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In this case study you will be required to calculate the gross to net pay for three employees. You will also be required to calculate

In this case study you will be required to calculate the gross to net pay for three employees. You will also be required to calculate other employer costs based on the information provided. This case study will demonstrate that you know how to use what you have learned in this course. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON M1H 4S3.

They employ 200 full time employees who work in sales, customer service and office support roles. They have had an annual remuneration of over $1,000,000 for the past several years therefore their EHT rate is 1.95%. Pay period #1 started December 22, 2019.

All are paid on a bi-weekly basis. The first pay day for these employees is Friday Jan 10, 2020. They have three staff in the Customer Service Department answering questions from clients and the general public.

A) Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per week. Her employer provides the following:

Health and Dental fully paid for by the employer at a monthly cost of $469.00

Group Term life insurance 2x her annual salary at a cost of $0.69 per month per $1000 of coverage paid for by the employer

AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage paid for by the employer

She has the following personal deductions from her pay:

$5.00 per pay donation to the United Way

Federal and Provincial income tax she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay

In this case study you will be required to calculate the gross to net pay for three employees.

Pay Period 3

Gross Pay

Gross taxable income

CPP contributions

EI premiums

Federal and Provincial taxes

Group term life insurance

AD & D

United Way

Net pay

Employer health tax

Pay Period 4

Gross Pay

Gross taxable income

CPP contributions

EI premiums

Federal and Provincial taxes

Group term life insurance

AD & D

United Way

Net pay

Employer health tax

B)

Neema has been with Majic for 3 years and answers calls specifically from clients.

She earns $18.25 per hour and works 35 hours per week. Her employer provides the following:

  • Health and Dental at a total cost of $469.00 per month, 50% is paid by the employer and 50% is paid for by Neema
  • Group Term life $50,000.00 at a cost of $0.45 per month per $1000 of coverage paid for by the employer
  • She does not receive AD&D

She has the following deductions:

  • Federal and Provincial taxes she is claiming basic tax (Claim code 1) plus an additional $5.00 per pay

Calculate the following for Neema:

Pay Period 3

Gross Pay

Gross taxable income

CPP contributions

EI premiums

Federal and Provincial taxes

Health and Dental Cost

Group term life insurance

Net pay

Employer health tax

Pay Period 4

Gross Pay

Gross taxable income

CPP contributions

EI premiums

Federal and Provincial taxes

Health and Dental Cost

Group term life insurance

Net pay

Employer health tax

C)

Roger started with Majic this year. His first day was January 6, 2020. He was hired on a temporary basis to cover an employee who was off on maternity leave. He earns $16.50 per hour. He is covered under the Employment Standards Act of Ontario. He works 7 hours per day 5 days per week and receives 4% vacation pay on each pay cheque. He does not receive any benefits. He has not taken any days off.

He has the following deductions:

  • Federal and Provincial taxes he is claiming basic tax (Claim code 1)

He has found a full time job and his last day to work will be June 26, 2020

Pay Period 3

Gross Pay

Gross taxable income

CPP contributions

EI premiums

Federal and Provincial taxes

Net pay

Employer health tax

Pay Period 4

Gross Pay

Gross taxable income

CPP contributions

EI premiums

Federal and Provincial taxes

Net pay

Employer health tax

I have provided all the information for this question now. i hope i will get the answer.

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