Question 812449: Donivan Tech is offering her a full- time manage-ment position at a yearly salary of $ 50,310. Sharon estimates that she will work an average of 45 hours per week when she considers the extra work commitment required for managers. The commute of 45 miles a day will be about five hours a week in driving. She estimates that payroll deductions will be 15% of her gross salary. Job 2: J & R Financial Group is offering her a part- time position as an assistant manager. The work schedule would be 6 hours per day, 5 days a week at an hourly rate of $ 20.50. The commute of 5 miles a day will be about one hour a week in driving. Due to the reduced work schedule, she calculates that payroll deductions will only be 12%, and daycare, after- school program, and other expenses will all be reduced by $ 25 per week.
1. Donivah Tech Gross earnings per week: $50,310/52= $967.50 per week. Hourly wage for a 45-hour work week: $21.50
2. J&R Financial Group Gross earnings per week: (x=5) $20.50*6x =$615.00 per week. Yearly gross earnings: $31,980.
3. Based on Sharon’s gross income, $20.50 pays higher hourly rate. The rate is $1 per hour higher.
4. (a) Calculate yearly job-related expenses for position at Donivan tech. Be sure to include payroll deductions.(b) job-related expenses would account for what percentage of Sharon’s gross yearly earnings?
(a)
5. (a) Calculate the yearly job- related expenses for the position at J&R Financial Group. Be sure to include payroll deductions. (b) Job-related expenses would account for what percentage of Sharon’s gross yearly earnings?
6. For each of the positions, what is Sharon’s net employment income per year? Per week? Per hour? (a) Donivan Tech (b)J&R Financial Group
7. 7.Which job do you think Sharon should take? Why?
Answer by richwmiller(17219)   (Show Source):
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