Question

Which of the following companies offers the greatest total employment compensation?
Company A
Gross pay $38,200
Insurance $3,500
Paid time off $4,100
Company B
Gross pay $39,000
20% of gross pay in total employee benefits
Job expenses $700
Company C
Gross pay $39,900
Insurance $3,200
Paid time off $3,900
Job expenses $1,000
Company D
Gross pay $39,400
18% of gross pay in total employee benefits

a.
Company A
b.
Company B
c.
Company C
d.
Company D



Please select the best answer from the choices provided


A
B
C
D

Answer 1

C

Calculations:
- A: 38,200 + 3,500 + 4,100 = 45,800
- B: 39,000 + (0.20×39,000) + 700 = 39,000 + 7,800 + 700 = 47,500
- C: 39,900 + 3,200 + 3,900 + 1,000 = 48,000
- D: 39,400 + (0.18×39,400) = 39,400 + 7,092 = 46,492

Company C has the greatest total compensation.