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in october 2005, a company employs 8500 people and its total monthly wage bill is 11.9 million dollars. what is the average monthly wage of the company's employees?

Respuesta :

Average monthly wage : 1400 dollars.

The company is growing at a rate of 25 employees per month.

The total monthly wage bill is increasing at a rate of 300 thousand dollars per month.

What is average monthly wage?

The amount a person makes each month is their average monthly income. You may determine how much money you have available each month after taking off deductions like federal or income taxes by using your typical monthly income.

the meaning of. average salaries The ratio of the average usual weekly hours per full-time employee to the average usual weekly hours for all employees is used to calculate average earnings by dividing the total wage bill based on national accounts by the average number of employees in the entire economy.

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