You have been offered a new position as process analyst at BIP Inc. (PTY). Design salary/pay...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You have been offered a new position as process analyst at BIP Inc. (PTY). Design salary/pay slip with your company logo, indicating your Gross and Net earnings as well as company contributions. The following are given. 1. Annual remuneration = R324 642 2. Normal working hours = 8.5 hours 3. Normal working week = Monday - Friday 4. Weekday overtime = 1,2 times normal rate 5. Saturday = 1,5 times normal rate 6. Monthly company benefits are as follows: a. Cell phone allowance: R320 b. Housing allowance: R1 200 c. Convenience allowance: R1 800 d. Funeral cover: R58 7. BIP Inc. (PTY) contributes 67% for your pension fund and 95% on medical aid 8. PAYE is 15 % of taxable income 9. Employer and employee both contribute 1,7% of basic wage on UIF 10. Employer contributes 2% of basic wage in skills levy while employer pays R22 11. The recorded time for a 4-week repetitive cycle, on clocking system are as follows: Day/date Time 9.5 8.5 Mon Tues Wed Thurs Friday Sat Sun 8 10 8.5 3 Closed You have been offered a new position as process analyst at BIP Inc. (PTY). Design salary/pay slip with your company logo, indicating your Gross and Net earnings as well as company contributions. The following are given. 1. Annual remuneration = R324 642 2. Normal working hours = 8.5 hours 3. Normal working week = Monday - Friday 4. Weekday overtime = 1,2 times normal rate 5. Saturday = 1,5 times normal rate 6. Monthly company benefits are as follows: a. Cell phone allowance: R320 b. Housing allowance: R1 200 c. Convenience allowance: R1 800 d. Funeral cover: R58 7. BIP Inc. (PTY) contributes 67% for your pension fund and 95% on medical aid 8. PAYE is 15 % of taxable income 9. Employer and employee both contribute 1,7% of basic wage on UIF 10. Employer contributes 2% of basic wage in skills levy while employer pays R22 11. The recorded time for a 4-week repetitive cycle, on clocking system are as follows: Day/date Time 9.5 8.5 Mon Tues Wed Thurs Friday Sat Sun 8 10 8.5 3 Closed
Expert Answer:
Answer rating: 100% (QA)
BIP Inc PTY SalaryPay Slip Employee Information Employee Name Your Name Employee ID Employee ID Posi... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
Students also viewed these finance questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
1. For some language L, the following declares a two-dimensional array of integers. The subscripts of the array are integers int a [M, N] and start at 1. a. Devise a formula for computing the address...
-
For each transformation below, a C-C bond forming strategy is required to complete the synthesis. (a) Identify the C-C formation strategy that will be effective from the list below and write it on...
-
Chandler Ltd. estimates sales for the second quarter of 2012 will be as follows. Month Units April ...... 2,550 May ..... 2,475 June ..... 2,390 The target ending inventory of finished products is as...
-
Besides translating a point, it is also important in computer graphics to be able to rotate a point. This is achieved by multiplying a points column matrix by an appropriate rotation matrix R to form...
-
A snow-cone machine at an icecream shop costs \(\$ 15,000\). The machine is expected to generate profits of \(\$ 2,500\) each year of its 10-year useful life. At the end of the 10 years, the machine...
-
Tax Agency Fund. The county collector of Lincoln County is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. To reimburse the county...
-
Solve for the unknown sinusoid in the following equation: cos(1.5-5/4)+ A cos(cof+) = 2 cos(1.5(f+5))+3 cos(1.5(-6)) Express your answer in the form x(t) = A cos(at +) by finding the numerical values...
-
According to a Bureau of Labor Statistics release of March 25, 2015, statisticians earn an average of $84,010 a year. Suppose that the current annual earnings of all statisticians have the mean and...
-
State at least three reasons why Descartes thinks that the senses cannot provide certain (absolutely true) knowledge. Then compare Descartes's attitude toward the senses with Plato's.
-
Why Continuous learning and improvement is important to the companies? Explain.
-
What are the pros and cons of having conflict as a natural part of human interaction. Explain.
-
What can organizations do within legal and ethical bounds to learn from other organizations?
-
Explain the concept of remote workers. Explain the challenges of managing remote teams . Reference on each challenge, and text citation please
-
Identify the steps in settling an industrial dispute and explain.
-
Which of the following is not a source document? Select one: O O O A. Bank check B. Invoice sent to customer C. Account in general ledger D. Lease contract Previous Save Answers
-
Evaluate the function at the given value(s) of the independent variable. Simplify the results. (x) = cos 2x (a) (0) (b) (- /4) (c) (/3) (d) ()
-
Exhibit 8.26 presents the separate financial statements at December 31, 2018, of Prestige Resorts and its 80%-owned subsidiary Booking, Inc. Two years earlier on January 1, 2017, Prestige acquired...
-
Effective financial statement analysis requires an understanding of a firms economic characteristics. The relations between various financial statement items provide evidence of many of these...
-
Conceptually, why should an analyst expect valuation based on dividends, valuation based on the free cash flows for common equity shareholders, and valuation based on the residual income approach to...
-
Let \(X_{1}, \ldots, X_{n}\) be a set of independent and identically distributed random variables from a distribution \(F\) with variance \(\mu_{2}\) where \(E\left(\left|X_{1}ight|^{4}ight) a. Prove...
-
Consider a sequence of independent random variables \(\left\{X_{n}ight\}_{n=1}^{\infty}\) where \(X_{n}\) has probability distribution function \[f_{n}(x)= \begin{cases}2^{-(n+1)} &...
-
Let \(X_{1}, \ldots, X_{n}\) be a set of independent and identically distributed random variables from a shifted exponential density of the form \[f(x)= \begin{cases}\exp [-(x-\theta)] & \text { for...
Study smarter with the SolutionInn App