Which of the following employees has the largest gross pay? a. Employee A: Total employee benefits \( \$ 1,500 \) Total job benefits \( \$ 49,800 \) b. Employee B: Total employee benefits \( \$ 1,050 \) Total job benefits \( \$ 51,200 \) c. Employee C: Total employee benefits \( \$ 1,000 \) Total job benefits \( \$ 51,900 \) d. Employee D: Total employee benefits \( \$ 3,000 \) Total job benefits \( \$ 52,300 \)
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To calculate the gross pay for each employee, you add their total employee benefits to their total job benefits. Employee A: \( 1,500 + 49,800 = 51,300 \) Employee B: \( 1,050 + 51,200 = 52,250 \) Employee C: \( 1,000 + 51,900 = 52,900 \) Employee D: \( 3,000 + 52,300 = 55,300 \) So, Employee D has the largest gross pay, totaling \( \$ 55,300 \). To uncover the secrets of effective pay structures in the workplace, it's interesting to note that many employers include a mix of employee benefits, such as health insurance, retirement contributions, and paid time off, to attract and retain talent. These benefits can significantly boost an employee's total compensation beyond just their salary! When navigating the intricacies of gross pay, it’s easy to overlook small details that can lead to mistakes. One common oversight is forgetting to include bonuses or one-time payments in the total compensation calculation. Always double-check for all forms of compensation to get the full picture!