The timesheet of employee Stevens shows that he worked 44 hours during a 40 hour work week. On the Monday and Sunday he worked 2 hours overtime respectively. The normal overtime remuneration (1½ x normal rate) is paid.his normal wage is N$6 per hour. Medical and pension fund contributions (6% and 10% of normal wages respectively) are paid on a 50:50 basis by employer and employee. PAYE (12% of taxable income) is the only other deduction being made. Assume that a year consists of 52 worksheet that Stevens gets 3 weeks holiday leave per year and the enterprise is closed for eight (8) public holidays during the year. Normal idle time is budgeted as 7 1/2%and a holiday bonus equal to 3 weeks wages is paid. Calculate the employee contribution to the nearest N$
The timesheet of employee Stevens shows that he worked 44 hours during a 40 hour work week. On the Monday and Sunday he worked 2 hours overtime respectively. The normal overtime remuneration (1½ x normal rate) is paid.his normal wage is N$6 per hour. Medical and pension fund contributions (6% and 10% of normal wages respectively) are paid on a 50:50 basis by employer and employee. PAYE (12% of taxable income) is the only other deduction being made. Assume that a year consists of 52 worksheet that Stevens gets 3 weeks holiday leave per year and the enterprise is closed for eight (8) public holidays during the year. Normal idle time is budgeted as 7 1/2%and a holiday bonus equal to 3 weeks wages is paid. Calculate the employee contribution to the nearest N$
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