Save ED Compensation professionals are called upon to develop and adjust compensation policies to ensure competitiveness by hiring and retaining the best employees Now more than ever compensation professionals are faced with stagnant or shrinking resources, which make their work even more challenging. It is comental that compensation professional understand the location of conts to various components of total compensation as well as the impact of reallocation of resources on the compensation mix Cost Percent Total Compensation 338 100% Wages/Salaries 70% of Total Compensation) Employee Benefits 30% of Total Compensation) Discretionary 76% (of Employee Benefits) Legally Required 24% (of Employee Benefits) Assuming that the hourly total compensation cost is $38 a) The total cost in dollars for wages and salaries is 5 26.60 Round your response to the nearest hondroth place b) The total cost in dollars for all employee benefits is $ 114 Round your response to the nearest hundreds c) The total cost in dollars for discretionary employee benefits is 5866. Round your response to the nearest hundredthe place d) The total cost in dollars for legally required benefits is 5 274 Round your indponse to the nearest undredthede Clear all CG Ask my instructor Copyright persone in reserveren The company wants to increase the discretionary benefits amount per hour by 5 percent, while keeping total compensation per hour al 38 The company will reduce the total cost of wages and salaries per hour in order to cover the discretionary benefits increase amount a) The new total cout in dollars for legally required benottes Round your response to the nearest hundreds place b) The new total cost in dollars for legally required benefits represents % of total compensation cost. Round your response to the nesrout peront c) The new total cost in dollars for discretionary benefits Round your response to the nearest hundredths place d) The new total cost in dollars for discretionary benefits represents of total compensatlan cost. Round your response to the newest percent e) The new total cost in dollars for wages and salaries is Round your response to the nearest hundredthis place. The new total cost in dollars for wages and salaries represents % of total compensation cost Round your response to the nearest percent is Save ED Compensation professionals are called upon to develop and adjust compensation policies to ensure competitiveness by hiring and retaining the best employees Now more than ever compensation professionals are faced with stagnant or shrinking resources, which make their work even more challenging. It is comental that compensation professional understand the location of conts to various components of total compensation as well as the impact of reallocation of resources on the compensation mix Cost Percent Total Compensation 338 100% Wages/Salaries 70% of Total Compensation) Employee Benefits 30% of Total Compensation) Discretionary 76% (of Employee Benefits) Legally Required 24% (of Employee Benefits) Assuming that the hourly total compensation cost is $38 a) The total cost in dollars for wages and salaries is 5 26.60 Round your response to the nearest hondroth place b) The total cost in dollars for all employee benefits is $ 114 Round your response to the nearest hundreds c) The total cost in dollars for discretionary employee benefits is 5866. Round your response to the nearest hundredthe place d) The total cost in dollars for legally required benefits is 5 274 Round your indponse to the nearest undredthede Clear all CG Ask my instructor Copyright persone in reserveren The company wants to increase the discretionary benefits amount per hour by 5 percent, while keeping total compensation per hour al 38 The company will reduce the total cost of wages and salaries per hour in order to cover the discretionary benefits increase amount a) The new total cout in dollars for legally required benottes Round your response to the nearest hundreds place b) The new total cost in dollars for legally required benefits represents % of total compensation cost. Round your response to the nesrout peront c) The new total cost in dollars for discretionary benefits Round your response to the nearest hundredths place d) The new total cost in dollars for discretionary benefits represents of total compensatlan cost. Round your response to the newest percent e) The new total cost in dollars for wages and salaries is Round your response to the nearest hundredthis place. The new total cost in dollars for wages and salaries represents % of total compensation cost Round your response to the nearest percent is