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SECTION 1-5 Salary pp
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Section Objective Determine: salary per pay period
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Key Words to Know salary (p. 101)
A fixed amount of money earned on a regular basis, received weekly, biweekly, semimonthly, or monthly.
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Formula Salary per Pay Period = Annual Salary Number of Pay Periods
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The Road to Building Castles p. 101
Does your boss expect less from you when you become a salaried employee?
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Example 1 Beth Huggins is a computer programmer. Her annual salary is $42,648. What is her monthly salary? What is her weekly salary?
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Example 1 Answer Step: Find the salary per pay period.
Monthly: $42, ÷ 12 = $3,554.00 Weekly: $42, ÷ 52 = $820.15
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Practice 1 Michelle Giuseffi is a police officer. Her annual salary is $40,560. What is her biweekly salary?
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Practice 1 Answer $1,560
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Practice 2 Colin Evans is a hotel desk clerk who earns an annual salary of $21,216. What is his weekly salary?
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Practice 2 Answer $408
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END OF SECTION 1-5 Salary
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