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1 Press Ctrl-A Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Annual Leave Annual Leave Loading Loading Stage 6 - Year 11 Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Annual Leave Loading Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

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Page 1: 1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Annual Leave Loading Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

1Press Ctrl-APress Ctrl-A

©G Dear2009 – Not to be sold/Free to use

Annual LeaveAnnual LeaveLoadingLoading

Stage 6 - Year 11Stage 6 - Year 11

Applied Mathematic(Preliminary General 1)

Page 2: 1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Annual Leave Loading Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

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The TheoryWorkers are entitled to the loading; because when

they are on holidays they won't get their normal pay which included extra for working on shifts and

weekends.(Hagan 1981: p. 280, Commonwealth Bureau of Census and Statistics

1907)

In May 1974 a 17.5% annual leave loading was granted to those under the Metal Industry Award in

addition to them winning a claim for four weeks annual leave.

Page 3: 1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Annual Leave Loading Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

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Bill earns $600/week as a metal worker.

How much extra does he get as his annual leave loading?

Annual Leave Loading =17.5100

x $600 x 4 weeks

= $420

How much does he get as his annual leave?

Annual Leave =$600 x 4 weeks+ $420

= $2 820

Page 4: 1 Press Ctrl-A ©G Dear2009 – Not to be sold/Free to use Annual Leave Loading Stage 6 - Year 11 Applied Mathematic (Preliminary General 1)

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Samantha earns $76 000/annum as an administrator.

How much extra does he get as his annual leave loading?

Annual Leave Loading =17.5100

x $76000÷ 52 weeks

= $1023.08

How much does he get as his annual leave?

Annual Leave = x 4 weeks+ $1023.08

= $6 869.23

x 4 weeks

$76000÷ 52 weeks