Question

Which of the following companies offers the greatest total employment compensation? Company A Company B Company C Company D Gross Pay $37,600 $36,800 $38,100 $39,000 Paid insurance $2,800 $2,400 $2,100 $1,800 Paid time off $3,100 $3,600 $2,900 $2,500 Job expenses $1,200 $600 $300 $800 a. Company A b. Company B c. Company C d. Company D

Answer 1

C

Explanation:

Answer 2

we know that

To find the company with the greatest total employee compensation package, adds each company's gross pay, paid insurance, and paid time off, then subtract the job expenses on the sum

So

Find the total employee compensation package for each company

Step
`1`

Find the total employee compensation package for company A

`total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses`

`total\ employee\ compensation=37,600+2,800+3,100-1,200\\ total\ employee\ compensation=42,300\ dollars`

Step
`2`

Find the total employee compensation package for company B

`total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses`

`total\ employee\ compensation=36,800+2,400+3,600-600\\ total\ employee\ compensation=42,200\ dollars`

Step
`3`

Find the total employee compensation package for company C

`total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses`

`total\ employee\ compensation=38,100+2,100+2,900-300\\ total\ employee\ compensation=42,800\ dollars`

Step
`4`

Find the total employee compensation package for company D

`total\ employee\ compensation=gross\ pay\ +\ paid\ insurance\ +\ paid\ time\ -\ job\ expenses`

`total\ employee\ compensation=39,000+1,800+2,500-800\\ total\ employee\ compensation=42,500\ dollars`

therefore

the answer is

the company with the greatest total employee compensation package is the company C