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Company Co Employee Yearly Benefit costs (New) Cost (New) Medical insurance 6,000.00 900.00 Dental insurance 125.00 125.00 Life insurance 180.00 AD&D 90.00 Short-term disability 36.00

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Company Co Employee Yearly Benefit costs (New) Cost (New) Medical insurance 6,000.00 900.00 Dental insurance 125.00 125.00 Life insurance 180.00 AD&D 90.00 Short-term disability 36.00 Long-term disability 18.00 401(k) 450.00 900.00 Social Security 1,796.45 $1,796.45 Medicare 420.14 420.14. Tuition reimbursement 2,050.00 Total yearly benefit costs $11,165.59 (employer) Employee's annual salary 30,000 Total value of employee's $41, 165.59 compensation Required: Compute the benefit analysis assuming: 7% increase in pay. 3% contribution to 401(k) will remain the same with a company match of 50%. 10% increase in medical and dental insurance premiums

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