QUESTION 1 1.50000 points Save Answer Sandy Liang commenced employment at Entity

Question

QUESTION 1 1.50000 points Save Answer Sandy Liang commenced employment at Entity Solutions Pty Ltd on the 11 February 2006. In March 2018, she resigned with effect from 17 April 2018. Her final salary when she resigned was $ Sandy's long service leave entitlement is calculated as 10 weeks leave after the first 10 years of service and 15 calendar days for every year worked in excess of 10 years (proportionate leave for partial year) Required: Calculate the monetary (S) value of Sandy's long service leave entitlement as at 17 April 2018 590,000 per year QUESTION 2 1.50000 points Save Answer Ingar Sorensen commenced work for Vestovus Ltd on the 04 November 2017. However, his employment was terminated on the 13 April 2018. The award conditions stipulate that employees receive 4 weeks annual leave. That is, for every 12 weeks worked, 1 week annual leave is accrued. Required: Calculate Ingar's annual leave entitlement in days (to 2 decimal points)

Explanation / Answer

Solution to Question 1:

Sandy LSL entitlement is calculated by taking:

For first 10 years she will receive 10 weeks leave entitlement and for next 2 years 9 weeks she will get (15+15+3) i.e 4.7 weeks leave entitlement.

The total sandy 's leave entitlement= 14.7 weeks

Per year payment at the time of retirement is $90000

Per week wil be = $90000/52weeks

=$ 1730

Therefore total long service leave entitlement for Ssandy = 14.7 * 1730= $ 25430 (Approx)

Solution to Question No: 2

For 12 weeks ingar sorensen will receive 1 week as leave.

He worked for 23 weeks (from 4th nov 2017 to 13th april)

he will be eligible for =23*7/12= 13.41 days

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