Question: 1 Cost out these packages given the data in Exhibits

1. Cost out these packages given the data in Exhibits 1 and the information obtained from various insurance carriers and other information sources (Exhibit 4).
Exhibit 1: Current compensation costs
Average yearly wage............... $26,769
Average hourly wage............... $13.12
Dollar value of yearly benefits, per employee....... $8,923
Total compensation (wages plus benefits) ......... $35,692
Daily average number of hours paid......... 8.0
Benefits (by category) ............... Dollar cost/Employee/year
2. Which package should you recommend to Jacobs? Why?
3. Which of the strategies do you think will require less input from employees in terms of their reactions?

View Solution:


Sale on SolutionInn
Sales28
Views931
Comments
  • CreatedSeptember 15, 2015
  • Files Included
Post your question
5000