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Nika earns a gross pay of $73,000. Her total employee benefits are 22% of her gross pay and she has no job expenses. If Nika gets an increase in pay of $5,000, what will her total employment compensation
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14 votes
14 votes
Nika earns a gross pay of $73,000. Her total employee benefits are 22% of her gross pay and she has no job expenses. If Nika gets an increase in pay of $5,000, what will her total employment compensation be

User Bethan
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2 Answers

15 votes
15 votes

Answer:

The Answer is B

Step-by-step explanation:

Edge 2021

User Miahelf
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2.6k points
23 votes
23 votes

Answer:

$95,160

Step-by-step explanation:

The total employment compensation of an individual is the gross pay that they are receiving as well as the value of all of the benefits that they are receiving from employment. Then you would need to discount job expenses. In this scenario, after the increase in pay, Nika's gross pay is now $78,000. If her employee benefits are 22% of the gross pay then they would be

78,000 * 0.22 = 17,160

Now we add the value of her employee benefits to her gross pay in order to calculate her total employment compensation

78,000 + 17,160 = $95,160

User Joe Lloyd
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