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QUESTION 4 ( 1 5 ) A manufacturer has employed a Supply Chain practitioner. His basic annual salary is R 7 8 0 0 0
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A manufacturer has employed a Supply Chain practitioner. His basic annual salary is R and he is entitled to an annual bonus of R The company operates a hour week and employees are entitled to four weeks' annual leave. There are public holidays annually. Idle time is equal to of available productive time. The company contributes and of the basic salary towards the pension fund and UIF, respectively. Assume that there are weeks in the year.
Calculate the following:
Annual productive hours. Show all your calculations.
Total annual labour cost. Show all your calculations.
Hourly recovery rate. Show all your calculations.
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