Mike is earning $21 per hour. He worked for 40 hours this week. Calculate Employee and Employer
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Question:
Mike is earning $21 per hour. He worked for 40 hours this week.
Calculate Employee and Employer CPP and EI CPP rate 4.95%
and $3,500 per year exemption ( weekly exemption will be 3500/12)
EI 1.88%
1. Calculate the employee portion of CPP and EI
2. Calculate employer expenses
Expert Answer:
Answer To calculate the employee portion of CPP Canada Pension Plan and EI Employment Insurance for ... View the full answer
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