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EMPLOYEE BENEFITS EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 100% GRADED A+ $9.49   Add to cart

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EMPLOYEE BENEFITS EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 100% GRADED A+

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EMPLOYEE BENEFITS EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 100% GRADED A+ An employee has an annual salary of $51,300. They receive $2,830 in health insurance and $4,600 in paid time off per year. They drive their personal vehicle for work which costs them $600 per month, but the company ...

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  • May 25, 2024
  • 10
  • 2023/2024
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EMPLOYEE BENEFITS EXAM QUESTIONS WITH COMPLETE

SOLUTIONS VERIFIED 100% GRADED A+


An employee has an annual salary of $51,300. They receive $2,830 in health

insurance and $4,600 in paid time off per year. They drive their personal vehicle

for work which costs them $600 per month, but the company reimburses them

$0.54 per mile for the total work miles driven. If the employee drives 36,000 miles

for work for the year, what will be their total employment compensation?

$70,970

The gross pay, benefits and job expenses for two different employees are shown

below.

Employee A: gross pay $57,200, employee benefits $5,300, job expenses $800

Employee B: gross pay $56,900, employee benefits $6,200, job expenses $1,400

Which of the following is a true statement?

The total employment compensations for the two employees are the same.

If gross pay increases by $500, total employee benefits increase by $200 and total

job expenses decrease by $300, then total employment compensation _____.

increases by $1,000

Which of the following employees has the greatest total employee

compensation?

Employee B: total job benefits $68,400 and total job expenses $300

, Which of the following companies offers the greatest total employment

compensation?



Company A

Company B

Company C

Company D

Gross Pay

$37,600

$36,800

$38,100

$39,000

Paid insurance

$2,800

$2,400

$2,100

$1,800

Paid time off

$3,100

$3,600

$2,900

$2,500

Job expenses

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