To determine which company offers the greatest total employment compensation, let's calculate the total compensation for each company step-by-step.
Company A:
- Gross pay: \[tex]$38,200
- Insurance: \$[/tex]3,500
- Paid time off: \[tex]$4,100
Total compensation for Company A:
\[
\$[/tex]38,200 + \[tex]$3,500 + \$[/tex]4,100 = \[tex]$45,800
\]
Company B:
- Gross pay: \$[/tex]39,000
- Insurance: 20% of gross pay = 0.2 * \[tex]$39,000 = \$[/tex]7,800
- Paid time off: \[tex]$0 (not provided)
- Job expenses: \$[/tex]700
Total compensation for Company B:
[tex]\[
\$39,000 + \$7,800 + \$700 = \$47,500
\][/tex]
Company C:
- Gross pay: \[tex]$39,900
- Insurance: \$[/tex]3,200
- Paid time off: \[tex]$1,000
Total compensation for Company C:
\[
\$[/tex]39,900 + \[tex]$3,200 + \$[/tex]1,000 = \[tex]$44,100
\]
Company D:
- Gross pay: \$[/tex]39,400
- Insurance: 18% of gross pay = 0.18 * \[tex]$39,400 = \$[/tex]7,092
- Paid time off: \[tex]$0 (not provided)
Total compensation for Company D:
\[
\$[/tex]39,400 + \[tex]$7,092 = \$[/tex]46,492
\]
Now we compare the total compensations:
- Company A: \[tex]$45,800
- Company B: \$[/tex]47,500
- Company C: \[tex]$44,100
- Company D: \$[/tex]46,492
The greatest total employment compensation is offered by Company B with \$47,500.
Thus, the best answer is:
b. Company B
