heehan works for Andy Company and is a superior sales guy. His total compensation this year is $600,000. Andy sponsors an integrated profit sharing plan with a base percentage of 5.5% and a maximum excess percentage. It uses the current wage base as the integration level. How much will the company contribute for Sheehan for 2019? Select one: $15,125 $23,491 $23,785 $56,00
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Sheehan works for Andy Company and is a superior sales guy. His total compensation this year is $600,000. Andy sponsors an integrated profit sharing plan with a base percentage of 5.5% and a maximum excess percentage. It uses the current wage base as the integration level. How much will the company contribute for Sheehan for 2019?
$15,125
$23,491
$23,785
$56,000
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- At the end of the year, if Malek reaches his annual sales quota, he is given an extra $10,000. This is an example of Multiple Choice a salary. a stipend. a commission. an output measure. a bonus.Bill Mason is considering two job offers. Job 1 pays a salary of $39,700 with $5,390 of nontaxable employee benefits. Job 2 pays a salary of $38,000 and $6,600 of nontaxatle benefits. Use a 15 percent tax rate. a. Calculate the monetary value of each job. b. Which position would have the higher monetary value? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the monetary value of each job. Note: Round your final answers to the nearest whole number. Job 1 Job 2 Monetary ValueAn employee is entitled with monthly salary of TK. 50,000. The company has a policy to provide 10 % yearly increment. If the performance of the employee and organizational performance are both excellent, what would be the employee awards according to merit-based pay plan? Please consider the following table to calculate the total increment in that year.
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- Amy has received two offers from companies that she would like to work for. She has been given the following salary information: Company A: Total salary is $45,000 with two weeks' vacation a year, and medical benefits. Company B: Total salary is $35,000 with three weeks' vacation a year, medical benefits, and a matched fund 401K. Compare and contrast both offers looking at total compensation, which company offer would you recommend Amy take and why? HTML Editor B IUA A I E E = E E 回 P DT T 1 MacBook AirPark Mischner owns Old Times Buttons, which employs thirteen people. Park wants to perform a benefits analysis report for one of the employees, Arnold Bower, for the year. Arnold's benefits package is as follows: Annual salary: $34,000 401(k) contribution: 6 percent of annual salary. The company match is 75 percent of employee contribution up to 4 percent employee annual salary. Medical insurance deduction: $230 per month Dental insurance: $15 per month Required: Complete the following Benefits Analysis Report for Arnold Bower for the year. Do not include FUTA and SUTA taxes. (Round your answers to 2 decimal places. Enter all amounts as positive values.) Yearly Benefit Costs Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs Arnold's annual salary Total value of Arnold's compensation Company Cost Arnold's Cost 18,840.00 1,120.00 $ $ $ $ $ $ $ 380.00 $ 92.00 $…Bill Mason is considering two job offers. Job 1 pays a salary of $38,800 with $5,016 of nontaxable employee benefits. Job 2 pays a salary of $36,900 and $6,180 of nontaxable benefits. Use a 15 percent tax rate. Calculate the monetary value of each job. Which position would have the higher monetary value?
