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Compare Rose's bi-weekly salary of $636 with Arlene's monthly salary of $1380. Learn about salary vs. wage and practice examples. Which would you prefer and why?
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Before we start • Write your name, date, and note titles at the top of the page. • Copy down all notes. • Yes, ALL notes.
1.2 Salary Let’s talk mad money ya’ll!
Do you like money? • Do you like money? • Rose earns a salary of $636 bi weekly. Arlene’s salary is $1380 monthly. Assume the jobs would be equally enjoyable to you. Whose pay would you prefer? Explain why. • Write the answer in you notes: • EXPLAIN WHY and SHOW ANY MATH that supports your decision. • If you’re unsure than try to make the best decision you can. Say you don’t know why and give your best answer.
Salary • Salary: pay for work regardless of how much you work. • What would be an example of job that would pay a salary? • Wage: pay for work by the hour. • What would be an example of job that would pay a wage?
Textbook practice • Let’s take a look at the example on textbook page 4.
Practice • Awesome! • Now you try “Worksheet: 1.2 Salary”. • Remember you can use a calculator. • Please write the date, page number and question number at the top of the page. • Show all work, including any mistakes!