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:

1. 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.
2. 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.
3. 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.
4. 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%
5. Group Life Insurance & ADD: Employers pay 100%. Rate 1% of total salary

6. Unemployment rate .85
7. Worker Comp rate: $0.68 per $100 of salary
8. Employer matches up to 4% of employees contribution; Marys contributes 5% to 401K.
9. Cell phone allowance: $500 annually
10. Tuition Reimbursement: $500 per course, up to 3 courses per year. Mary took 8 courses in 2019

Required:

Create a total compensation report: (75 Points)

1. Segregate the report into the following sections

1. Statutory Benefits
2. Retirements
3. Other Company provided Benefits

With the above information about the employee I need a compensation package created from the employees information containing statutory benefits, retirements and other company. All the information needed is in the question in the employee information.