Job 2: J&R Financial Group. A part-time position as a personal Assistant Manager was offered to Sharon by J&R Financial. This position requires a work week schedule of 6 hours per day, 5 days a week, pays an hourly rate of $20.50, and includes 2 weeks paid vacation. Sharon determined that the round trip commute to work is only 5 miles, and therefore will not increase her work day significantly. Since the workdays are shorter, after-school daycare for her child in second grade will be reduced to $25 per week, and daycare for her preschool child will decrease to $150 a week. Sharon estimates that the reduced work schedule will also decrease her extra expenses to $25 per week and payroll deductions to 12% of her gross salary, but it will not affect her clothing expenses.1. Donivan Tech

Gross earnings per week: ___________

Hourly wage for a 45-hour work week: __________

2. J&R Financial Group

Gross earnings per week: _________

Yearly gross earnings: _________

3. Based on Sharon’s gross income, _________

pays higher hourly rate. The higher rate is

_________ per hour higher.

4. (a) Calculate yearly job-related expenses for position at Donivan tech. Be sure to include payroll deductions.

(b) Job-related expenses would account for what percentage of Sharon’s gross yearly earnings?

5. (a) Calculate the yearly job-related expenses for the position at J&R Financial Group. Be sure to include payroll deductions.

(b) Job-related expenses would account for what percentage of Sharon’s gross yearly earnings?

6. For each of the positions, what is Sharon’s net employment income per year? Per week? Per Hour?

(a) Donivan Tech

(b) J&R Financial Group

7. Which job do you think Sharon should take? Why?

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