Question
Calculate the gross wages for the employees of Bakers Emporium. The normal hours for each employee is 38 per week. Employees paid an hourly rate
Calculate the gross wages for the employees of Bakers Emporium.The normal hours for each employee is 38 per week. Employees paid an hourly rate are entitled to time and a half overtime for the first 3 hours of overtime per week, thereafter they are paid double time. In this example, all Meal Allowances are taxable.
Penny Lane worked 38 hours plus 7 hours of overtime. Her hourly rate is $19.80 and she is entitled to 2 meal allowances of $12.50 each.
Bill Marley worked normal hours plus 2 hours of overtime. His hourly rate is $22.30 and he is entitled to 1 meal allowance of $12.50
Donna Parton is on a salary package of $79000 per annum. She worked 40 hours this week.
Casey Sunshine is paid 2 weeks of annual leave in advance as well as his weekly wage. He worked 42 hours this week and his award rate is $21.30 per hour. Sunshine is entitled to 1 meal allowance of $12.50 each. He is also entitled to holiday leave loading of 17.5%.
REQUIRED: Record all of your calculations of the gross wage for each employee in the table below:
Note 1:If an employee is given a fixed package of salary, he/she will not be entitled to overtime payment.
Note 2:Inclusion of Annual Leave pay in the Normal Time column (instead of Annual Leave column) is acceptable but not the preferred solution.
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