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Earnings and Income

Unit Code: HD4E2CY019
Level: Entry Two
Credit Value: 1
Unit ID: BZY645
learndirect: HD4
Sector: 14.1
Last registration date: 31/07/2016

This unit is a member of one or more groups of related units.

Learning Outcomes

Assessment Criteria

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.

Assessment Methods:

Case study
Written question & answer/test/exam
Report
Role play/simulation
Group discussion

Further assessment guidance is available here.

Assessment Information:
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

Other Mappings:
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)

Assessor Requirements:
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.