Question

4. A person who is hired as a Technical
Assistant at a software company starts at
a pay rate of $13 per hour. After 6 months
and a good employee review, the
Technical Assistant can earn a raise of
15%. What would be the new hourly pay
rate for a Technical Assistant who has
earned this raise?

Answer 1

To calculate the new hourly pay rate after a 15% raise, follow these steps:

1. **Determine the original pay rate**: $13 per hour
2. **Calculate the raise amount**:
\[
\text{Raise} = \text{Original Pay Rate} \times \text{Raise Percentage} = 13 \times 0.15 = 1.95
\]
3. **Calculate the new hourly pay rate**:
\[
\text{New Pay Rate} = \text{Original Pay Rate} + \text{Raise} = 13 + 1.95 = 14.95
\]

So, the new hourly pay rate for the Technical Assistant after the raise would be **$14.95**.