Question: A Project MEPF Engineer working under a general contractor (Private Sector) has a basic salary of $30000$ per month and a monthly allowance of $3000$. How much would be his Hourly Salary, Overtime Payment, Benefit Deductions, Taxable Income, Tax Deduction, and Net Pay for July 2025? He works $7am$ to $10pm$ every Monday to Thursday, $7am$ to $11pm$ every Friday, and $7am$ to $4pm$ every Saturday. Kindly note that his break time is every $12pm$ to $1pm$ and $6pm$ to $7pm$. (Please refer to the calendar on the next slide.)
1. **State the problem:** Calculate the hourly salary, overtime payment, benefit deductions, taxable income, tax deduction, and net pay for a Project MEPF Engineer with a monthly basic salary of $30000$ and allowance of $3000$ for July 2025.
2. **Calculate total working hours in July 2025:**
- July 2025 has 31 days.
- Count weekdays and Saturdays:
- Mondays to Thursdays: 4 days per week
- Fridays: 1 day per week
- Saturdays: 1 day per week
3. **Calculate daily working hours excluding breaks:**
- Monday to Thursday: $7am$ to $10pm$ is $15$ hours minus $2$ hours break ($12pm$-$1pm$ and $6pm$-$7pm$) = $13$ hours/day
- Friday: $7am$ to $11pm$ is $16$ hours minus $2$ hours break = $14$ hours/day
- Saturday: $7am$ to $4pm$ is $9$ hours minus $1$ hour break ($12pm$-$1pm$) = $8$ hours/day
4. **Count number of each weekday in July 2025:**
- Mondays: 4
- Tuesdays: 5
- Wednesdays: 5
- Thursdays: 5
- Fridays: 4
- Saturdays: 4
5. **Calculate total hours worked:**
- Monday to Thursday total days = $4 + 5 + 5 + 5 = 19$ days
- Total hours Mon-Thu = $19 \times 13 = 247$ hours
- Fridays total hours = $4 \times 14 = 56$ hours
- Saturdays total hours = $4 \times 8 = 32$ hours
- Total hours worked = $247 + 56 + 32 = 335$ hours
6. **Calculate hourly salary:**
- Monthly salary + allowance = $30000 + 3000 = 33000$
- Hourly salary = $\frac{33000}{335} \approx 98.51$
7. **Calculate overtime payment:**
- Assuming standard monthly hours = $8$ hours/day $\times$ $22$ working days = $176$ hours
- Overtime hours = $335 - 176 = 159$ hours
- Overtime rate = $1.25 \times$ hourly salary = $1.25 \times 98.51 = 123.14$
- Overtime payment = $159 \times 123.14 = 19581.26$
8. **Benefit deductions:**
- Assume $10\%$ of basic salary = $0.10 \times 30000 = 3000$
9. **Taxable income:**
- Taxable income = Basic salary + allowance + overtime payment - benefit deductions
- Taxable income = $30000 + 3000 + 19581.26 - 3000 = 49581.26$
10. **Tax deduction:**
- Assume tax rate $20\%$ of taxable income
- Tax deduction = $0.20 \times 49581.26 = 9916.25$
11. **Net pay:**
- Net pay = Taxable income - tax deduction
- Net pay = $49581.26 - 9916.25 = 39665.01$
**Final answers:**
- Hourly Salary $\approx 98.51$
- Overtime Payment $\approx 19581.26$
- Benefit Deductions $= 3000$
- Taxable Income $\approx 49581.26$
- Tax Deduction $\approx 9916.25$
- Net Pay $\approx 39665.01$