Your company just hired a Junior Financial analyst with a net salary of 18,000 Dh / month. The company agreed to offer a retirement scheme for the employee, where both the employer and employee contribute 6% of the gross salary to CIMR (Retirement scheme). Prepare a payslip indicating: 1. Gross Salary 2. CNSS (Social Security): both employee and employer shares 3. AMO (Mandatory insurance): both employee and employer shares 4. CIMR (Retirement scheme): both employee and employer shares 5. What is the total cost incurred by the company?
Your company just hired a Junior Financial analyst with a net salary of 18,000 Dh / month. The company agreed to offer a retirement scheme for the employee, where both the employer and employee contribute 6% of the gross salary to CIMR (Retirement scheme). Prepare a payslip indicating: 1. Gross Salary 2. CNSS (Social Security): both employee and employer shares 3. AMO (Mandatory insurance): both employee and employer shares 4. CIMR (Retirement scheme): both employee and employer shares 5. What is the total cost incurred by the company?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Your company just hired a Junior Financial analyst with a net
salary of 18,000 Dh / month.
The company agreed to offer a retirement scheme for the
employee, where both the employer and employee contribute 6%
of the gross salary to CIMR (Retirement scheme).
Prepare a payslip indicating:
1. Gross Salary
2. CNSS (Social Security): both employee and employer
shares
3. AMO (Mandatory insurance): both employee and employer
shares
4. CIMR (Retirement scheme): both employee and employer
shares
5. What is the total cost incurred by the company?
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