343x Filetype XLSX File size 0.03 MB Source: www.labour.gov.za
Contract Cleaning template for the calculation of bonusses
For the purpose of providing clarity in terms of calculating 3(3)(a) the following formulae should be utilised:
Hourly wage as at 01/12/2013 Hours per week Weekly wage
14.45 45 650.25
Enter maximum hours worked per
Enter hourly rate as at 01/12/2013 week as at 01/12/2013 in yellow
in the green space above space above
For the purpose of providing clarity in terms of calculating 3(3)(b) for employees who have worked less than year whose bonusses need to be prorated the following formulae should be utilised:
Hourly wage as at 01/12/2013 Hours per week Weekly wage
14.45 45 650.25
Enter hourly wage as at 01/12/2013 Enter hours per week as at
in green space above 01/12/2013 in yellow space above
Bonus payable
R 2,817.53
The bonus due is indicated in the
orange space above
For the purpose of providing clarity in terms of calculating 3(3)(b) for employees who have worked less than year whose bonusses need to be prorated the following formulae should be utilised:
No of full calender
Monthly wage months worked Bonus payable
R 2,817.53 6 R 1,408.77
Enter full calender
months worked in The bonus due is indicated
purple space above in the orange space above
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