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- 8. The year-end of Innsbruck Technology Ltd is 31 December 2018. The company has 100 employees. The gross salary bill for the year
- 8. The year-end of Innsbruck Technology Ltd is 31 December 2018. The company has 100 employees. The gross salary bill for the year ended 31 December 2018 was 6 million excluding contributions from the employer of 15% towards medical aid and post-employment benefits. On average 8 days of vocation leave days per employee will be carried over to the 2019 financial year. It is expected or probable that on average only 6.5 days vocation leave per employee will be taken in 2019. Vocation leave can only be accumulated for one year. Days that are forfeited will not be paid out in cash. - On average 1.5 days ad hoc compassion leave per employee will also be taken in 2019. After salary negotiations with the trade union, salaries will increase by 4.5% in 2019. There are 300 working days per year.
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