Sue has worked for Yellow Corporation for four and one-half years, but she has an offer to

Question:

Sue has worked for Yellow for four and one-half years, but she has an offer to move to Red for a moderate increase in salary. Her average salary for Yellow has been $210,000, and she receives a 2% benefit for each year of service in her retirement plan. The company uses a five-year vesting schedule. Advise Sue as to this possible switch in jobs.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...