The answer is c. $50,000-$56,000.
This is because in addition to the base salary of $40,000, there will be additional costs such as employer taxes and benefits. These additional costs typically range from 25% to 40% of the base salary.
Therefore, the total cost to the employer will be approximately $50,000 to $56,000.
Krista wants to hire a new employee for her marketing firm but is trying to calculate how much this new hire will cost her. She is planning to pay the new employee a base salary of $40,000, which means that this new employee will actually cost her ______ once taxes and benefits are included
a. $42,000-$44,000
b. $60,000-$62,000
c. $50,000-$56,000
d. $75,000-$80,000
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