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An employer in Ontario has 4 employees (A,B,C,D)paid $40000 annually. A is paid monthly B is paid semi monthly, C is paid bi weekly
An employer in Ontario has 4 employees (A,B,C,D)paid $40000 annually. A is paid monthly B is paid semi monthly, C is paid bi weekly and d is paid weekly. (IGNORE BASE PERSONAL AMOUNT)) Union dues paid by each worker is $50 per month Employer pays $100 per month for each employee as life insurance premium. All workers works 4 hours overtime in a week. . Calculate hourly wage rate? AND NET EARNINGS OF ABCD? What are the standard hours per week in Ontario 40 Yearly standard hours 52 x 40=2080 Yearly payment 40000 Per hour 40000/2080=19.23 A's overtime pay for his pay period 52x4 X19.23x1.5/12 499.98 B's overtime pay for his pay period 52x4 X19.23x1.5/24-213.01 C's overtime pay for his pay period 52x4x19.23x1.5/26=230.76 D's overtime pay for his pay penod 52x4 x19.23x1.5/52 115.38 UNIOUN DUES 50 PER MONTH YEARLY 50 X 12=600 A = 50 X 12/12 5=50x12/24= C = 600/26 D = 600/52=
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