Question

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

employee has the greatest total employment compensation?
Employee A: gross pay $57,2000, employee benefits $5,300, job expenses $800
Employee B: gross pay $56,900, employee benefits $6,200, job expenses $1,400

Answer 1

They have the same compensation

Explanation:

57,200 + 5,300 = 62,500 - 800= 61,700

56,900 + 6,200= 63,100 - 1400= 61,700

Answer 2

Employee A has the greatest total employment compensation.

Explanation:

Consider the provided information.

We need to find the company with the greatest total employee compensation package,

For this first add each company's gross pay, and employee benefits then subtract the job expenses from the sum

For company Employee A:

Employee A: gross pay $572000, employee benefits $5,300, job expenses $800

`total\ employee\ compensation=gross\ pay\ +\ employee \ benefits -\ job\ expenses`

`total\ employee\ compensation= 572000+ 5300-800`

`total\ employee\ compensation=576,500`

For company Employee B:

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

`total\ employee\ compensation=gross\ pay\ +\ employee \ benefits -\ job\ expenses`

`total\ employee\ compensation=56900+6200 -1400`

`total\ employee\ compensation=61,700`

Since, $576,500 is greater than $61,700. So employee A has the greatest total employment compensation.