Unit Award Scheme

13273 PERSONAL FINANCE FOR WORK

In successfully completing this unit, the Learner will have

Evidence needed

demonstrated the ability to

1identify at least two different ways in which payment for work is made, eg weekly wages, salariesStudent completed work
2identify at least two different methods of payment for work, eg bank transfer (BACs), cashStudent completed work
3use given information to complete a record for one week's income and expenditure, including travelling to and from workStudent completed work
4identify on a given pay slip, at least three deductions including tax and national insuranceStudent completed work
5communicate at least one reason why each deduction is madeStudent completed work
6identify at least two advantages of contributing toward a pension.Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 10 March 2009Level - Entry Level