Well, the hour Mark put into this could save $1,900. It's good information.
On Thu, Oct 18, 2012 at 8:05 PM, Justin Lacko <jus...@takaji.ca> wrote: > Mark... I think you're analysing this WAY too deep... > > On 18 October 2012 18:58, Mark Jenkins <m...@parit.ca> wrote: > >> * Note on CPP -- its actually 4.95% on annual earnings above $3500 and > >> below some other threshold -- it works out to ~4.27% for someone making > >> $10.25 an hour + 4% vacation pay who works 10 hours a day 240 days a > >> year -- so if you hired folks for 10 hour days at minimum wage your > >> costs as an employer would be > > > > > > Ooops, I forgot that labour standards act has overtime -- CPP works out > to > > ~4.10% for $10.25/h+4% when calculated for 8 hours, 240 days a year... > which > > makes for ~$11.12/h employer cost... so I've saved a ~fuzzy~ cent with > this > > post. > > > > > > > > > > _______________________________________________ > > SkullSpace Discuss Mailing List > > Help: http://www.skullspace.ca/wiki/index.php/Mailing_List#Discuss > > Archive: https://groups.google.com/group/skullspace-discuss-archive/ > _______________________________________________ > SkullSpace Discuss Mailing List > Help: http://www.skullspace.ca/wiki/index.php/Mailing_List#Discuss > Archive: https://groups.google.com/group/skullspace-discuss-archive/ >
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