The following information is for an Manitoba employee, Jeanette Duhaney. She is employed as a cashier...

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The following information is for an Manitoba employee, Jeanette Duhaney. She is employed as a cashier and is paid on a bi-weekly basis. Jeanette was hired on January 1, 2018. During the two weeks ending January 25, 2020, she worked 80 hours at regular rate plus four hours of overtime at time-and-a-half. She is paid 6% vacation pay with each pay cycle based on her earnings, not including allowances. She is paid $10.00 each pay for a clothing allowance to compensate her for wear and cleaning of her clothes. Jeanette's birth date is January 15, 1988, and her SIN is 987-654-321. She has completed a TD1 and is claiming the basic exemption for both federal and provincial purposes. Her regular rate of pay is $16.00 per hour, and she pays $5.00 per pay in union dues. She has authorized the employer to deduct $7.50 per pay for the United Way. The employer provides group life insurance for each employee and the premium for Jeanette is $12.00 per pay, including taxes. Review the example regarding Jeanette Duhaney Present the entire pay cycle process (13 steps) assuming Jeanette lives in Winnipeg, receives 6% vacation pay and she is being paid for the two weeks ending this Friday. 1. Gather all information for the payroll processing: static information for employee pay-cycle-specific data 2. Calculate taxable benefit amounts needed for calculation of pensionable and taxable income. 3. Calculate gross earnings: • wages/salaries ● • taxable allowances • non-taxable allowances 4. Calculate pensionable earnings. 5. Calculate insurable earnings. SIN: 987-654-321 DOB: January 15, 1988 Bi-weekly pay Regular rate: $16.00/hr Overtime: 1.5 times Vacation: 4% with pay Federal Exemption 1 Provincial Exemption 1 Clothing Allow.: $10/pay Union dues: $5/pay United Way: $7.50/pay 80 hours regular 4 hours overtime $12.00 group life insurance Wages 80 x $16.00 = Overtimes 4 x $16.00 × 1.5 = Vacation pay ($1,280 + $96) x 4% = Clothing allowance N/A Total Gross earnings Less non-taxable allowance Less termination payments Plus taxable benefits Total Gross earnings Less non-taxable allowance Less termination payments Total $1,280.00 96.00 55.04 10.00 0.00 $1,441.04 $1,441.04 0.00 0.00 12.00 $1,453.04 $1,441.04 0.00 0.00 $1,441.04 The following information is for an Manitoba employee, Jeanette Duhaney. She is employed as a cashier and is paid on a bi-weekly basis. Jeanette was hired on January 1, 2018. During the two weeks ending January 25, 2020, she worked 80 hours at regular rate plus four hours of overtime at time-and-a-half. She is paid 6% vacation pay with each pay cycle based on her earnings, not including allowances. She is paid $10.00 each pay for a clothing allowance to compensate her for wear and cleaning of her clothes. Jeanette's birth date is January 15, 1988, and her SIN is 987-654-321. She has completed a TD1 and is claiming the basic exemption for both federal and provincial purposes. Her regular rate of pay is $16.00 per hour, and she pays $5.00 per pay in union dues. She has authorized the employer to deduct $7.50 per pay for the United Way. The employer provides group life insurance for each employee and the premium for Jeanette is $12.00 per pay, including taxes. Review the example regarding Jeanette Duhaney Present the entire pay cycle process (13 steps) assuming Jeanette lives in Winnipeg, receives 6% vacation pay and she is being paid for the two weeks ending this Friday. 1. Gather all information for the payroll processing: static information for employee pay-cycle-specific data 2. Calculate taxable benefit amounts needed for calculation of pensionable and taxable income. 3. Calculate gross earnings: • wages/salaries ● • taxable allowances • non-taxable allowances 4. Calculate pensionable earnings. 5. Calculate insurable earnings. SIN: 987-654-321 DOB: January 15, 1988 Bi-weekly pay Regular rate: $16.00/hr Overtime: 1.5 times Vacation: 4% with pay Federal Exemption 1 Provincial Exemption 1 Clothing Allow.: $10/pay Union dues: $5/pay United Way: $7.50/pay 80 hours regular 4 hours overtime $12.00 group life insurance Wages 80 x $16.00 = Overtimes 4 x $16.00 × 1.5 = Vacation pay ($1,280 + $96) x 4% = Clothing allowance N/A Total Gross earnings Less non-taxable allowance Less termination payments Plus taxable benefits Total Gross earnings Less non-taxable allowance Less termination payments Total $1,280.00 96.00 55.04 10.00 0.00 $1,441.04 $1,441.04 0.00 0.00 12.00 $1,453.04 $1,441.04 0.00 0.00 $1,441.04

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