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3 years ago

Why are employee benefits strategically important to employers and what are some key strategic considerations?

Business

1 answer:

Vilka [71]3 years ago

4 0

Explanation:

Employee benefits are strategically important for employers because this is a strategy for recruiting and retaining good people to work for your company, as qualified employees will be more productive and will more effectively assist in achieving goals and organizational objectives.

However, offering benefits requires a high cost, because the more benefits the company offers, the more expensive the cost of hiring employees, so it is necessary to have a clear communication strategy with employees about the value and cost of benefits received, so that there is a greater understanding of total compensation.

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At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,0

kvv77 [185]

Answer:

Actual units produced: 9,500

Explanation:

actual units x overhead rate - actual factory overhead = underapplied

the underapplied overhead means the actual overhead was greater than applied overhead so we can build the formula as follow:

actual units x r - 39,500 = -1,500

We need to calculate the rate for overhead:

on the budget total overhead:

10,000 fixed + 30,000 variable = 50,000

and units are 10,000

so rate = 40,000 / 10,000 = 4

Now we return to the formula:

actual units x 4 - 39,500 = -1,500

actual units = (39,500 - 1,500 ) / 4

actual units = 38,000 / 4 = 9,500

5 0

3 years ago

When Jenny Jimenez was attempting to pay off $37,000 in debt, how did she decide which cards to pay off first?

zlopas [31]

Jenny Jimenez paid only the minimum required on every credit card, except for the one with the highest interest rate.

This is true, If you put more budget on your payments for the credit card having the highest interest rate, you'll pay the whole balance more quickly. Then, do the same with the other remaining cards, pay the balance which has the highest interest rate.

8 0

3 years ago

The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $2,057. A

cestrela7 [59]

Answer:

Total Manufacturing Cost = $9,347

Explanation:

Total cost for the job 450 is as follows:

Direct material = $2,057

Direct labor = $888 (Note - 1)

Overhead cost = $6,402 (Note - 2)

Total Manufacturing Cost = $9,347

Note - 1: Direct labor = Direct labor-hours × Direct labor wage rate

Given,

Direct labor-hours = 37 hours

Direct labor wage rate = $24 per labor-hour

Direct labor = 37 hours × $24 per labor-hour

Direct labor = $888

Note - 2: Overhead cost = Machine-hours × predetermined overhead rate

Given,

Machine-hours = 194 hours

predetermined overhead rate = $33

Overhead cost = 194 hours × $33 = $6,402

3 0

3 years ago

Oberon buys a Pro Club Health & Fitness, Inc., franchise, which the franchisor later terminates. In determining whether the

Lynna [10]

Answer:

balance the rights of both parties

Explanation:

Based on the information provided within the question it can be said that in a situation like the one being described a court will generally balance the rights of both parties. This is done in order to make sure that both parties are being treated fairly and investigate both sides of the case before making a decision in regards to who is in the right and who is in the wrong.

6 0

3 years ago

How do you define success?

bearhunter [10]

Answer:

if ur happy then ig I could say ur successful

if made it to the top I could say ur successful

if u reached the destination if ur dream I would say ur successful

3 0

3 years ago

Read 2 more answers