Examlex

Solved

Jamal, Age 52, Is a Human Resources Manager for Triple

question 1348

Essay

Jamal, age 52, is a human resources manager for Triple W Company. His annual salary is $110,000 and he receiv following fringe benefits during the current year:
• Triple W pays for all employees' health and accident insurance. Triple W pays $7,000 for Jamal's health insura during the year.
• Triple W provides Jamal with group- term life insurance coverage of $200,000 during the year. The monthly in amount per $1,000 of coverage is $.23.
• Triple W has a flexible benefits plan in which employees may participate to pay any qualifying medical costs n reimbursed by their health insurance. Jamal has $1,600 withheld from his salary under the plan. During the year receives reimbursements of $1,300.
• Triple W pays parking costs for all management employees. Jamal's parking costs $ 300 per month.
• Triple W pays Jamal's annual membership dues of $450 to the Society of Human Resource Management Assoc The company also subscribes to several management journals for Jamal costing $650 a year.
• Jamal took a college class on financial accounting and Triple W reimbursed his tuition of $6,000 through its tui assistance program for all employees.
• Jamal's consumption of coffee provided by Triple W is estimated at $50 a year.
How much income must Jamal report from his job?


Definitions:

Social Changes

Shifts in the structure or culture of a society over time that influence the way individuals or communities interact and function.

Behavioral Changes

Alterations in an individual's actions or reactions, often as a result of learning, experience, or environmental influences.

Childbirth Customs

The practices, rituals, and beliefs associated with the process of giving birth, which vary widely across different cultures and societies.

Cervix

The lower part of the uterus in the female reproductive system, connecting the uterus to the vagina and playing crucial roles in menstruation and childbirth.

Related Questions