Money skills lesson two: Money and work

This is lesson two of four focusing on Money Skills for young people aged 14-16.

This lesson is designed to introduce students to the key information around pay and payslips. By the end of activity students will be able to:

• Identify the main features of a payslip, and be able to explain some key terms
• Calculate gross and net pay accounting for a range of deductions
• Identify employee benefits beyond salary

To ensure that the lesson plan and student-facing interactive PDF work together smoothly, please make sure you download and save both documents into the same folder on your computer.

Why not demonstrate to your students where money comes from when we stop working by watching this BBC Teach film where Steph McGovern takes a look at pensions.

If you want to increase your own confidence to teach young people about money, Young Money provide free e-learning training to teachers across Primary and Secondary education.  In addition, National Numeracy has a free website which helps you practise and refresh your everyday maths skills.