Question

Your company has offices in 2 cities The Denver office has 137 employees with an average salary of $67.013. The Anchorage office has 25 employees with an average salary of $71.332. What is the average employee salary across your company?

Answer 1

We need to first figure the total salaries of both cities and then divide by the total employees of both cities to get the answer.

(137 x 67.013) + (25 x $71.332)

9180.781 + 1783.300 = 10964.081 salaries

137 + 25 = 162 people

10964.081/162 = 67.680 (rounded) average salary.