PROBLEM SOLVING INVOLVING SALARY, WAGE AND COMMISSION

WOW MATH www.youtube.com

Brief Summary

In this video lesson, the focus is on solving a problem related to salary, wage, and commission for a nurse working in a private hospital. The key points include calculating her monthly and daily salary, overtime pay, night shift compensation, and her total gross pay for the week considering all adjustments.

  • The nurse has an annual salary of Php 422,400.
  • She has a monthly salary of Php 35,200 and a daily rate of Php 1,600.
  • Overtime pay for 3 hours is Php 750, and for 4 hours of night shift work, the total amount is Php 1,120.
  • Her total gross pay for the week is Php 9,870.

Problem Overview and Initial Information

The video begins by introducing the problem concerning the salary of a nurse in a private hospital, indicating her annual salary of Php 422,400. She works 22 days a month and 8 hours a day, with specific overtime hours mentioned. The narrator sets the objective to calculate her total gross pay for the week, including overtime and night shift pay.

Calculating Monthly and Daily Salary

The monthly salary is computed by dividing the annual salary of Php 422,400 by 12, resulting in a monthly salary of Php 35,200. To find her daily rate, the monthly salary is divided by 22 working days, which gives a daily rate of Php 1,600. This section emphasizes the calculation of basic wages based on the provided salary details.

Determining Hourly Rate

The narrator continues to calculate her hourly wage by dividing the daily rate of Php 1,600 by 8 working hours, yielding an hourly rate of Php 200. This establishes the baseline for calculating overtime pay.

Calculating Overtime Pay

For the 3 hours of overtime, it’s noted that based on labor regulations in the Philippines, she receives an additional 25% on her hourly rate. The calculation provides her overtime pay as Php 250 per hour (1.25 times the hourly rate), leading to a total overtime pay of Php 750 for the 3 hours worked.

Calculating Night Shift Pay

The narrator addresses her night shift pay on her rest day. The calculation includes a night differential, increasing her hourly rate to Php 260 for night shifts, with an additional 10% added for working on a rest day. The total night shift compensation for 4 hours is calculated as Php 1,120 (Php 280 per hour).

Calculating Total Gross Pay for the Week

In the final chapter, the total gross pay for the week is calculated. Her regular weekly pay is computed based on 40 hours of work at the daily rate, totaling Php 8,000. This amount is supplemented with her overtime pay of Php 750 and her night shift pay of Php 1,120. Therefore, the nurse's total gross pay for the week amounts to Php 9,870.

Overall, the video offers a detailed breakdown of how to approach salary calculations for various work scenarios involving regular hours, overtime, and special conditions like night shifts and rest days.

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Transcript

Full transcript of “PROBLEM SOLVING INVOLVING SALARY, WAGE AND COMMISSION”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.

0:00 Hello mga kawat. In this video lesson, we will answer one of the problem regarding problem solving involving salary, wage and commission. So problem number one, a nurse in a private hospital has an annual salary of 422,400. She works 22 days each month, 8 hours per day. This week she worked 3 hours of regular overtime of regular overtime on Tuesday and 4 hours of night shift work between 10 p.m. 2 a.m. on Sunday which is her rest day. What is her total gross pay for the week including this adjustment?

0:46 So first we will Okay, we're going to answer the following questions. Letter A. What is her monthly salary and daily rate? B. What is her early rate? C. How much will she earn for 3 hours of overtime? D. How much will she earns for 4 hours of night shift? Work on her rest day. Letter E. what is her total gross pay for the week including this adjustment. So we will answer that. Gagamitin natin 'yung mga given na given information later to answer. So ang annual salary natin ay 422,400. Ibig sabihin niyan yung buong ah sweldo

