Employee Benefit HW

Ali has worked at a fashion magazine for the last 5 years. Her current annual salary is $64,000. When she was hired, she was told that she had 4 days of paid vacation time. For each year that she worked at the magazine, she would be gain another 3 days of paid vacation time to a maximum of 26 days. How many paid vacation days does she now get at the end of 5 years employment?

• 16

• 19

• 20

• 4

Martha's employee benefits include family health care coverage. She contributes 18% if the cost. Martha gets paid biweekly and $108.00 is taken out of each paycheck for family health care coverage. How much does her employer contribute annually for the family coverage?

• $2,808

• $3,900

• $15,600

• $12,792

Rachel contributes 20% of the cost of her individual health care. This is a $38 deduction from each of her weekly paychecks. What is the total value of her individual coverage for the year?

• $1,976

• $9,880

• $5,250

• $15,250

Maya works at Food For Thought magazine. Her employer offers her a pension. Maya's employer uses a formula to calculate the pension. Retiring employees receive 2.1% of their average salary over the last four years of employment for every year worked. Maya is planning on retiring at the end of this year after 20 years of employment. Her salaries for the last 4 years are $66,000; $66,000; $73,000; and $75,000. Calculate Maya's annual pension.

• $70,000

• $1,470

• $29,400

• $1,533

In Ben's state, the weekly unemployment compensation is 55% of the 26-week average for the two highest-salaried quarters. a quarter is three consecutive months. For July, August, and September, Ben earned a total of $22,400. In October, November, and December, he earned a total of $22,800. Determine Ben's weekly unemployment compensation.

• $12,430

• $17,384.62

• $9,561.54

• $956.15