Bigger Builds Pty Ltd" is looking to hire 2 (two) additional managers to join their team in July 2022. Each manager will be paid $75,000 p.a. gross salary, which brings the total annual gross payroll for the company to $1,000,000. Each of the managers is entitled to 4weeks paid annual leave and 10 paid public holidays (2 weeks total) and the Work Cover insurance rate is at 1.95%.

Calculate (showing workings) the full cost to Bigger Builds Pty Ltd of the cost of hiring the 2 (two) new managers, given Information.