Question

Rebecca is offered a job as an insurance adjuster at an

annual base salary of $23,000. In addition, the company will
pay the following benefits: retirement contribution 10.5% of
base salary, disability insurance $258, medical insurance
$4,750, year-end bonus of 27% of base salary. What is the
annual value of this job to Rebecca?​

Answer 1

$36,633

Explanation:

Annual base salary = $23,000

Retirement contribution = 10.5% of $23,000 = 0.105 * 23,000 = $2,415

Disability insurance = $258

Medical insurance = $4,750

Year-end bonus = 27% of $23,000 = 0.27 * 23,000 = $6,210

So, annual value = $36,633