Annual Leave Loading and Bonuses - Questions
Alan received a \({\rm{17}}\frac{1}{2}\% \) holiday loading on 4 weeks normal wages. He normally works a 36 hour week. His 4 weeks holiday pay and loading is $3950.82
(i) Find his normal weekly pay
(ii) Find his normal hourly pay rate
\begin{align}&\begin{aligned}\text{(i)}\quad
\text{For}\ 1 \text { week } &=3950.82 \div 4\\&=987.71 \\
117 \frac{1}{2} \% \times \omega &=987.71 \\
\omega &=\frac{987.71}{117 \frac{1}{2}} \times 100 \\
&=\$ 840.60
\end{aligned}\\
&\begin{aligned} \text{(ii)}\quad \text{hourly rate} &=840.60 \div 36\\
& =\$23.35\end{aligned}\end{align}
\end{align}
Yu Yan was paid 4 weeks holiday pay plus \(17\frac{1}{2}\% \) holiday loading. If her normal weekly pay is $640.50. Calculate
(i) Her normal pay for 4 weeks
(ii) Her holiday loading for 4 weeks
(iii) Her total holiday pay