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Butcher Enterprises has experienced substantial employee turnover among its office workers. During exit interviews, more than 8 0 percent stated that low pay was the

Butcher Enterprises has experienced substantial employee turnover among its office workers. During exit interviews, more than 80 percent stated that low pay was the top reason for resigning. The mpany conducted a survey of local companiespay practices to confirm whether this is valid. Indeed, Butcher Enterprises' average hourly pay rate for total compensation falls well below market. The compensation survey showed an average hourly rate of $ 22.00 for total compensation . Of this amount, wages are $19.00 per hour and benefits are $3 per hour In comparison, utcher Enterprises spends an average hourly rate of $18 for total compensationOf this amount, 70 percent is allocated for wages Butcher Enterprises spends root(152,5) on wages and root(5.7,5) on benefits, respectivelyon an average hourly basisRound your response to the nearest hundreths place

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