Understanding Payslips and Overtime Calculations

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Payslips and Overtime
 
 
 
 
 
 
Basic Pay
 
This is what you earn before any additions or deductions
Joe earns £6.50 p.h.
He works 40 hours per week
How much does he earn in a week?
40 × 6.50
£260
How much does he earn in a year?
£260 × 52
£13520
This is his annual salary.
Overtime
 
Sometimes you might get paid extra for working more
hours
This might be at “time and a half” or “double time”
When Joe works over 40 hours, the overtime is paid at
“time and a half” of £6.50
Calculate his overtime pay if he works an extra 6 hours.
1½ × £6.50 × 6
1.5 × £6.50 × 6
£58.50
 
Gross Pay
 
Gross pay is the total of your basic pay + any overtime
This is the amount of pay 
before
 anything is deducted
What is Joe’s 
gross weekly pay
?
£260 basic + £58.50 overtime
£318.50
 
Net Pay
 
 
Net pay is the amount of pay you actually receive
Sometimes called “take home pay”
This is what you receive after deductions are taken off
your Gross Pay
Deductions are things like Income Tax, National Insurance
and Pension Contributions
What is Joe’s Net weekly pay if his tax is £57.33 and NI is
£42.30?
£318.50 - £57.33 - £42.30 =
£218.87
Mark is a joiner.  His basic pay is £12.00 an
hour.  He is paid time and a half for any
overtime.  Calculate his gross pay when he
works a basic 40 hour week plus an
additional 11 hours overtime.
 
Basic pay
40 × £12.00
£480
Overtime
1½ × £12 × 11
1.5 × £12 × 11
£198
Gross Pay = £480 + £198 = £678
Louise is an admin assistant.  Her basic pay
is £8.00 an hour.  She is paid time and a
half for any overtime.  Calculate her gross
pay when she works a basic 35 hour week
plus an additional 5 hours overtime.
 
Basic pay
35 × £8.00
£280
Overtime
1½ × £8 × 5
1.5 × £8 × 5
£60
Gross Pay = £280 + £60 = £340
Zoe is a nursery nurse.  Her basic pay is
£7.50 an hour.  She is paid double time for
any overtime.  Calculate her gross pay when
she works a basic 30 hour week plus an
additional 4 hours overtime.
 
Basic pay
30 × £7.50
£225
Overtime
2 × £7.50 × 4
£60
Gross Pay = £225 + £60 = £285
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Explore the world of payslips and overtime calculations with examples involving basic pay, overtime rates, gross pay, and net pay. Follow along as we calculate earnings for different scenarios like Joe the worker, Mark the joiner, Louise the admin assistant, and Zoe the nursery nurse. Understand how to calculate gross pay including overtime and deductions to determine net pay. Dive into the details of hourly rates, overtime rates, and deductions such as income tax and National Insurance contributions.


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  1. Payslips and Overtime

  2. Basic Pay This is what you earn before any additions or deductions Joe earns 6.50 p.h. He works 40 hours per week How much does he earn in a week? 40 6.50 260 How much does he earn in a year? 260 52 13520 This is his annual salary.

  3. Overtime Sometimes you might get paid extra for working more hours This might be at time and a half or double time When Joe works over 40 hours, the overtime is paid at time and a half of 6.50 Calculate his overtime pay if he works an extra 6 hours. 1 6.50 6 1.5 6.50 6 58.50

  4. Gross Pay Gross pay is the total of your basic pay + any overtime This is the amount of pay before anything is deducted What is Joe s gross weekly pay? 260 basic + 58.50 overtime 318.50

  5. Net Pay Net pay is the amount of pay you actually receive Sometimes called take home pay This is what you receive after deductions are taken off your Gross Pay Deductions are things like Income Tax, National Insurance and Pension Contributions What is Joe s Net weekly pay if his tax is 57.33 and NI is 42.30? 318.50 - 57.33 - 42.30 = 218.87

  6. Mark is a joiner. His basic pay is 12.00 an hour. He is paid time and a half for any overtime. Calculate his gross pay when he works a basic 40 hour week plus an additional 11 hours overtime. Basic pay 40 12.00 480 Overtime 1 12 11 1.5 12 11 198 Gross Pay = 480 + 198 = 678

  7. Louise is an admin assistant. Her basic pay is 8.00 an hour. She is paid time and a half for any overtime. Calculate her gross pay when she works a basic 35 hour week plus an additional 5 hours overtime. Basic pay 35 8.00 280 Overtime 1 8 5 1.5 8 5 60 Gross Pay = 280 + 60 = 340

  8. Zoe is a nursery nurse. Her basic pay is 7.50 an hour. She is paid double time for any overtime. Calculate her gross pay when she works a basic 30 hour week plus an additional 4 hours overtime. Basic pay 30 7.50 225 Overtime 2 7.50 4 60 Gross Pay = 225 + 60 = 285

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