Gwen Koen's Salary Scale: Calculate Gwen's monthly salary in her first year, her annual salary in her third year, and her monthly increase in her sixth year.

Hey 🥹❤️‍🔥M💞🥹Miseketeri, good to see you again. Here are the solutions to the questions: Gwen Koen's Salary Scale 1. Calculate Gwen's monthly salary in her first year of employment. Step 1: Identify the annual salary for the first year. Gwen's starting annual salary is R156,000. Step 2: Calculate the monthly salary. Monthly Salary = Annual Salary12 = (R156,000)/(12) = R13,000 Gwen's monthly salary in her first year is R13,000. 2. What will her annual salary be in her third year of employment? Step 1: Calculate the annual salary for each year. Year 1: R156,000 Year 2: R156,000 + R16,500 = R172,500 Year 3: R172,500 + R16,500 = R189,000 The increment of R16,500 applies as her salary is still below R205,500. Her annual salary in her third year will be R189,000. 3. What will her monthly increase be in her sixth year of employment? Step 1: Determine the annual salary progression to find the increment applicable in the sixth year. Year 1: R156,000 (Increment R16,500) Year 2: R172,500 (Increment R16,500) Year 3: R189,000 (Increment R16,500) Year 4: R205,500 (Reached the first threshold, next increment is R18,900) Year 5: R205,500 + R18,900 = R224,400 (Increment R18,900) Year 6: R224,400 + R18,900 = R243,300 (Increment R18,900) Step 2: Calculate the monthly increase based on the annual increment for the sixth year. The annual increase in her sixth year is R18,900. Monthly Increase = Annual Increase12 = (R18,900)/(12) = R1,575 Her monthly increase in her sixth year will be R1,575. 4. How many years would she work before she reaches R243,300? Step 1: Refer to the salary progression calculated in question 3. Year 1: R156,000 Year 2: R172,500 Year 3: R189,000 Year 4: R205,500 Year 5: R224,400 Year 6: R243,300 She reaches R243,300 in her 6th year of employment. Neil Brydon's Salary Advice: Calculations Information: Annual Basic Salary: R198,600 Monthly Basic Salary: (R198,600)/(12) = R16,550 Production Bonus (November): 40% of basic salary = 0.40 × R16,550 = R6,620 2.1 Complete the Salary Advice of Neil Brydon on 30 November 2021. Step 1: Calculate Gross Salary. Gross Salary = Monthly Basic Salary + Production Bonus Gross Salary = R16,550 + R6,620 = R23,170 Step 2: Calculate Deductions. Pension Fund: 8% of basic salary = 0.08 × R16,550 = R1,324 UIF: 1% of basic salary = 0.01 × R16,550 = R165.50 Medical Aid: R1,200 SARS: PAYE: 16% of taxable income. Taxable Income = Gross Salary - Pension Fund (assuming pension is tax-deductible) Taxable Income = R23,170 - R1,324 = R21,846 PAYE = 0.16 × R21,846 = R3,495.36 Total Deductions: R1,324 + R165.50 + R1,200 + R3,495.36 = R6,184.86 Step 3: Calculate Net Salary. Net Salary = Gross Salary - Total Deductions Net Salary = R23,170 - R6,184.86 = R16,985.14 Neil Brydon's Net Salary for November 2021 is R16,985.14. 2.2 Calculate the total salary expense of the business with regards to Neil Brydon, inclusive of all benefits for November 2021. Step 1: Identify the employee's gross earnings. Monthly Basic Salary: R16,550 Production Bonus: R6,620 Total Gross Earnings: R16,550 + R6,620 = R23,170 Step 2: Calculate the employer's contributions