Financial Literacy for Everyone
Welcome to the Workforce

Welcome to the workforce!
You've just landed a job. Congratulations! What now?
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Types of jobs and salaries

If you are still at school and over 16 you will only be able to have a part-time job. This means that you can only work afternoons, over weekends or during the school holidays.

Someone who works for eight hours, five days a week is doing a full-time job.

You can get paid daily, weekly or monthly. This is determined by the type of job you do or how you prefer to be paid. When you are a waiter, you usually receive, for example, a set amount per hour and you get to keep the tips you received. This means that, for eight hours of work, you earn eight times your hourly rate plus the tips you have received. You receive your money from the employer at the end of the working day. Some people prefer to get their money at the end of the week; others prefer to get their money at the end of the month. This helps them to save more, because they do not spend their money every day.

Depending on the job you do, some employers will also provide you with a payslip. It is a piece of paper that keeps record of what you have earned and what has been deducted from your earnings (salary). For example, your employer may pay your pension fund contribution directly into your pension fund. This amount will then be subtracted (deducted) from your salary.

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