question archive Claire is a British Columbia employee

Claire is a British Columbia employee

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Claire is a British Columbia employee. She worked 80 hours this bi-weekly pay period and is paid $20.00 per hour. This pay she will also receive a bonus of $500.00. What is Claire's Employment Insurance premium?

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Insurance premium = 33.18

 

Insurance premium = 1.58% of earnings

 

 

Insurance premium = 1.58%*(80*20+500)

 

insurance premium = 1.58%*(1600+500)

 

insurance premium =1.58%*2100

 

Insurance premium = 33.18