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2 nd Language Teachers Calculation of Earnings for EI Purposes.

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Presentation on theme: "2 nd Language Teachers Calculation of Earnings for EI Purposes."— Presentation transcript:

1 2 nd Language Teachers Calculation of Earnings for EI Purposes

2 Example 1 Appointment Dates: December 2 – 23, 2008: Recommendation for Appointment form will show a negotiated amount of salary = $3,168.74* + VP (vacation pay) for the term Actual Salary Received: - Using the Period Pay Calculator, calculate the pay period salary (https: web.finance.uvic.ca/forms)

3 Pay Period to Semi-Monthly Salary Calculator If the start date of the period IS NOT the 1st day of the pay period AND the end date of the period IS NOT the last day of the pay period Enter period salary 3169 Enter number of FULL pay periods in period0 enter 0 if the total duration is over two consecutive pay periods Enter the number of days worked in 1st pay period10 Enter the number of working days in the 1st pay period 11 Enter the number of days worked in last pay period 6 Enter the number of working days in the last pay period12 Pay Period Salary Calculation per pay period

4 Actual salary received December 15 th pay = December 1 – 15 (11 working days) = $2, x 10/11 = $2, December 31 st pay = December 16 – 23 (6 working days) = $2, x 6/12 = $1, Total salary received = $2, $ 1, = $3, VP (vacation pay)

5 Calendar December 2008 SunMonTueWedThuFriSat

6 EI Reporting HRSDC requires earnings and hours to be reported weekly, commencing Sundays: In this case: Week 1: November 30 – December 6 (4 out of 11 days worked) Week 2: December 7 - December 13 (5 out of 11 days worked) Week 3: December 14 - December 20 (1 out of 11 days worked out of 12 days worked) Week 4: December 21 - December 27 (2 out of 12 days worked)

7 EI Allocation of Earnings For EI purposes, the earnings are allocated to each week using the same method (as they are paid) Week 1: $2, x 4/11 = $ VP 2: $2, x 5/11 = $1, VP 3: $2, x 1/11 = $ $2, x 4/12 = $ VP 4: $2, x 2/12 = $ VP $3, VP (vacation pay)

8 Example 2 Employee holds two appointments: Position A: - Appointment dates: January 15 – March 26/09 - Pay period salary calculated as $ VP Position B: - Appointment dates: January 16 – March 30/09 - Pay period salary calculated as $ VP

9 Actual Salary Received January 15 th Pay = January 1 – 15 (11 working days) = $ x 1/11 = $80.62 Position A January 31 st Pay = January 16 – 31 (11 working days) = $ (Position A) = (Position B) $1, Total salary received: $1,841.46

10 Calendar January 2009 SunMonTueWedThuFriSat

11 EI Reporting Week 1: December 28 – January 3 (no working days) Week 2: January 4 - January 10 (no working days) Week 3: January 11 - January 17 (1 out of 11 working days – position A out of 11 working days – position B) Week 4:January 18 – January 24 (5 out of 11 working days – position A + B) Week 5: January 25 - January 31 ( 5 out of 11 working days – position A + B)

12 EI Allocation of earnings Week 1: $ 0.00 Week 2: $ 0.00 Week 3: $ x 2/11 = $ (Position A) x 1/11 = (Position B) $ * Week 4: $ x 5/11 = $ (Position A) x 5/11 = (Position B) $ * Week 5: $ Note: The total reported earnings equal actual paid earnings: $1, VP


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