Calculating a commission lesson plan, worksheet, classroom. Find calculating hourly wages lesson plans and teaching resources. The program will add all of the premium overtime pay to system generated pay code 999 for. Teacher will demonstrate the proper way to calculate hourly wages using a calculator.
Each group needs a copy of the types of payment worksheet, and each student needs a copy of the calculating gross and weekly wages worksheet. You can view an employees flsa status on the pay plan field on. In some states, like california, overtime pay also. Point out that john had no overtime or holiday pay this period. Some of the worksheets for this concept are hourly and overtime pay version 2 and answer keys, teacher lesson plan, its your paycheck lesson 2 w is for wages w 4 and w 2, calculating your paycheck. Overtime pay is the pay employees receive for hours worked in excess of 40 hours during a work week. An employee may also earn overtime pay for all hours worked over 40 within a pay period. Premium overtime, at one and onehalf times the employees average rate of pay must be paid for all hours worked in excess of 40 per week. This is an introductory lesson to systems of equations, involving a twostep operation. A viewer asked me to show him how to calculate the number of overtime hours worked and the payment for those hours on a time card in excel. They then use a spreadsheet to calculate overtime rates of pay. This lesson looks at calculating salaries and wages. Students complete the included activity sheet related to reading a pay stub and calculating deductions.
The last alternative for calculating overtime requires the prior approval of the affected employee. Introduces learners to the idea of a payslip and what it contains. The fluctuating workweek method of calculating overtime nonexempt employees who are paid a salary may be paid for overtime on the fluctuating. Top ten overtime pay questions part 1 of 2 if you have fewer employees doing more work, you need to be sure you are paying them any overtime that is due. Wages or salary before deductions for taxes and other purposes. Calculating overtime for an hourly employee is more basic. Calculating salary teachercreated lesson plan common. In some cases, such as on sundays, an employer may pay double time or 2 times an employees regular pay. In the previous section, we computed straighttime pay that. Lesson calculating a commission lesson see below for printable lesson.
Students compute the gross pay for fictional john dough given his hourly wage and. Wages and overtime teacher notes activity description. The overtime premium is not paid on the fringe benefit. Then gives worked examples of calculating and basic weekly. Worksheets are hourly and overtime pay version 2 and answer keys, wages and overtime teacher notes activity description, working overtime, casey crewe 6 7 8 7 9 5 3 12, fair labor standards act, income calculation work, flsa exemption test work, fair labor standards act coverage fact. Introduce the topic using job advertisements from your local. How to calculate bonuses into a regular rate of pay for overtime. Calculating overtime pay the flsa way threekeyrequirements youmustmeettoavoid paying dolpenalties theadplogoisaregisteredtrademarkofadp,inc. Students will demonstrate knowledge in calculating salary. Have them use that information to calculate a living wage for their. The fluctuating workweek method of calculating overtime. Critical thinking look at the start up problem for this lesson.
For example, school teachers, who are on a salary are not paid overtime for planning and marking exams and assignments. Alfredo montoya works the evening shift at electronic. Based on murphys calculations, he can earn enough money to. Good for class discussions about paying tax and ni. Understanding net pay, gross pay, overtime, deductions brief description. Calculate premium overtime for a prior pay period recovery of overtime. Students complete the included activity sheet related to reading a pay stub and calculating. Complete with not only the lesson plan, this also includes an introductory activity, body of lesson. Nuffield freestanding mathematics activity wages and overtime teacher notes page 1 of 2. The system will perform the premium overtime calculation during payroll processing on compute tuesday. This gross net pay lesson is a comprehensive lesson to encompass your entire classroom period. Gao73a overpayment worksheet in order to capture the various rates that were in. The teacher will have posted in schoology app the pdf that has the notes fill in page and.
Consumer math students will find how to compare different salary and pay rates. Teacher will walk around the classroom to answer questions and monitoring students actions. Figure these items for each employee and record them in the payroll record below. They learn how to complete a w4 form and what a w2 form is. In this unit you will learn different ways to earn money including hourly, salary, tips, and commission. Understanding how to compute regular pay, overtime, gross pay, and deductions.
Overtime is paid when more than 8 hours are worked in a day. W is for wages, w4 and w2 students compute the gross pay for a fictional john dough given his hourly wage and the number of hours worked. Hourly rate for overtime amount of regular pay amount of overtime pay total gross pay. Lesson plan wages katherine whittaker lesson plan title. How to calculate overtime hours on a time card in excel. Find calculating overtime pay lesson plans and teaching resources. Alternate methods of calculating overtime for certain types of employees, such as piece rate workers and fluctuating workweek employees, overtime is calculated differently. Students investigate potential jobs and compare the wages. Directions find the time and a half and the double time rates for each hourly rate. Chapter 1, lesson 1 computing wages plainfield academy. You will also learn how to accurately compare different income values using equivalent hourly wage. If there are p050 d code earnings, these are factored into the monthly overtime rate. A salary is a fixed amount of money employers pay to their employees for services rendered. Calculating your paycheck salary worksheet 1 answers.
The lesson deals with the components included in the regular rate of pay and overtime pay for employees. Also learn how taxes are calculated as well as overtime pay. Wage, salary, basic pay, gross pay, net pay, overtime, spreadsheet, formula, convert percentage to decimal, rounding. Calculating overtime pay in the united states shrm. Overtime worked on saturdays is paid for at timeandahalf, whilst on sunday it is paid for at doubletime. Teacher will write additional problems on the classroom board 6. Using the pay check stub above, answer the following questions.
Students will demonstrate calculating hourly wages on their white boards. Once the activity sheet has been checked, students demonstrate their knowledge of the vocabulary associated with the lesson through. Determine the overtime rate by multiplying the flsa regular rate of pay by 1. For example, managers often push back against hr professionals. Assign students to research specific costs for goods and services in their community. The overtime rate is again one half the regular rate, and an hourly employees regular rate is the same as his hourly rate, unless he receives additional. Overtime pay is the amount of overtime paid to each employee in a pay period. The workplace is the arena for this synopsis, where students must uncover what their hourly wage will. When they are done with the types of payment worksheet, hand each student a calculating gross and weekly wages worksheet. Pay code 997 is used for all manual entries of premium overtime 999.