QUESTION THREE[17]

The basic annual salary of H. Cele is R96000. He is entitled to an annual bonus of R8000. His employer contributes R9280 per annum to his pension fund. He works for 40 hours per week (from Monday to Friday). He is entitled to 21 days paid vacation leave. There are 13 public holidays in the year (365), 10 of which fall on weekdays

Required:

3.1Calculate H. Cele's hourly recovery tariff per hour(12)

The following details apply To N. Ngcoya, an employee of DChem Brands for 2019 :

Basic monthly salary R12000

Monthly salary after deductions R8100

Annual bonus R10000

Medical aid funds per month R6100

Required:

3.2Calculate the total labour cost of DChem Brands relating to N. Ngcoya for 2019(5)