate agent and is paid an annual salary of $18 000 plus a commission of 2.5% on all sales. She is also paid a car allowances of $50 per week. What was jades total yearly income if she is sold $1 200 000 worth of property?
$50 600.00
A doctor charges each patient $33.50 for a consultation. She works for 6 hours a day and usually sees 5 patients per hour. How much money does the doctor receive each day?
$1005.00
What is a group of flamingos called?
A flamboyance
Connor works a35 hour week and is paid $18.50 per hour. Any overtime is paid at time and a half. Connor wants to work enough overtime to earn at least $800 each week. What is the minimum number of hours of overtime that Connor will need to work?
5.89 hours
Jim receives holiday loading of 17.5% of 4 weeks pay. His loading was $996.80. What is his normal weekly pay?
$1 424.00
Caitlin and her assistant, Holly, sell perfume. Caitlin earns 20% commission on her own sales, as well as 5% commission on Hollys sales. What was Caitlins commission last Month when she made sales of $1800 and Holly made sales of $2000?
$460.00
What is the formula for Piecework?
Number of units x amount paid over unit
What year was Warners Bay High School Founded?
1966