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An employee earns $24,000 per annum. In May a salary increase was agreed to $26,000 pa, which was backdated to 1st April.In addition, a 2% bonus of basic monthly salary is payable if the company profits exceed a certain figure.The profit threshold was passed for May. Calculate the employee’s gross earnings for May.
A. $2,244
B.$ 2,444
C.$2040
D. $2,440My main problematic word is backdated.How does it work? Another word is threshold. What does it mean? Please explain elaborately.Thank you.
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