3. I can identify key information from a pay slip.
4. I have found a job that I'm interested in and can calculate the net income.
Complete the Salary vs Wages Worksheet to understand the different types of payments (page #).
Have a go at reading Ms Garlick's pay slip (page #) and pulling information by using the questions on the left to guide you.
Copy down the notes on how to read a pay slip.
Complete the Career Quest Survey on your phone or device. Write down the recommended careers in your workbook on page #.
Do Now Answers for the Salary vs Wages Worksheet.
For Task 1, I'm happy for other teachers to use my payslips but I find the kids really engaged when it's your own payslip because they find it interesting to know what their teacher makes and it helps build that relationship and model financial planning. Here are the Answers.
Stress the importance of understanding the difference between gross and net income. Jobs are advertised with gross income. But the money they are actually working within their budget is the net income. People often forget this and then overestimate the money they have, making it easy to go into debt.