Employee Benefits Practice (Financial Math)

Padraig receives total employment compensation of $70,000 and had $2,000 in job expenses. Which of the following could be true about Padraig's gross pay and total employee benefits?

Which of the following employees has the largest gross pay? a. Employee A: Total employee benefits $1,500 Total job benefits $49,800 b. Employee B: Total employee benefits $1,050 Total job benefits $51,200 c. Employee C: Total employee benefits $1,000 Total job benefits $51,900 d. Employee D: Total employee benefits $3,000 Total job benefits $52,300 Please select the best answer from the choices provided

Describe how total job benefits and total employee compensation differ.

Phillipe has two job offers as given below and really has no preference for either company. Compare the total compensations for the job offers and explain which job you think Phillipe should accept and why. Company A Gross pay $62,000 Medical insurance $3,400 Paid time off $8,000 Retirement $2,700 Job expenses $800 Company B Gross pay $60,000 25% of gross pay in employee benefits

Which of the following companies offers the greatest total employment compensation? Company A Company B Company C Company D Gross Pay $41,600 $40,800 $41,300 $42,000 Paid insurance $1,800 $2,400 $2,000 $2,100 Paid time off $3,700 $3,100 $2,800 $2,900 Job expenses $2,000 $1,800 $800 $2,500 a. Company A b. Company B c. Company C d. Company D Please select the best answer from the choices provided

KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is also required to purchase samples kits which cost $235 each. If KaiLynn paid for 4 samples kits last year, what was her total employment compensation?

Which of the following employees has the greatest total employee compensation? a. Employee A: total job benefits $49,200 and total job expenses $300 b. Employee B: total job benefits $49,500 and total job expenses $500 c. Employee C: total job benefits $ 49,800 and total job expenses $700 d. Employee D: total job benefits $50,100 and total job expenses $900 Please select the best answer from the choices provided

An employee has an annual salary of $48,700. They receive $1,530 in health insurance and $2,810 in paid time off per year. They drive their personal vehicle for work which costs them $500 per month, but the company reimburses them $0.53 per mile for the total work miles driven. If the employee drives 9,000 miles for work for the year, what will be their total employment compensation?

Lakisha's employer pays $2,150 in health insurance and $86 in life insurance per year. She also gets $3,520 in paid time off per year. Her monthly gross pay is $4,370. What are Lakisha's total job benefits per year?

Shaquil receives total employee benefits that are 13.5% of his gross annual pay. If Shaquil has a gross annual pay of $40,000, how much in total employee benefits does he receive?