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Starter QuestionsStarter Questions
Q1. How much should I get if I work15 hours at a rate of £7.50 per hour.
Q2. Find the missing angles
94o
60o
Learning IntentionLearning Intention
To explain how to work out wages when commission and overtime
is involved.
CommissionCommission
Money earned based on how much you sell. Usually expressed as a percentage.
CommissionCommission
Name some people who get commission
Car sales person
Double glazing sales person
Commission :
Example 1 :
Bob sells car. He is paid a commission of 5% on any carshe sells. Last week he sold £ 20 000 worth of cars. How much commission was he paid ?
CommissionCommission
5 ÷ 100 x £20 000 = £ 1 000
Commission :
10% = 20 000 ÷ 10= £2000
5% = 2000 ÷ 2 = £1000
CommissionCommissionExample 2
A travel agent earns 7% commission on any holiday she sells.One day she sells £3200 worth of holidays. The next day she sell only £800 worth of holidays.
Calculate her commission for the two days.
Day 1:Commission =7 ÷ 100 x 3200 =£224
Day 2:Commission =7 ÷100 x 800 = £56
Overtime : When you do extra work above your basic hours.
Commission & Overtime
You get a better hourly rate for overtime.
Write down the two common rates of overtime
Double time (x2)
Time and a half (x1.5)
4 x £12 = £48.004 x £12 = £48.004 hours Overtime is = 4 hours Overtime is =
Example 1 : Percy the painter works for £6.00 per hour. His overtime rate is “Double time”. What does he get paid for 4 hours overtime.
Commission & Overtime
Double time rate = Double time rate = £6 x 2£6 x 2 = £12= £12
5 x £16 = £80.005 x £16 = £80.005 hours overtime is = 5 hours overtime is =
Example 2 : John the gardener works a basic 40 hours a week. He does 5 hours overtime at ‘double time’ on Saturday. His hourly rate is £8 per hour. Work out his overtime pay and then his total pay.
Commission & Overtime
40 x £8 = £320.0040 x £8 = £320.0040 hours basic time is 40 hours basic time is = =
Total pay is = £320 + £80 = £400Total pay is = £320 + £80 = £400
Double time rate = Double time rate = £8 x 2£8 x 2 = £16= £16
Commission & OvertimeTime and a half
To calculate ‘time and a half’ overtime
Time can be described as the whole thing or 1
Half time can be described as 0.5
So…….. time and a half can be described as 1.5
Therefore to calculate time and a half we ………
……… Multiply by 1.5
Commission & OvertimeTime and a half
Example
Davie drives a cement lorry for a basic rate of £8 per hour, but any overtime is paid at a rate of time and a half
Work out what he would be paid if he were to do 4 hours overtime
Time and a half rate rate = Time and a half rate rate = £8 x 1.5£8 x 1.5 = £12= £12
4 x £12 = £48.004 x £12 = £48.004 hours overtime is = 4 hours overtime is =
Commission & OvertimeTime and a half
Example
Fraser is a green keeper at the S Club in Fife. His basic hourly rateIs £12.50.
During a golf tournament, Fraser was required to work 18hours overtimeat time and a half.
How much was he paid for this?
Time and a half rate rate = Time and a half rate rate = £12.50 x 1.5£12.50 x 1.5= £18.75= £18.75
18 x £18.75 = £337.5018 x £18.75 = £337.5018 hours overtime is = 18 hours overtime is =
Commission & OvertimeTime and a half
Example
Sol repairs shoes for a living. He works 45 hours a week for a Basic pay of £7.20 per hour. He also works 6 hours on a Saturday at Time and a half, and 3 hours on a Sunday at double time.
Calculate a) basic earnings b) Saturday earningsc) Sunday earnings d) Total pay for week
Now try Ex 8.3/8.4Ch 8 Page 62
Commission & Overtime