Awaseb is a factory worker who earns N$30 per hour. His normal work week is 8 hours per day from Monday to Friday. He is paid time-and-a-half for normal overtime and double the normal rate for work on Sundays and Public Holidays. During the past week the following hours were recorded on his clock card; and there was no public day during the week Monday 8 hours Tuesday 9 hours Wednesday 8 hours Thursday 9 hours Friday 8 hours Saturday 3 hours Sunday 2 hours The following amounts were deducted from Awaseb's weekly wage: Income tax (PAVE) 25% of taxable income Social security 0.9% of basic wage payable by each of the employee and the employer, limited to an amount of N$20.25 per week. Medical aid fund 20% of basic wage payable on a 60:40 basis by employer and employee, respectively. Pension fund contribution 8% of basic wage by employee and 15% of basic wage by employer. Required: Calculate the net wage earned by Awaseb during the week.
Awaseb is a factory worker who earns N$30 per hour. His normal work week is 8 hours per day from Monday to Friday. He is paid time-and-a-half for normal overtime and double the normal rate for work on Sundays and Public Holidays. During the past week the following hours were recorded on his clock card; and there was no public day during the week
Monday | 8 hours |
Tuesday | 9 hours |
Wednesday | 8 hours |
Thursday | 9 hours |
Friday | 8 hours |
Saturday | 3 hours |
Sunday | 2 hours |
The following amounts were deducted from Awaseb's weekly wage:
Income tax (PAVE) 25% of taxable income
Social security 0.9% of basic wage payable by each of the employee and the employer, limited to an amount of N$20.25 per week.
Medical aid fund 20% of basic wage payable on a 60:40 basis by employer and employee, respectively.
Pension fund contribution 8% of basic wage by employee and 15% of basic wage by employer.
Required:
Calculate the net wage earned by Awaseb during the week.
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