Reference no: EM131604517
The new seafood processing plant in a rural coastal community at least one (1) hour from Charlottetown, will employ a manager, an accountant, an administrative assistant, a buyer and a maintenance person for 52 weeks a year. All other staff will be seasonal, working from the middle of April to the end of November.
They have asked your company to determine a salary and benefit package for each of the positions listed above within a total salary budget of $420,00.
Case assignment:
Describe the salary and benefit package that you would recommend for each of the following positions listed below and advise how you determined that salary and benefit package.
- Plant Manager
- Accountant
- Administrative Assistant
- Maintenance Person, also called Building Operator
Employer's Share of the Benefit Options
- The CPP and EI mandatory benefits are 4.95% and 2.282% respectively of the salary, as listed below;
- Pension can up to 7% of salary;
- Long term disability - up to 2% of salary per month;
- Group health and dental - $115 for single coverage a month and $175 for family coverage a month;
- Life insurance - .90 per thousand a month
For your Information
Canada Pension Plan Employer Contribution
Annual Maximum Pensionable Earnings $55,300
CPP Contribution Rate 4.95%
Annual Maximum CPP Employer Contribution $2,564.10
Employment Insurance Employer Contribution
Annual Maximum Insurable Earnings $51,300.00
Annual Maximum Employee Contribution $836.19