Employee Information:

1. Staff Accountant Salary: 50,000
2. Bonus: 3% of annual salary
3. Paid Time-Off: 15 days per year
4. Public Holidays recognized: 11 days
5. Benefits:
6. Health Insurance Monthly Premium: $500 for individual, $800 for Employee & Children & $1100 for Family coverage. Mary selected Family coverage. The employer pays 100% for employee and 50% for dependent coverage.
7. Dental & Vision Insurance: Monthly Premium: $40 for individual, $60 for Employee & Children & $100 for Family coverage. Mary selected Family coverage. The employer pays 100% for employee and 50% for dependent coverage.
8. GAP Insurance: Monthly Premium: $50 for individual, $75 for Employee & Children & $100 for Family coverage. Mary selected Family coverage. Employers pay 100% for employees and 50% for dependent coverage.
9. Short-Term & Long-Term Disability: Short-Term rate: 1.2% of annual salary & Long-Term rate of 2% of annual salary. The employer pays 75%, Employee pays 25%
10. Group Life Insurance & ADD: Employers pay 100%. Rate 1% of total salary
11. Unemployment rate .85
12. Worker Comp rate: $0.68 per $100 of salary
13. Employer matches up to 4% of employee's contribution; Mary's contributes 5% to 401K.
14. Cell phone allowance: $500 annually
15. Tuition Reimbursement: $500 per course, up to 3 courses per year. Mary took 8 courses in 2019

Required:

Solve this total compensation report with the above information

1. Earnings
2. Benefits
3. Discretionary Benefits
4. Statutory Benefits
5. Retirements
6. Other Company provided Benefits
7. Time off
8. Total Compensation Value
9. Include a pie chart showing the following:
10. Earned Income
11. Company-paid benefits
12. Time Off