an employee has an annual salary of $48,700. they receive $1,530 in health insurance and $2,810 in paid time off per year. they
drive their personal vehicle for work which costs them $500 per month, but the company reimburses them $0.53 per mile for the total work miles driven. if the employee drives 9,000 miles for work for the year, what will be their total employment compensation?
Annual salary = 48, 700 Health Insurance= 1530 Paid time off= 2810
Employment compensation= Annual salary+Health Insurance + Paid time off = 58700+1530+2810 = 53,040 Expenses= Vehicle cost per year- reimbursement =(500*12)-0.53*9000 =6000-4770 =1230 per year Total compensation= 53,040-1230 = 51810 dollars