Question

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

Answer 1

Compute total compensation = Gross Pay + Paid insurance + Paid time off + Job expenses.

- Company A: 41,600 + 1,800 + 3,700 + 2,000 = 49,100
- Company B: 40,800 + 2,400 + 3,100 + 1,800 = 48,100
- Company C: 41,300 + 2,000 + 2,800 + 800 = 46,900
- Company D: 42,000 + 2,100 + 2,900 + 2,500 = 49,500

Greatest total compensation: Company D (d).