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Brrunno [24]
2 years ago
13

Next year baldwin plans to include an additional performance bonus of 0. 5% in its compensation plan. This incentive will be pro

vided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will baldwin pay its employees per hour?.
Business
1 answer:
galben [10]2 years ago
8 0

Baldwin will pay (D) $29.63 to its employees per hour.

<h3>What is a bonus?</h3>
  • Employees typically receive a bonus payment in addition to their base compensation as part of their wages or salary.
  • While the base compensation is often a predetermined amount per month, incentive payouts may change based on established factors such as annual turnover, the net number of additional customers recruited, or the current value of a public company's shares.
  • Thus, bonus payments can work as incentives for managers, engaging their attention and personal interest in what is perceived as beneficial to the economic performance of their companies.

Consider the following calculations to determine how much Baldwin pays its employees:

  • Total raise = 5% + 0.25% = 5.25%
  • Present wages = $28.15
  • Baldwin will pay = $28.15 × (1.0525) = $29.63

Therefore, Baldwin will pay (D) $29.63 to its employees per hour.

Know more about a compensation plan here:

brainly.com/question/25438234

#SPJ4

The complete question is given below:

Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?

Select: 1

(A) $28.22

(B) $31.04

(C) $28.15

(D) $29.63

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Ayayai Corporation reported net income of $50,700 in 2020. Depreciation expense was $17,900. The following working capital accou
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Answer:

                                Ayayai Corporation

                            Statement of Cash Flows

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When using net present value to compare projects, the total cost approach?
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Producers usually define supply chain charges using the full value of ownership. the total cost of ownership is defined as the aggregate of the acquisition or acquisition fee of a great or carrier. To this, they add the extra expenses incurred earlier than or after the services or products are delivered.

The whole price formulation is used to combine the variable and fixed costs of providing goods to determine a complete. The system is total fee = (common constant value x common variable value) x quantity of gadgets produced. To use this component, you need to recognize the figures for your constant and variable fees.

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Answer:

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