In addition to wages you will pay to a new employee, other costs will be incurred. For this assignment, determine the total cost of one new employee.

• What is the annual salary of this new position? How did you arrive at this amount.
• What is the benefit package you would offer this new employee? What is the cost of this benefits package?
• What is the total cost of one employee: salary + benefits (financial and non-financial benefits?
• How does this salary and benefit package benefit both the employee and the business?

This should be in a word document; APA formatted, using Times new Roman 12 point font, and includes at least two references backing up your assertions.