You have been offered a new position as process analyst at BIP Inc. (PTY). Design salary/pay slip with your company logo, indicating your Gross and Net earnings as well as company contributions. The following are given. 1. Annual remuneration = R324 642 2. Normal working hours = 8.5 hours 3. Normal working week = Monday - Friday 4. Weekday overtime = 1,2 times normal rate 5. Saturday = 1,5 times normal rate 6. Monthly company benefits are as follows: a. Cell phone allowance: R320 b. Housing allowance: R1 200 c. Convenience allowance: R1 800 d. Funeral cover: R58 7. BIP Inc. (PTY) contributes 67% for your pension fund and 95% on medical aid 8. PAYE is 15 % of taxable income 9. Employer and employee both contribute 1,7% of basic wage on UIF 10. Employer contributes 2% of basic wage in skills levy while employer pays R22 11. The recorded time for a 4-week repetitive cycle, on clocking system are as follows: Day/date Time 9.5 8.5 Mon Tues Wed Thurs Friday Sat Sun 8 10 8.5 3 Closed