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Your company hired a new pipe-fitter for the upcoming year. The company owne r would like for you to determine the hourly wage for this
Your company hired a new pipe-fitter for the upcoming year. The company owne r would like for you to determine the hourly wage for this employee for upcoming jobs. What is the wage fully burdened wage hourly wage rate for the employee based upon the information below? . Base Wage Rate $27.16/hour 3 weeks of vacation, sick, and personal leave . Social Security 6.2% on the first $132,900 Medicare 1 .45% . FUTA 0.6% on the first $7,000 . SUTA 3.4% on the first $22,000 .Workers' Compensation $12.65 per $100 . General Liability; 0.66% Employer Paid Health Insurance $600 per month Retirement 50% match on 5% of wages Selected Answer (None Given) Correct Answer: 39 66 10%
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