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Youve received two job offers from the same employer that only vary on the following dimensions. Assume you have a 25% marginal tax rate for
Youve received two job offers from the same employer that only vary on the following dimensions. Assume you have a 25% marginal tax rate for both options. Option 1: Your employer will pay $7,500 towards any qualified tuition for graduate level courses. Option 2: Your employer will offer you one additional week off a year (five working days out of 300 total working days). Required: What is the minimum pre-tax weekly wage (work week equals five days) you must earn for option 2 to offer at least the same benefit as option 1?
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