The pay date actually gets pushed up to 9/14/12 since 9/15/13 falls on a Saturday. Since this is a semi-monthly payroll consisting of 86.67 hours per period. Assuming that all the employee’s paperwork was complete on the first day of employment 9/7/13 such that it met the input cutoff, then this employee would be paid for 6 days, which is a total of 52 hours. (86.67*60%). 2.
It’s made up of: Ordinary Maternity Leave - first 26 weeks Additional Maternity Leave - last 26 weeks Employees don’t have to take 52 weeks but you must take 2 weeks’ leave after your baby is born (or 4 weeks if you work in a factory). Statutory Maternity Pay (SMP) is paid for up to 39 weeks. You get: * 90% of your average weekly earnings (before tax) for the first 6 weeks * £139.58 or 90% of your average weekly earnings (whichever is lower) for the next 33 weeks Statutory Paternity Leave and Pay – Employees who meet the criteria are claim * 1 or 2 weeks paid Paternity Leave * up to 26 weeks’ paid Additional
She will make annual payments on the loan at the end of each year. How much are each of Elizabeth’s payments? Part A: Table 6-4 Part B: 11% Part C: 6N Part D: 20000 = R(4.23054) 4.23054 4.23054 R = 4727.53 Problem 4: Derek Lee just received a signing bonus of $1,000,000. His plan is to invest this payment in a fund that will earn 6% compounded annually. If Lee plans to establish the DL Foundation once the fund grows to $1,898,000, how many years until he can establish the foundation?
Summary An analysis was done for the payroll data of Ten Burger Dome employees. The payroll data reflected the name of each employee, the number of hours worked each month, and the hourly wage for each month from the year that just passed. The month with the most hours worked was February. In the month of February the total hours worked was 1,352, making the average approximately 135 per employee. In that month the employee that worked the most hours was Ruthe Wasilewski, she worked a total of 156 hours.
Situation A The Family and Medical Leave Act was created in 1993 to allow qualifying employees to take an unpaid leave of absence for up to 12 weeks from their jobs for certain medical or family reasons. Those reasons are: the birth and care of a newborn child, adoption or foster care, to care for a spouse, child, or parent with a serious health condition, if the employee is unable to work due to a serious medical condition. For an employee to be eligible they must have worked more than 1250 hours in the 12 months of employment with the company and the company must employ 50 or more employees within 75 miles. A change to the Act in 2009 also allows military family leave as well. Company X has 75 employees which meets the 50 minimum employee statutes.
Home-based day care: y = 20x Center-based day care: y = 400 + 10x In these scenarios y represents the total cost of the day care. X represents the number of hours of day care needed. The equation for the home-based day care is multiplying the twenty dollars an hour by the amount of hours which will represent the total cost for any given amount of hours. The second equation for the center-based day care adds the set fee of four hundred dollars plus an additional ten dollars an hour. 3.)
If Casper decided to take out a loan that charges 20% APR over one year for the amount of £2000 over 12 months he would expect to pay £183 per month for 12 months with interest of £205. (candid money calculator accessed 28/7/11) If Casper makes the decision to use his credit card and he borrowed £2000 over 2 years at 15% APR his total monthly payments would be £96.08 per month, the interest would calculate to £306 this would be a total repayment of £2306 over 2 years. (candid money calculator accessed 28/7/11) Comparing the ‘loan’ to the credit card loan, Casper would pay his debt back quicker but at nearly double the price of the credit card loan, the advantage the credit card loan has, his monthly installments will be half of what the ‘loan’ but at 2 years rather than 1 year. Question 2 In question 2 of this essay I shall attempt to answer questions on expenditure and budgeting, giving a brief example from the study of the personal finance course book DB123 and the transcript of the dvd accessed on the Open University website.
And the steel deliveries are in a three-day window. Moreover, Kenco implements the cycle counting where 100 items making up 80% of the sales volume are counted every four weeks. What is left in inventory in 12 months is discounted to sell or scrapped. 5) Describe Kenco’s CI system and compare this process change using traditional budgeting Kenco CI system is following four steps: _ Activities for improvement must be selected _ Root causes for the activities performance as it exists must be determined _Modifications must be discovered and implemented _The impact of the change must be assessed. Traditional budgeting always plans and setting a budget for revenues and expenses, and it only focuses on short-term but not planning on long-term vision.
Understanding Employment Responsibilities and Rights in Health and Social Care settings. Question 1 - Describe the terms and conditions of your own contract Pay & Hours - My contract of employment states that I have been contracted to work 35 hours a week as an hourly paid employee. This means I am to be paid by each hour I do, rather than a weekly or monthly salary. My pay will be made up of my basic hourly rate plus any allowances and overtime I might have occurred through the month. My contract states I will be paid 1 month in arrears on the 15th of each month or just before if the 15th is on a weekend.
UI pays you a weekly benefit for a limited number of weeks while you look for new work. Calculation of your benefit is based on earned wages from your present and/or past employers dating back as far as 18 months from the date of your termination. Health Insurance- The primary health insurance for Elisda employees is provided by the State Group Health Insurance Program. This program covers all office employees as well as construction technicians, and employees-in-training. It consists of ("HMO").