- Learn the advantages and disadvantages of different types of payment
- Calculate weekly gross wages for the different types of payment
- Whiteboard or chart paper and markers
- Types of Payment Worksheet
- Calculating Gross and Weekly Wages Worksheet
- Job-searching websites, such as Monster or CareerBuilder, or the job listings section from various newspapers
- Access to computers, if using job-searching websites instead of newspapers
- Divide students into groups of two or three.
- Make copies of the two reproducibles. Each group needs a copy of the Types of Payment Worksheet, and each student needs a copy of the Calculating Gross and Weekly Wages Worksheet.
- Secure time in the computer lab, if necessary, or access to one computer per group.
Step 1: Tell students that today, they will learn how different jobs offer various methods of payment. Ask the class if they have worked (babysitting, shoveling snow, cutting grass, or a type of part-time job), how have they been paid?
Step 2: Now explain what each of the following payments mean: a salaried job, an hourly wage, straight commission, a salary plus commission, an hourly wage plus commission, or piece work (these are listed on the Types of Payment Worksheet). Explain that most part-time jobs, ones that students would likely have, pay an hourly wage.
Step 3: On the whiteboard or chart paper, list the different types of payment. Underneath each type, calculate a sample gross weekly wage.
Step 4: Now divide the class into your pre-selected groups and hand each group a copy of the Types of Payment Worksheet. Ask them to use the job-search websites you've pulled up on the computers to complete the worksheet. (If you are using newspapers instead, distribute the job listings sections to the groups.) Tell the groups they will need to find examples of jobs for each type of payment, then they will brainstorm advantages and disadvantages for each.
Step 5: Give the groups time to complete the worksheet and offer help as needed. If students are using Monster or CareerBuilder, suggest that they search for jobs in their area by inputting their zip code into the location field on the homepage.
Step 6: When they are done with the Types of Payment Worksheet, hand each student a Calculating Gross and Weekly Wages Worksheet. Ask them to each complete the worksheet separately and then compare answers with their group members. Have each group submit one copy to represent the group.
Supporting All Learners
Assist students with math calculations as needed.
Help students organize and conduct an informal survey (interview 10–12 people) on the most common ways people get paid. Graph the results as a class.
Have students calculate monthly earnings for a family member or a famous person, such as a sports star. They should determine how the person gets paid and then calculate the person's monthly earnings using the appropriate process they learned in class.
Complete the lesson worksheets.
Students should demonstrate they understand the advantages and disadvantages of the different types of payments studied. Teachers can determine this comprehension based on:
- Observation of students' work in groups
- Review of students' completed worksheets
- Grading the group work product