PERFORMANCE NO.
Objective: At the end of this chapter, the student should be able to;
Compute gross and net earnings.
Imagine you are an HR specialist tasked with calculating the gross and net earnings
of employees in a fictional company. You will be provided with the salary details of
three employees, along with their deductions. Your goal is to compute both gross
and net earnings for each employee.
Employee Information:
Employee A:
Salary: $50,000 per year
Deductions: 10% for taxes
Employee B:
Hourly Wage: $15.00
Hours Worked: 40 hours per week
Deductions: $50.00 for health insurance
Employee C:
Salary: $60,000 per year
Deductions: 15% for taxes, $100.00 for retirement contribution
Instructions:
Calculate the gross earnings for each employee based on the provided
information.
Calculate the net earnings for each employee after considering the
deductions.
Present your calculations clearly, showing each step of the process.
Provide a brief explanation of the difference between gross and net earnings.
CATEGORY WEIGHT 4 3 2 1
Accuracy of 10% All Most Several Many
Calculations calculations calculations are calculations calculations
are accurate, accurate, with contain are incorrect,
demonstrating minimal errors errors, leading to
a thorough that do not affecting the significant
understanding significantly accuracy of discrepancies
of gross and impact the gross and in gross and
net earnings. overall result. net net earnings.
earnings.
Clarity of 5% The The The The
Presentation calculations calculations are presentation presentation
are presented presented of lacks clarity,
in a clear and clearly, with calculations making it
organized minor is somewhat difficult to
manner, inconsistencies confusing, understand
making it easy in organization. making it the steps
to follow each challenging taken to
step. to follow the compute
process. gross and net
earnings.
Explanation of 5% A concise and A clear An The
Gross and Net accurate explanation of explanation explanation of
Earnings explanation of the difference of the the difference
the difference between gross difference between
between gross and net between gross and net
and net earnings is gross and earnings is
earnings is given. net earnings vague or
provided. is present confusing.
but lacks
clarity.
TOTAL 20%
