Question

You just received a raise after working for your company for a year. Your new hourly wage is $12.50. If you are paid biweekly and you work a normal 40 hour week, what is your base salary per pay period?

Answer 1

12.5 x 40 = 500
500 x 2 = 1000
You get $1,000 every 2 weeks you're paid

Answer 2

Answer: The base salary per period is $ 1000

Explanation:

Here, one period = 2 weeks

Since, the wages per hour = $ 12.5

The number of working hours per week = 40

⇒ The number of working hours per 2 week = 80

⇒ The wages per 2 weeks = 80 × 12.5 = $ 1000

⇒ The wages per period = $1000

Hence, the base salary per period is $ 1000.