non - salaried employees do not earn a set salary. the opportunity to work overtime can help them make…

non - salaried employees do not earn a set salary. the opportunity to work overtime can help them make decisions about when to pay bills, make large purchases, or save extra money. overtime is extra pay for working extra hours or holidays. overtime can be paid as time and a half, which is one and a half times the regular pay rate. it can also be paid as double time, or twice the regular pay rate. on occasion, overtime can even be triple time! 9. a) explain what being paid time and a half means. b) imagine that you are in a job paying $12 per hour. you are offered time and a half for working overtime. show the sequence of keystrokes that you enter into your calculator to determine your new hourly rate of pay. 10. calculate the time - and - a - half pay wage for the following regular hourly wages. regular hourly rate overtime hourly rate (time and a half) a) $14.60 b) $11.40 c) $10.75

non - salaried employees do not earn a set salary. the opportunity to work overtime can help them make decisions about when to pay bills, make large purchases, or save extra money. overtime is extra pay for working extra hours or holidays. overtime can be paid as time and a half, which is one and a half times the regular pay rate. it can also be paid as double time, or twice the regular pay rate. on occasion, overtime can even be triple time! 9. a) explain what being paid time and a half means. b) imagine that you are in a job paying $12 per hour. you are offered time and a half for working overtime. show the sequence of keystrokes that you enter into your calculator to determine your new hourly rate of pay. 10. calculate the time - and - a - half pay wage for the following regular hourly wages. regular hourly rate overtime hourly rate (time and a half) a) $14.60 b) $11.40 c) $10.75

Answer

Explanation:

9. a)

It means overtime pay is 1.5 times regular rate. For every hour of overtime, an employee gets paid one - and - a - half times what they would for a regular hour.

9. b)

On a calculator, the keystrokes would be: 12 × 1.5 =

10. a)

Multiply regular rate by 1.5. $14.60\times1.5 = 21.9$

10. b)

$11.40\times1.5=17.1$

10. c)

$10.75\times1.5 = 16.125$

Answer:

  1. a) Overtime pay is 1.5 times the regular pay rate.
  2. b) 12 × 1.5 =
  3. a) $21.90
  4. b) $17.10
  5. c) $16.125