PD2 CALCULATING FINANCIAL REWARDS

2.4 MOTIVATION
Calculating financial rewards
a)    Mary earns $6 per hour as a part time worker at a grocery shop. Her contracted hours are 15.5 hours per week. Calculate her weekly gross pay
b)    Jon earns $2500 per month. Income tax rate is 20% and his personal tax allowance is $17.040 per year. Use these figures to calculate Jon’s
a.     Annual gross income
b.    Annual taxable income
c.     Annual take home pay
c)     Jon earns $1420 per month. Income tax rate is 20% and his personal tax allowance is $17.040 per year. Use these figures to calculate Jon’s
a.     Annual gross income
b.    Annual taxable income
c.     Annual take home pay
d)    Sarah works in an office and earns $2450 per calendar month. Calculate how much she earns per week.

e)    As a lawyer, Mario earns a basic salary of $1000 per month. Last month, he sold goods to the value of $19000 on which he earns 6.5% commission. Calculate his gross pay for the month. 

Comments

Post a Comment

Popular posts from this blog

PD2 HOMEWORK Restructuring at Southmead College

PD2 HOMEWORK Restructuring at Southmead College (a) If someone is denoted ( to lower someone or something in rank or position)   to classroom teacher, it means that he/she had previously hold the position of chairperson or head of an area, with administrative tasks. Middle managers at Southmead College are all those individuals who were heads of areas, held a relatively high ranking in the hierarchy structure (depending on how tall or flat the organization was), and had teachers (subordinates) reporting to them. These middle managers were held responsible for the teachers beneath them, and accountable for the whole's area performance. (b) It might have been a good decision if one considers that it cut costs and saved money, with minimal redundancies. Hopefully, the funds generated from the cost cutting exercise should finance training and some equipment improvement (in that order and priority). Flattening the structure should allow teachers to empower themselves in different de
Read more

MYP5 CLASSWORK 10OCT2017 Entrepreneurship vs Intrapreneurship

Image
MYP5 CLASSWORK 10OCT2017 Entrepreneurship vs Intrapreneurship Please read the following article and answer the following questions (in your notebook): (a) What is the  main difference between an entrepreneur and an intrapreneur? (b) State at least 2 similarities between an entrepreneur and an intrapreneur. (c) State at least 3 differences between an entrepreneur and an intrapreneur. (b) What are the four factors of production? (e) Why is entrepreneurship so important for the sucess of a business? (f) Identify an entrepreneur and explain in a paragraph his achievements. At home, please print, cut and paste this material into your notebook. Mandatory. THE ROLE OF ENTREPRENEURSHIP AND INTRAPRENEURSHIP As both entrepreneur and intrapreneur share similar qualities like conviction, creativity, zeal and insight, the two are used interchangeably. However, the two are different, as an   entrepreneur   is a person who takes a considerable amount of risk to own and operate the bus
Read more