Bill person earns 2 800 semimonthly as a congressional aide

Bill person earns $2, 800 semimonthly as a congressional aide for a senator in the state legislature. a. How much are his annual gross earnings? b. If the senator switches pay schedules from semimonthly to biweekly, what will Bill\'s new gross earnings be per payroll period? Barbara Sultan works 40 hours per week as a registered nurse. At the rate of $31.50 per hour, what are her gross weekly earnings? Eric Shotwell\'s company pays him $18.92 per hour for regular time up to 40 hours and time- and-a-half for overtime. His time card for Monday through Friday last week had 8.3, 8.8, 7.9, 9.4, and 10.6 hours. What was Eric\'s total gross pay? Mitch Anderson is a security guard. He earns $7.45 per hour for regular time up to 40 hours, time-and-a-half for overtime, and double time for the midnight shift. If Mitch worked 56 hours last week, including 4 hours on the midnight shift, how much were his gross earnings?

Solution

NOTE: Biweekly payroll involves paydays that occur 26 times per year, such as every other Friday. Semimonthly payroll refers to paydays that occur 24 times per year, such as paydays that occur on the 15th day and the last day of every month.

(a) In view of the above, annual gross salary= 2800x 24= $67200

(b) As there are 26 paydays (in the biweekly system) , annual earnings= 2800x 26= $ 72800

(Barbara\'s) Gross weekly earnings= 40 x 31.50 =$ 1260

Total numbers of hours worked (Eric) = 8.3+ 8.8+ 7.9+ 9.4+ 10.6 = 45

Total gross pay = 40 x 18.92 + 5x 18.92 x 1.5 = $ 898.7

Break up 56 = 40 (regular time + 12 (overtime) + 4 (midnight shift)

So gross earnings = 40x7.45+ 12X7.45x1.5+ 4x 7.45x2 = $ 491.7