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Earnings and Income
Unit Code: HD4E2CY019
Credit Value: 1
Unit ID: BZY645
Last registration date: 31/07/2016
This unit is a member of one or more groups of related units.
|The learner will
||The learner can
|1. ||Know personal sources of income. |
|1.1 ||List own current sources of income.|
|1.2 ||Give examples of possible sources of income.|
|2. ||Understand that payslips provide a record of income. |
|2.1 ||Distinguish income from deductions on a payslip.|
|2.2 ||Locate all individual income elements on a payslip and calculate the gross pay.|
|3. ||Understand how income can be increased.|
|3.1 ||List different ways that extra money can be earned (e.g., overtime).|
|3.2 ||Give an example of how money is made available for people on low incomes.|
- Case study
- Written question & answer/test/exam
- Role play/simulation
- Group discussion
Further assessment guidance is available here.
There is no specific assessment information to be used with this unit.
|Essential Skills Wales:
- CE2.2: Reading
- NE2.1: Understand numerical data
- NE3.1: Understand numerical data
Core Curriculum - Rw/E2.1-5, Ws/E2.1-4, Ww/E2.1-3, N1/E2.7, HD1/E2.1, HD1/E2.4, HD1/E2.5, MSS1/E2.1
Financial Capability - B(b)1, B(d)4, B(i)1)
There is no information regarding specific assessor requirements for this unit. Centres should select assessors who are trained in assessment, and who have subject specific competence to assess at this level.