EFTA01118797.pdf

Island Grounds Inc. Scenarios for transferring IG to LSJ employees Scenario 1 Scenario 2 Scenario 3 Scenario 4 Projected health 2012 OT IG cost Projected insurance Paid YTD based on no 2012 Cost Projected Projected cost at 100 % thru 8-2- holiday pay with payroll cost with 5 cost with employer Name Position 2012 or Overtime taxes % raise 10% raise contributions Bastille Morales-Mercado (Dulce) Housekeeper 3282 28.815 30,100 31.605 33.110 9,400 Maria Rosario (Keiry) HoUsekeeper 1,047 27,376 28,600 30,030 31,460 6,900 Reyna Amparo (Sandra) Housekeeper 1,641 27,376: 28,600 30,030 31,460 7,800 Peter St. Omer 'Head Groundmen 2,946 52,266 54,600 57,330 60,060 7,300 Dupson Donissaint (Baseais) Landscape supervisor 2,063 . . 34,270 . 35,800 37,590. 39,380' 4,900 Gusnomo Dolce Iondieepe.supervisoi 2,198 34,270 35,800 37.590 39,360 7,300 Anthony Jules (Tony) Landscaper 111 29,769 : 31,100 32,655 34,210 9,800 Pierressaint Onel Landscaper 969 2&525 29,800 ' 31,290 ' 32,780 ' 7,300 Ednor Montina Landscaper 498 25,178 26,300 27,615. 28,930 4,900 Reno! Mode Landscaper 3.206. 28,525 ' 29,800 ' 31,290 32,780 5,900 Ailangie Clifton (Clement) Carpenter 681 57,150 59,700 62,685 65,670 4,000 Gerry Franicis Titre .Painter 340 34,270 35,800 37,590. 39,380 7,300 Sharimo Wheatley Mechanic 0 57,150 ' 59,700 ' 62,685 65,670 3,900 Cuthbert Titre (Smiley) RO Genets & Pool Mtc 1,229 30,823 • 32,200 33,810 35,420 5,900 Sheridon Emanuel Mee Enaineering 1,125 29,674 ' 31,000 32,550 34,100 3,200 .. . TOTAL ISLAND GROUNDS INC. (15 employees) 21,330 525,437 548,900 576,345 603,790 95,800 Less: Cost of Red Hook Family Practice (based on 2011) 546,767 (7,500) ADDITIONAL JEE COST 23,463 50,908 78,353 111,763 Notes 1) additional landscaper is pending release taking count down to 14 2) Projected costs above include 8% for payroll taxes therefore actual salaries are lower Released when done with road projects Pierre Jules (Jules) Construction 2,469 60,300 63,315 66,330 16.900 Release date pending completion of current projects . Killian Bodminister Painter 972 35,800 . 37.590 39,380 3,900 Guy Vicars ‘Heiper 0. . 26,300 27,615 28,930 3,200 Benford Lewis Carpenter 273 . 50,100 • 52,605 55,110 " 3,000 Kart Henry Carpenter 1,465 31,000 - 32,550 34,100 3,900 Brian Bates Mechanic 562 ' 53,700 • 56,385 ' 59,070 ' 9,800 3,272 196,900 206,745 216,590 24,700 TOTAL EMPLOYEES TO BE RELEASED (6 employees) 5,741 257,200 - 270,060 282,920 41,600 ADDITIONAL JEE COST- SCHEDULED TO BE RELEASED 9,845. 19,690 ' 41,600 Health Insurance notes • 1) Plan requires a 75% employee participations or It is disqualified as a plan. Thus on a employer contribution of leis than 100% at least 75% of employees must opt to pay the additional premium • 2) Plan requires a minumum employer .contribution of 50% . . . . . . . . . . .. . 3) If we move everyone to LSJ Employees Payroll and then drop health Insurance we will need to make provisions for the following (4) individuals a) Carlos - Jeanne believes that he can go on his wiles plan however there may be an additional cost to do so b) Danny - This may be an issue as he was motivated to move to LSJ by insurance benefits- move him to TTR (karen & brice entity) or FTC?? c) Bosco - another issue - FTC ? TTR ? d) Lester - Unsure of his future so may not be an issue EFTA01118797