Question

Tania just started a new job. She is paid $23.40 per hour. Her new job has guaranteed her an average of 46 hours per week. She will earn Tima-and-a-Half for all hours worked over her regular 40 hour work week. What would her annual salary be?

Answer 1

• $59623.20

Explanation:

Hourly payment = $23.40

Working hours per week = 46

Overtime payment

• 1.5*23.40 = $35.10 per hour

Weekly salary:

• 40*23.40 + (46-40)*35.10 = $1146.60

Annual salary, based on 52 weeks a year:

• 1146.60*52 = $59623.20