In preparing a budget,the nurse manager needs to anticipate the cost of benefits (e.g.,health,life insurance,pension,and retirement plans).On the basis of the usual cost of benefits,how much should a nurse manager include for a total full-time salary cost of $312,000?
A) $71,760 to $84,240
B) $62,400 to $78,000
C) $46,820 to $62,400
D) $31,200 to $46,800

Question

Quizplus · Accepted Answer

Benefits typically cost an employer about 23% to 27% of the total salary cost. For a total full-time salary cost of $312,000, 23% of $312,000 is $71,760, and 27% of $312,000 is $84,240.

In Preparing a Budget,the Nurse Manager Needs to Anticipate the Cost