In a recent survey, employees felt that the number one benefit they wish they had that they are not already receiving was an additional sick day for family members. If there are 75 employees, it costs $250 for an employee to be out of work, and 70% of the employees would use that additional sick day, how much money would it cost the company to add this benefit?

$175

Explanation:

From the question, we are told that the employees of a company wanted additional sick day. We are further informed that if there are 75 employees, it costs $250 for an employee to be out of work, and 70% of the employees would use that additional sick day.

The amount of money that it would it cost the company to add this benefit will be:

= 70% × $250

= 70/100 × $250

= 0.7 × $250

= $175

The money that should be the cost of the company to add this benefit is $175

Given that,

The calculation is as follows:

= 70% × $250

= 70/100 × $250

= 0.7 × $250

= $175

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