Salary & Wages, Annual Leave Loading, and Bonuses (HSC SSCE Mathematics Standard): Quizzes
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Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is a salary?
What is a salary?
Payment for a year divided into instalments
Which advantage does a wage offer that a salary does not?
Which advantage does a wage offer that a salary does not?
Overtime payments for extra work
How many fortnights are in one year?
How many fortnights are in one year?
26 fortnights
If Emma earns $62,400 per annum, what is her weekly pay?
If Emma earns $62,400 per annum, what is her weekly pay?
$1,200
Sam earns $1,260 for a 35-hour week. What is his hourly rate?
Sam earns $1,260 for a 35-hour week. What is his hourly rate?
$36.00
What is the purpose of annual leave loading?
What is the purpose of annual leave loading?
To help cover increased holiday costs
What is the standard rate of annual leave loading?
What is the standard rate of annual leave loading?
17.5%
Jake earns $800 weekly. With 17.5% loading on 3 weeks leave, what is his total holiday pay?
Jake earns $800 weekly. With 17.5% loading on 3 weeks leave, what is his total holiday pay?
$2,820
What is a bonus?
What is a bonus?
Extra pay earned as a reward for goals
If Maria's salary is $72,000 and she gets a 4% bonus, what is her bonus amount?
If Maria's salary is $72,000 and she gets a 4% bonus, what is her bonus amount?
$2,880