Mathematics Standard • Year 11 • Module 3 • Lesson 1

Wages, Salaries and Pay Periods

Build fluency in pay-period conversions — hourly, weekly, fortnightly, monthly and annual — one step at a time.

Build · Skill Drill

1. Quick recall

Answer each question in the space provided. 1 mark each

Q1.1 Fill in the number of pay periods in one year:

Weeks per year = ____     Fortnights per year = ____     Months per year = ____

Q1.2 State in one sentence the main difference between a wage and a salary.

Q1.3 Complete the conversion arrow with the operation needed:

Weekly pay  ____________  Annual salary  ____________  Fortnightly pay

Stuck? Revisit lesson § Key Formulas (Weekly × 52 = Annual; Annual ÷ 26 = Fortnightly).

2. Worked example — comparing two job offers

Follow each line. Every step has a reason on the right.

Problem. Job A pays $61,360 per year. Job B pays $24.80 per hour for 38 hours per week. Which job pays more annually, and by how much?

Step 1 — Identify the unit asked for.

Compare both jobs as annual amounts.

Reason: comparison is fair only when both options are in the same unit.

Step 2 — Job A is already annual.

Job A = $61,360 / year

Step 3 — Convert Job B to weekly, then annual.

Weekly = $24.80 × 38 = $942.40

Annual = $942.40 × 52 = $49,004.80

Reason: hourly × hours per week × 52.

Step 4 — Compare and state.

$61,360 − $49,004.80 = $12,355.20

Conclusion. Job A pays more by $12,355.20 per year.

3. Faded example — convert annual salary to hourly rate

An apprentice earns a salary of $58,968 per year and works 36 hours per week. Calculate the equivalent hourly rate, to the nearest cent. Fill the blanks. 3 marks

Step 1 — Convert annual to weekly:

Weekly = $58,968 ÷ ____ = $ ____________

Step 2 — Divide weekly by hours per week:

Hourly = $ __________ ÷ 36 = $ ____________ (full calculator value)

Step 3 — Round to the nearest cent:

Hourly rate ≈ $ ____________ per hour

Conclusion. Hourly rate ≈ $ ____________ /hr.

Stuck? Revisit lesson § Worked Example 4 — Annual → Hourly.

4. Graduated practice — pay period calculations

Show your working in the space below each part. Keep dollar amounts to 2 decimal places unless told otherwise.

Foundation — single-step conversions (4 questions)

QProblemAnswer
4.1 1An hourly rate of $23.50 is paid for 38 hours per week. Calculate the weekly wage.
4.2 1A weekly wage is $1,080. Calculate the annual salary.
4.3 1An annual salary is $84,500. Calculate the fortnightly pay.
4.4 1An annual salary is $72,000. Calculate the monthly pay.

Standard — typical HSC difficulty (6 questions)

Show at least one line of substitution and clearly label your final answer with units.

4.5 Priya works 38 hours per week at $26.40 per hour. Calculate her annual income.    2 marks

4.6 A graduate earns a salary of $74,880 per year, paid fortnightly. Calculate the fortnightly pay.    2 marks

4.7 A worker is paid $1,372.80 per week. Calculate the equivalent monthly pay (to the nearest cent).    2 marks

4.8 An annual salary of $67,704 is paid for a 36-hour week. Calculate the equivalent hourly rate, to the nearest cent.    2 marks

4.9 A salary of $89,440 is paid fortnightly. Calculate the fortnightly pay.    2 marks

4.10 Marcus earns $84,500 per year. State (i) his weekly pay and (ii) his monthly pay, to the nearest cent.    2 marks

Extension — compare two jobs / reverse-calculate (2 questions)

4.11 Job A pays $63,500 per year. Job B pays $31.25 per hour for 38 hours per week. Which job pays more annually, and by how much? Write a one-sentence conclusion.    3 marks

4.12 A worker earning $1,200 per week was offered a new role at $32.50 per hour for the same 38-hour week. By how much per year is the new role better paid?    3 marks

Stuck? Convert both options to annual first, then compare.

5. Self-check the easy 3

Tick the first three once you've checked your method works.

How did this worksheet feel?

What I'll revisit before next class:

Answers — Do not peek before attempting

Q1.1 — Periods per year

Weeks = 52.   Fortnights = 26.   Months = 12.

Q1.2 — Wage vs salary

A wage is paid per hour worked (more hours = more pay); a salary is a fixed annual amount that does not change with hours worked.

Q1.3 — Conversion arrow

Weekly  × 52  Annual  ÷ 26  Fortnightly.

Q3 — Faded example (annual to hourly)

Step 1: Weekly = $58,968 ÷ 52 = $1,134.00.
Step 2: Hourly = $1,134.00 ÷ 36 = $31.50 exactly.
Step 3: Already exact, no further rounding required.
Conclusion: Hourly rate = $31.50/hr.

Q4.1 — Weekly wage

W = $23.50 × 38 = $893.00 per week.

Q4.2 — Weekly to annual

A = $1,080 × 52 = $56,160.00 per year.

Q4.3 — Annual to fortnightly

F = $84,500 ÷ 26 = $3,250.00 per fortnight.

Q4.4 — Annual to monthly

M = $72,000 ÷ 12 = $6,000.00 per month.

Q4.5 — Priya's annual income

Weekly = $26.40 × 38 = $1,003.20.
Annual = $1,003.20 × 52 = $52,166.40 per year.

Q4.6 — Graduate fortnightly

F = $74,880 ÷ 26 = $2,880.00 per fortnight.

Q4.7 — Weekly to monthly

Annual = $1,372.80 × 52 = $71,385.60.
Monthly = $71,385.60 ÷ 12 = $5,948.80 per month.

Q4.8 — Annual salary to hourly rate

Weekly = $67,704 ÷ 52 = $1,302.00.
Hourly = $1,302.00 ÷ 36 = $36.166... ≈ $36.17/hr.

Q4.9 — Salary to fortnightly

F = $89,440 ÷ 26 = $3,440.00 per fortnight.

Q4.10 — Marcus weekly and monthly

(i) Weekly = $84,500 ÷ 52 = $1,625.00.
(ii) Monthly = $84,500 ÷ 12 = $7,041.666... ≈ $7,041.67.

Q4.11 — Job A vs Job B

Job A = $63,500 per year (already annual).
Job B weekly = $31.25 × 38 = $1,187.50; annual = $1,187.50 × 52 = $61,750.00.
Difference = $63,500 − $61,750 = $1,750.
Job A pays more by $1,750 per year.

Q4.12 — Current vs new role

Current annual = $1,200 × 52 = $62,400.
New weekly = $32.50 × 38 = $1,235.00; annual = $1,235.00 × 52 = $64,220.00.
Difference = $64,220 − $62,400 = $1,820 better per year in the new role.