The division of your company that you oversee contains 18 employees whose total salary last year was $855,000. The average salary of all company employees with the same level of responsibility and qualifications is $50,000. Is your department above or below the company average?

Question

Quizplus · Accepted Answer

The average salary of a worker in your department is $47,500, which is 5% below the company average. Divide your workers' total salary by the number of workers. There is a $2,500 difference between the average salary in your division and the company's average. $2,500 is 5% of $50,000.

The Division of Your Company That You Oversee Contains 18