Dear Respected Tutor,

I hope my email finds you well.

I'm kindly looking for your help in fixing up the below 2 questions (1.3 and question 2) Basically, I'm struggling with themand in particular question number 2. Your support well truly appreciated. Many thanks. JK

1Cost out the 2 packages given the data provided in exhibits 9.9,10,11,12.

1.1Correct calc of Option 1 savings

1.2Correct calc of Option 2 savings

1.3Correct calc of Total benefit cost per employee under both options

2What alternative would you present to Jacobs and why?

3Which strategies will require less employee input in terms of their reactions?

Option 1

Health plan

523 Contribution

10% Saving Percentage

52.3 Total Saving

Dental plan

523 Contribution

15% Saving Percentage

78.45 Total Saving

Eliminate 10 min paid break

727 Contribution

16.7 Saving Percentage

121.4 Total Saving

Integrate CCP with Lighting Industries pension plan

2460 Contribution

15% Saving Percentage

369 Total Saving

Overall Saving

621.15

Option 2

Short term disability

83 Contribution

20% Saving Percentage

16.6 Total Saving

Long term disability

129 Contribution

5% Saving Percentage

6.45bTotal Saving

Discount on goods and services

127 Contribution

10% Saving Percentage

12.7 Total Saving

Overall Total Saving

35.75

Correct calculation of Total benefit cost per employee under both options. Should it be the total compensation given minus the total savings in both tables? For instance, the total amount of the paid compensation is 13K. Should I make it this way (13000-621.15+35.75) ?

2What alternative would you present to Jacobs and why?

3. Which strategies will require less employee input in terms of their reactions?

Basically, Option 2 requires minimal input from the staff when it comes to reaction and while putting it in comparison with the items affected in option 1. The short-term disability is quite vital to 60% of the employees where the long-term disability is slightly higher to 72%. Moreover, the offered discount on goods and services are low 5%, and on the contrary, the dental plan is 51%., 10 minutes break stands at 55%, health care plan stands at 86%, and eventually, the pension plan stands on 87%. Consequently, items listed in option 1 are vital and beneficial to all employees, and therefore, they require an increase in inputs unlike the items listed in option 2.