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Background You are the HR Manager of a home improvement and repairs company in Waterl Handy Howie's ( HH ). Recently HH completed a hiring

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Background You are the HR Manager of a home improvement and repairs company in Waterl Handy Howie's ( HH ). Recently HH completed a hiring campaign and created a ne 'Special Projects' The headcount of this department is five. It is led by the Directo and includes three analysts and an administrative assistant. Compensation detail this department areas follows: Shahid Singh, Director: - Base Salary: \$195,000 - CPP annual maximum pensionable earnings reached on May 31 - El annual maximum pensionable earnings reached on May 31 Mariya Lopez, Analyst: - Base Salary: $85,000 - CPP and EI annual maximum pensionable earnings not yet reached. Gracyn Stiller, Analyst: - Base Salary: $88,000 - CPP annual maximum pensionable earnings reached on August 31 - El annual maximum pensionable earnings reached on August 31 Jun Wang, Analyst: - Base Salary: $80,000 - CPP and EI annual maximum pensionable earnings not yet reached. Jerry Hopper, Administrative Assistant: - Base Salary: $51,000 - CPP and El annual maximum pensionable earnings not yet reached. Employees are paid on the 16 th and the last day of the month (28,29,30,31) as t pay is calculated based on the most recent semi-monthly period, E.g., for the ser September 1-15, employees will be paid on September 16. Today is September 13. You will be running the first payroll for this department in two days. Prior to that, you would like to perform certain payroll and fringe benefit related calculations to use for crosschecking when the main payroll is run. Towards that end, perform the following calculations: Required: All the calculations below pertain to the pay period of September 1-15. Round all calculations tothe nearest dollar. Show all your calculations and do not compare with online calculators. You will receive partial marks to the extent they have been calculated correctly. One: (25 marks) Calculate gross pay, Federal Taxes and Provincial (Ontario) taxes that would be deducted from the gross pay of each employee for the semi-monthly period of September 1-15. Use information prolided in Appendix one. Two: (35 marks) Calculate the amount of CPP and EI that would be deducted from the gross pay of each employee for the bi-monthly period of September 1-15. Use information provided in Appendix two and three. Calculate the employers' contribution of CPP and El which STI has to pay for each employee. Use information provided in Appendix two and three. Three: (10 marks) Based on your calculations in required one and two above, calculate the net pay for each employee for the pay period September 1-15. Use information provided in Appendix three. Four: (10 marks) Calculate the total payroll cost for the Corporate Services department for the pay period: September 115. Use relevant data from calculations performed earlier in required one - three. Five: (20 marks) In Appendix four you are provided with a list of ten fringe benefit items. If you were an employee in this company which five fringe benefits would be most important for you? Select them and calculate their cost for this pay period. The expenses will be paid for by the company. Alongside each benefit selected, indicate the reason as to why the choice was made. Shahid

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