
Leave Loading and Annual Salary Calculations

Interactive Video
•
Mathematics
•
9th - 10th Grade
•
Hard

Mia Campbell
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many weeks of annual leave are typically allowed in Australia?
8 weeks
6 weeks
4 weeks
2 weeks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason employees might choose to bank their annual leave?
To increase their retirement benefits
To receive a higher salary
To take a longer vacation in the future
To avoid paying taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do employers encourage employees to take their leave?
To improve workplace morale
To reduce the company's financial liabilities
To increase employee productivity
To comply with government regulations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is leave loading?
A penalty for not taking leave
A bonus given at the end of the year
A reduction in salary during leave
An additional percentage paid during leave
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage is typically added as leave loading in Australia?
20%
17.5%
15%
10%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why was the 17.5% leave loading percentage chosen?
It is the average inflation rate
It matches the tax rate
It was a random choice
It was the result of historical negotiations
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the weekly pay calculated from an annual salary?
Multiply by 12
Multiply by 4
Divide by 52
Divide by 12
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