Question
Mathew has worked for Colta Gas in Alberta. His employment is terminated on April 13th of the current year. The following amounts are to be
Mathew has worked for Colta Gas in Alberta. His employment is terminated on April 13th of the current year.
The following amounts are to be included in Mathew's final pay:
Regular bi-weekly salary $ 2,500.
Group term life insurance non-cash taxable benefit $ 13.50,
Vacation pay $ 3,200.
He also got wages in lieu of notice 8 weeks.
Mathew has federal and provincial claim codes of 2.
The regular salary, vacation pay and wages in lieu of notice will be paid together.
Mathew will not reach the annual maximums for CPP contributions or EI premiums with these payments.
Calculate the net pay that will be paid to Mathew upon termination.
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Industrial Relations in Canada
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