1 press ctrl-a ©g dear2009 – not to be sold/free to use annual leave loading stage 6 - year 11...
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©G Dear2009 – Not to be sold/Free to use
Annual LeaveAnnual LeaveLoadingLoading
Stage 6 - Year 11Stage 6 - Year 11
Applied Mathematic(Preliminary General 1)
2
The TheoryWorkers are entitled to the loading; because when
they are on holidays they won't get their normal pay which included extra for working on shifts and
weekends.(Hagan 1981: p. 280, Commonwealth Bureau of Census and Statistics
1907)
In May 1974 a 17.5% annual leave loading was granted to those under the Metal Industry Award in
addition to them winning a claim for four weeks annual leave.
3
Bill earns $600/week as a metal worker.
How much extra does he get as his annual leave loading?
Annual Leave Loading =17.5100
x $600 x 4 weeks
= $420
How much does he get as his annual leave?
Annual Leave =$600 x 4 weeks+ $420
= $2 820
4
Samantha earns $76 000/annum as an administrator.
How much extra does he get as his annual leave loading?
Annual Leave Loading =17.5100
x $76000÷ 52 weeks
= $1023.08
How much does he get as his annual leave?
Annual Leave = x 4 weeks+ $1023.08
= $6 869.23
x 4 weeks
$76000÷ 52 weeks