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These flashcards cover the example calculation of holiday loading and pay as discussed in the lecture.
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What is the annual holiday loading percentage in the example?
17%.5
How much does Emilie earn per fortnight?
$970.80.
What is Emilie's 4-week holiday pay?
$1941.60.
How is the holiday loading calculated in the example?
It is calculated as 17.5% of the normal 4 weeks pay.
What is the amount of holiday loading Emilie receives?
$339.78.
What is Emilie's total holiday pay including loading?
$2281.38.