1 Press Ctrl-A ©G Dear 2008 – Not to be sold/Free to use Wages Stage 6 - Year 11 General Mathematics Preliminary

2 Wages (1/5) Wages are paid on an hourly basis. To calculate wages we multiply the hourly rate by the number of hours. To calculate hourly rate we divide the wage by the number of hours. To calculate number of hours we divide the wage by the hourly rate. End of Slide

3 Wages (2/5) An additional allowance is paid for working under unfavourable conditions. Casual rates are higher than normal rates of pay as no sick leave or holiday pay is usually paid. End of Slide

4 Wages (3/5) To calculate wages we multiply the hourly rate by the number of hours. Example 1: How much is Bob’s wage if he earns $37/hour for 40 hours? Pay =$37/hr Hourly Rate  x 40 hrs Number of hours  = $1480 End of Slide

5 Wages (4/5) To calculate hourly rate we divide the wage by the number of hours. Example 2: What is Bob’s hourly rate if he earns $1 480 for a 40 hour week? Hourly rate =$1480 Wage  ÷ 40 hrs Number of hours.  = $37/hr End of Slide

6 Wages (5/5) To calculate number of hours we divide the wage by the hourly rate. Example 3: How many hours does Bob’s need to work if he wants to earn $1 480 at $37/hour? Hours = $1480 Wage  ÷ $37/hr Hourly Rate.  = 40 hours End of Show