Financial Literacy-Calculating Overtime-Timesheets and Payslips-Financial Math

Financial Mathematics Lesson 4: Timesheets and Payslips

This resource includes:

1. Lesson Plan in PowerPoint (Editable).

Teachers can edit the lesson plan, the lesson procedure and the duration of the

lesson that is suitable for their class. Estimated duration: 40 minutes.

1. Lesson in PowerPoint (Editable and clickable)

Teacher follows the PowerPoint slides for the lesson procedure.

1. The student’s workbook

2. Solutions

Easy classroom preparation:

Print and staple all pages together to make a workbook.

Use the PowerPoint slides for the lesson procedure.

Grades: 9th to 12th

Learning Outcomes:

• Calculate earnings from wages for various time periods, given an hourly rate of pay, including increased rates for overtime and special rates for Sundays and public holidays.
• Find the equivalent number of hours worked at normal pay.
• Read an award or pay scale table and compare pay rates and conditions for different positions.
• Calculate a variety of time sheets and complete payslips.

Skill Focus:

Working mathematically, communicating and reasoning

• Read an award or pay scale table and compare pay rates and conditions for different positions.
• Calculate a variety of time sheets.
• Complete a variety of Pay Slips

Also comply with Australian Curriculum:

Calculate weekly or monthly wage from an annual salary, wages from an hourly rate including situations involving overtime and other allowances and earnings based on commission or piecework (ACMGM002)
Convert units of rates occurring in practical situations to solve problems (ACMEM015)

Financial Mathematics Lessons:
Lesson 1: Calculating Wages and Salaries
Lesson 2: Comparing Wages and Salaries & Job Advertisement
Lesson 3: Calculating Overtime
Lesson 4: Calculating Overtime Timesheets and Payslips

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