The salary of the chief increased 7% while everyone else received a 5% increase. FICA is...
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The salary of the chief increased 7% while everyone else received a 5% increase. FICA is 12.4% and Medicare is 2.9% for all employees. Only consider employer contributions to FICA and Medicare. The cost of health insurance increased 5%. The cost of uniforms increased 2%. The firefighter's pay range is $60,000.00-$80,000.00. You will pay the new firefighters (2a) $70,000.00 The new firefighters (2a) will receive the same benefits package as the other FY 2020 employees. Cost of training the new firefighters is $6,000 per employee. The pension rate in FY 2021 is the same as it was in FY 2020. The clerical staff member works a half day schedule 12 months per year (.5 FTE). Complete the FTE column. The salary of the chief increased 7% while everyone else received a 5% increase. FICA is 12.4% and Medicare is 2.9% for all employees. Only consider employer contributions to FICA and Medicare. The cost of health insurance increased 5%. The cost of uniforms increased 2%. The firefighter's pay range is $60,000.00-$80,000.00. You will pay the new firefighters (2a) $70,000.00 The new firefighters (2a) will receive the same benefits package as the other FY 2020 employees. Cost of training the new firefighters is $6,000 per employee. The pension rate in FY 2021 is the same as it was in FY 2020. The clerical staff member works a half day schedule 12 months per year (.5 FTE). Complete the FTE column.
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Lets break down the calculations step by step 1 Increase in Chiefs salary 7 If the Chiefs salary was ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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