If total employee benefits are calculated as a percentage of their gross pay, which of the following employ ocs receevereal the: largest percentage of their gross pay in employee benelits? a. Employee A: gross pay \( \$ 32,600 \), total job benefits \( \$ 33,600 \) b. Employee B: gross pay \( \$ 32,900 \), total job benefits \( \$ 34,000 \) c. Employee C: gross pay \( \$ 33,400 \), total job benefits \( \$ 33,900 \) d. Employee D: gross pay \( \$ 33,700 \), total job benefits \( \$ 34,700 \)
Upstudy AI Solution
Answer
Solution
Answered by UpStudy AI and reviewed by a Professional Tutor


Mind Expander
To figure out which employee receives the largest percentage of their gross pay in benefits, we can calculate the percentage of benefits for each employee: - **Employee A:** Benefits Percentage = \( \frac{33,600}{32,600} \times 100 \approx 102.9\% \) - **Employee B:** Benefits Percentage = \( \frac{34,000}{32,900} \times 100 \approx 103.4\% \) - **Employee C:** Benefits Percentage = \( \frac{33,900}{33,400} \times 100 \approx 101.5\% \) - **Employee D:** Benefits Percentage = \( \frac{34,700}{33,700} \times 100 \approx 103.0\% \) By comparing these calculations, **Employee B** has the highest percentage of employee benefits in relation to their gross pay at approximately **103.4%**. Now, let's sprinkle in some extra fun facts related to employee benefits! Did you know? Employee benefits can include a wide array of perks beyond just health insurance and retirement plans! Many companies are now offering creative perks like wellness programs, mental health days, and even financial planning services. These added benefits can significantly enhance an employee's overall satisfaction and well-being at work! Also, if you’re ever unsure about how to negotiate your benefits package, it helps to do your homework. Research similar roles within your industry to see common practices and average benefits provided. Additionally, don’t be afraid to ask for what you want—being transparent about your needs can lead to a more tailored benefits package that meets your personal and professional goals!