This table shows the staffing and pay rates of the Marshall City Fire Department: Employee Grade Number
Question:
This table shows the staffing and pay rates of the Marshall City Fire Department:
Employee Grade | Number in Grade | Salary |
Chief | 1 | $105,000 |
Shift Commander | 3 | 70,000 |
Firefighter 1 | 12 | 39,000 |
Firefighter 2 | 26 | 30,000 |
Clerical (part-time) | 3 | 15,000 |
The city is part of the federal Social Security system. The city and the employee each pay Social Security payroll taxes of 6.2 percent of all salary paid up to $90,000 per employee to finance federal retirement and disability insurance and 1.45 percent of all salary paid to finance Medicare. The city pays a portion of the cost of health insurance for each full-time employee, an amount equal to $180 per month. Employees are part of a pension system financed by a city payment of 20 percent of the employee’s salary ad an employee payment of 5 percent of the employee’s salary. Full time employees receive an allowance for uniforms of $750 per year.
Estimate the City’s full cost of fire department labor during the fiscal year, assuming no change in staffing. Separate that cost into salary and fringe-benefits components.
The Economics Of The Environment
ISBN: 9780321321664
1st Edition
Authors: Peter Berck, Gloria Helfand