Answer :
To determine which company offers the greatest total employment compensation, we must consider each company's gross pay, paid insurance, paid time off, and job expenses. The total employment compensation for each company is calculated by adding the gross pay, paid insurance, and paid time off, and then subtracting the job expenses.
Let's break down the calculations for each company step-by-step:
Company A:
[tex]\[ \text{Total Compensation} = \$37,600 \, (\text{Gross Pay}) + \$2,800 \, (\text{Paid Insurance}) + \$3,100 \, (\text{Paid Time Off}) - \$1,200 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation}= \$37,600 + \$2,800 + \$3,100 - \$1,200 = \$42,300 \][/tex]
Company B:
[tex]\[ \text{Total Compensation} = \$36,800 \, (\text{Gross Pay}) + \$2,400 \, (\text{Paid Insurance}) + \$3,600 \, (\text{Paid Time Off}) - \$600 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation} = \$36,800 + \$2,400 + \$3,600 - \$600 = \$42,200 \][/tex]
Company C:
[tex]\[ \text{Total Compensation} = \$38,100 \, (\text{Gross Pay}) + \$2,100 \, (\text{Paid Insurance}) + \$2,900 \, (\text{Paid Time Off}) - \$300 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation}= \$38,100 + \$2,100 + \$2,900 - \$300 = \$42,800 \][/tex]
Company D:
[tex]\[ \text{Total Compensation} = \$39,000 \, (\text{Gross Pay}) + \$1,800 \, (\text{Paid Insurance}) + \$2,500 \, (\text{Paid Time Off}) - \$800 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation} = \$39,000 + \$1,800 + \$2,500 - \$800 = \$42,500 \][/tex]
The calculated total compensations are as follows:
- Company A: \[tex]$42,300 - Company B: \$[/tex]42,200
- Company C: \[tex]$42,800 - Company D: \$[/tex]42,500
Comparing these values, the greatest total employment compensation is offered by Company C with \$42,800.
Thus, the best answer is:
c. Company C
Let's break down the calculations for each company step-by-step:
Company A:
[tex]\[ \text{Total Compensation} = \$37,600 \, (\text{Gross Pay}) + \$2,800 \, (\text{Paid Insurance}) + \$3,100 \, (\text{Paid Time Off}) - \$1,200 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation}= \$37,600 + \$2,800 + \$3,100 - \$1,200 = \$42,300 \][/tex]
Company B:
[tex]\[ \text{Total Compensation} = \$36,800 \, (\text{Gross Pay}) + \$2,400 \, (\text{Paid Insurance}) + \$3,600 \, (\text{Paid Time Off}) - \$600 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation} = \$36,800 + \$2,400 + \$3,600 - \$600 = \$42,200 \][/tex]
Company C:
[tex]\[ \text{Total Compensation} = \$38,100 \, (\text{Gross Pay}) + \$2,100 \, (\text{Paid Insurance}) + \$2,900 \, (\text{Paid Time Off}) - \$300 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation}= \$38,100 + \$2,100 + \$2,900 - \$300 = \$42,800 \][/tex]
Company D:
[tex]\[ \text{Total Compensation} = \$39,000 \, (\text{Gross Pay}) + \$1,800 \, (\text{Paid Insurance}) + \$2,500 \, (\text{Paid Time Off}) - \$800 \, (\text{Job Expenses}) \][/tex]
[tex]\[ \text{Total Compensation} = \$39,000 + \$1,800 + \$2,500 - \$800 = \$42,500 \][/tex]
The calculated total compensations are as follows:
- Company A: \[tex]$42,300 - Company B: \$[/tex]42,200
- Company C: \[tex]$42,800 - Company D: \$[/tex]42,500
Comparing these values, the greatest total employment compensation is offered by Company C with \$42,800.
Thus, the best answer is:
c. Company C
