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Grady Tripp is a telemarketer who is paid $0.63 for every telemarketing call he places. During the most recent week, Grady worked 43 hours
Grady Tripp is a telemarketer who is paid $0.63 for every telemarketing call he places. During the most recent week, Grady worked 43 hours and placed 1,596 calls. What is his gross pay for the week? (7 points) Regular earnings 1596 calls x $0.63 = $1005.48 Hourly rate $1005.48/43 = $23.38 x 40 = $935.20 Overtime rate $23.38 x 1.5 = $35.07 x 3 = $105.21 %3D Gross pay = $105.21 + $935.20 = $1040.41 Step 3: Regular hourly rate x additional overtime factor = additional overtime hourly rate Step 4: Additional overtime hourly rate x overtime hours worked = additional overtime Step 2: Regular earnings for all hours / total hours worked = regular hourly rate Step 5: Regular earnings for all hours + additional overtime earnings total earnings Piecework Overtime Calculation Step 1: Piece rate x units of output = regular earnings for all hours earnings %3! %3D The additional overtime foot
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