Which of the following is always a true statement?
a.
total employee benefits - total job expenses = total employment compensation
b.
gross pay + total job benefits = total employment compensation
c.
gross pay - total job expenses = total employment compensation
d.
total job benefits - total job expenses = total employment compensation

The true statement is “Total job benefits - total job expenses = total employment compensation”. Statement (d) is correct.

Further explanation:

Given:

The statements are as follows,

(a). Total employee benefits - total job expenses = total employment compensation

(b). Gross pay + total job benefits = total employment compensation

(c). Gross pay - total job expenses = total employment compensation

(d). Total job benefits - total job expenses = total employment compensation

Explanation:

Employee benefits include several kinds of advantagethat are provided to employees. It is not a part of salary.

Examples of employee benefits are House Rental Allowance, sick leaves, maternity leaves, pensions.

Total job expenses are the total amount that is paid for all the employees’ salary and employee benefits.  

The true statement is “Total job benefits - total job expenses = total employment compensation”. Statement (d) is correct.

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Answer details:

Grade: High School

Subject: Mathematics

Chapter: Employee Benefits

Keywords: Total job benefits, total employment compensation, total job expenses, Gross pay, Total employee benefits, statement, true, employees, wages, salary, net pay.

The following is always a true statement: d.  total job benefits - total job expenses = total employment compensation

Employee benefits are include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

Examples of these benefits include: housing with employer-provided or employer-paid, furnished or not, with or without free utilities; group insurance such as health, dental, life etc. disability income protection; retirement benefits; daycare; tuition reimbursement; sick leave; vacation (paid and unpaid); social security.

Total job expenses or total employment cost is the actual amount paid for all employee wages and benefits. This includes wages, salaries, commissions, employer match of taxes such as social security and Medicare.

Whereas the total compensation statements give employees information on the complete pay package awarded to them on an annual basis, including  direct and indirect compensation.

The amount of total employment compensation employee have is their total compensation (benefit) minus total job expenses.

Grade:  9

Subject:  mathematics

Chapter:  Social aritmethic

Keywords: total employee benefits,  total job expenses , total employment compensation, gross pay, Employee

step-by-step explanation: