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1.1 REQUIRED Calculate the hourly recovery tariff for K. Ntuli from the information provided below. INFORMATION (4 marks) The annual basic salary of K.
1.1 REQUIRED Calculate the hourly recovery tariff for K. Ntuli from the information provided below. INFORMATION (4 marks) The annual basic salary of K. Ntuli is R324 000. She is entitled to an annual bonus of R27 540. Her employer contributes 7.5% of her basic salary to her pension fund. Her normal working week comprises 45 hours (9 hours per day from Monday to Friday). She is entitled to 28 consecutive days paid vacation leave. There are 13 public holidays in the year (365 days), 8 of which fall on weekdays.
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