Question

Dontae's employer has offered the followingemployment package

A) Base salary of $60,000 per year
B) Health insurance coverage
C) Retirement benefits with a 5% employer match
D) Flexible work hours
E) Company-provided laptop and phone

Answer 1

Dontae's gross income from his employment is $710,425.

To find Dontae's gross income from his employment, you'll want to sum up all the components of his compensation package:

Salary: $615,000

Health insurance: $21,000

Dental insurance: $1,325

Membership to Heflin Country Club: $19,200

Season tickets to Atlanta Braves games: $6,200

Tuition reimbursement for graduate courses: $4,700

Housing allowance: $43,000

Adding these together:

$615,000 + $21,000 + $1,325 + $19,200 + $6,200 + $4,700 + $43,000 = $710,425

Therefore, Dontae's gross income from his employment is $710,425.

Question

Dontae's employer has offered him the following employment package.

Salary $ 615,000

Health insurance 21,000

Dental insurance 1,325

Membership to Heflin Country Club 19,200

Season tickets to Atlanta Braves games 6,200

Tuition reimbursement for graduate courses 4,700

Housing allowance (for a McMansion in his neighborhood of choice) 43,000

What is Dontae's gross income from his employment?