1:31 niya sa loob ng isang taon. Tapos sa isang buwan 22 days siya pumapasok sa trabaho. Working hours per day 8 hours and overtime hours 3 hours. Night shift hours 4 hours. So today so gamit yung mga given na yan, we will answer one by one. Una the monthly salary and daily rate. Since given naman iyung annual salary natin na 422,400 to compute the monthly monthly salary, annual salary divided by 12. Okay? Kasi ibig sabihin sa loob ng isang taon merong 12 months. Tama? So 422,400/ 12. So yung monthly salary niya ay

2:18 Php35,200. Next is the daily rate. So paano natin co-computin yung daily rate? So yung monthly niya ay 35,200 pero yung working days per month niya ay 22. So idi-divide natin yung monthly salary niya sa 22 days and that is Php1,600. So ibig sabihin ang bayad niya sa isang araw ay Php1,600. Sobrang laki na ano? Php1,600. Next. Okay. So since nalaman na natin kung magkano yung daily rate, madali na sa atin how to compute the early rate. So dito sa Pilipinas, ang standard time

3:04 natin ng pagtatrabaho ay 8 hours. So mula dun sa daily rate, idi-divide lang natin sa 8 hours. 1,600 / 8 and that is Php200. So ibig sabihin class yung per hour niya okay ay Php200. Next. So overtime pay. Ilang oras siya nag-overtime? Tatlong oras. So according sa rule ng dole. So madadagdagan siya ng additional 25% doun sa regular rate niya. So 125% of early rate. So 200 kasi 200 yung per hour niya. 1.25

3:51 is equ to 2. Ang 1.25 ito yung 125% ha. So kinonvert lang natin sa decimal. 1.25 is equ to Php250 per hour. So since ilan yung overtime niya? Ilang oras? Tatlong oras. So PH50 * 3 Php750. So ibig sabihin meron siyang overtime pay at Php750. Next letter D. So meron siyang night shift plus rest day. So ' ba sa rest day yung computation dito imu-multiply yung daily rate niya times 1.3 or ang night shift naman may additional siyang 10%

4:40 no dun sa regular R h R. So yung rest day rate niya is 200 no ang per hour niya times 1.30. Okay. So 200 1.30 and that is Php260. So bibilangin kung ilang oras yung pinasok niyan that day no? Night differential is equ to 200 0.10 is equ Php20. So per hour. So ito yung madadagdag dun sa per hour niya na 200. So sa night differential. So kumbaga Php220 'yung bil bayad sa kanya. Dun sa night differential niya. Sa rest day naman, ito naman 'yung magiging bayad doon sa

5:28 oras na nagtrabaho siya eh rest day ngayon. So pwedeng pagsasamahin natin yan 260 + 20 that's 280. So ibig sabihin ito yung total rate per hour. Or pwede rin naman class ang gagawin niyo 'di ba 1.30 'yun. Idag niyo 'yung 10. So 1.40 tama so pwede diretso na 200 1.40 40 is equ to 280. Parehas lang din sila. So ito yung night ah night shift rate plus rest day. So Php280 times ilang oras yun? Apat na oras. So 280 4. So yung night shift differential

6:14 niya ay kasama yung rest day niya ay 1,120. So ang dami niyang kinita no kasi may overtime na may night ship at rest day pa. So last question what is her total gross pay at pay for the week including this adjustment? So add lang natin. So ang regular muna niya computin natin yung regular weekly pay niya. So 40 hours. Tama ba? Okay. So ah since isang ano naman to no ah limang araw sa isang linggo. So yung 1,600 saan galing yung 1,600 na yan? Okay? From the daily rate. So yung daily rate natin is 1,600.

7:00 So isang linggo may limang araw siyang pasok. So that will be 1,600 * 5. So 8,000. So ito yung basic parang regular base weekly salary niya yung Php8,000. So idadagdag mo pa diyan yung overtime pay niya. Okay? 8,000 plus yung overtime pay niya na 750 plus yung night ship plus rest day na 1,10. So sa buong linggo ito yung kikitain yan 9,870

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