Question
John Brown an insurance executive receives basic wages of $40000 per week and earned commission of 25% of every months wage for the last year
John Brown an insurance executive receives basic wages of $40000 per week and earned commission of 25% of every months wage for the last year . The year before the last he receives $32000 per month and the year before that he received $24000 per month .Mr John Brown receives only four years of his vacation pay entitlements and he is working at the company for the last 23 years and eight months . Mr Brown was also sick two months ago , he submitted a doctor certificate for 7 day with a total of 5 working days but have not received pay for the sick leave . Mr. Brown wife had baby three months age in which he requested a two week leave away from work to bond with his new born child but his employer turned down the request. Mr Brown also receives an approved pension of $5500 monthly for the past 8 years and 8 months. Mr. Brown and his company decided to use the redundancy formula to compute his wage package. Calculate Mr Brown net entitlements showing all tax contribution for himself and his employer.
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