- This topic has 1 reply, 2 voices, and was last updated 6 months ago by Kim Smith.
- April 21, 2020 at 2:46 pm #568890sarmadkhalid45
Retaining accountancy staff in-house, but operating with the reduced workforce
Staff members who resign leading up to MEXIT are not to be replaced, and the company will continue to operate the accountancy function in-house with a reduced staff level. Your salary will remain at $70,000 as you were recently appointed.
The retained accounting staff post-restructure, will be paid at 10% more than their current salaries. To manage their additional responsibilities and to adopt new working practices, but an additional 25% will be added to the total payroll costs (after pay rises)
of the remaining accountancy department staff, due to the need for increased overtime and the costs of hiring temporary workers to cover peak times.
I am struggling with this ..As i have tried many things ..like adding 10% to current salaries and 25% additional and calculate the ans but still got incorrect so hep me…April 22, 2020 at 8:02 am #568929Kim SmithKeymaster
Sorry but tutor’s do not have access to the module. Based on what you have written I would have thought you would be taking an amount $x and then multiplying it by 110% and they multiplying that amount by 125%. The $x amount you start with should exclude $70k.
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