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Kai is the president of Zebra Antiques. An employee, Reese Francis, is due a raise. Reese s current benefit analysis is as follows: Yearly Benefit
Kai is the president of Zebra Antiques. An employee, Reese Francis, is due a raise. Reeses current benefit analysis is as follows:
Yearly Benefit Costs Company Cost Current Employee Cost Current
Medical insurance $ $
Dental insurance
Life insurance
AD&D
Shortterm disability
Longterm disability
k
Social Security
Medicare
Tuition reimbursement
Total yearly benefit costs employer $
Employees annual salary
The total value of employees compensation $
Required:
Compute the benefit analysis assuming:
percent increase in pay.
Reese will increase the k contribution to percent with a company match of percent up to percent contribution by the employer.
percent increase in medical and dental insurance premiums.
Note: Round your answers to decimal places.Required:
Compute the benefit analysis assuming:
percent increase in pay.
Reese will increase the contribution to percent with a company match of percent up to percent contribution by the employer.
percent increase in medical and dental insurance premiums.
Note: Round your answers to decimal places.
tabletableYearly Benefit CostsMedical insurancetableCompany CostNewtableEmployee CostNew$$
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