Question

Nikki receives total employee benefits valued at $7290. If Nikki has a gross annual pay of $54,000, how

much in total employee benefits does she receive as a percentage (%) of her gross annual pay ?
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Answer 1

Nikki receives total employee benefits equal to 13.5% of her gross annual pay of $54,000.

Step-by-step explanation:

To calculate the percentage of total employee benefits that Nikki receives in relation to her gross annual pay, which is $54,000, use the following formula:

Percentage of Benefits = (Total Employee Benefits ÷ Gross Annual Pay) × 100%

Plugging Nikki's numbers into this formula:

Percentage of Benefits = ($7,290 ÷ $54,000) × 100% = 0.135 × 100% = 13.5%

Therefore, Nikki receives total employee benefits equal to 13.5% of her gross annual pay.