Depending on how well they performed financially, employees of a media organization receive financial incentives at the conclusion of the fiscal year. This is a strategy for tying pay to performance metrics.
<h3>What connection exists between compensation and performance evaluations?</h3>
Performance reviews are helpful in evaluating employee compensation packages. Depending on how well an individual performs, their compensation package may include bonuses, increased hourly rates, additional benefits, and allowances.
<h3>Should pay be contingent on performance?</h3>
One of the best ways to encourage your workers to produce their best work and the behavior you want to see in them is to link performance to reward. Sales-based occupations in particular are frequently compensated using performance-based strategies.
<h3>What benefits do performance-based compensation programs offer?</h3>
When pay for performance is in place, poor performers may leave the company more frequently, but over time turnover dramatically decreases as pay rises and employee engagement rises. After the approach has been fully adopted, we usually notice a 50% decrease in turnover or more.
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Answer:
1. 8.56%
2. 18.74%
3. 14.22%
4. 10.85%
Explanation:
Effective annual rate = (1 + periodic interest rate) ^m - 1
M = number of compounding per year
1. (1 + 0.083 / 4 ) ^ 4 - 1 = 0.085619 = 8.56%
2. ( 1 + 0.173 / 12)^ 12 - 1 = 0.187399 = 18.74%
3. (1 + 0.133 / 365)^ 365 - 1 = 0.1422 = 14.22%
4. For continuous compounding = e^r - 1
e = 2.7182818
e^0.103 - 1 = 0.108491 = 10.85%
I hope my answer helps you
The answer is trying-to-consume model.
The trying-to-consume model is intended to account for situations in which the action or outcome is wanted but not known, and it depicts the consumer's attempts to consume, whether successful or not.
What is trying-to-consume model?
- Trying to consume, in general, focuses on a goal that a consumer seeks but may fail to pursue or attain due to various assumptions of abilities to reach the objective.
- It comprises of a person's knowledge or impression of a few items or services based on personal experience or relevant information obtained from numerous sources. This information generally leads to consumer perceptions and particular action.
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Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
Answer:
Attached is the complete questions containing the missing variables:
The activity rates for each activity are stated thus:
Cutting activity rate =$24/cutting hour
Assembly activity rate =$40/ assembly hour
Inspecting activity rate =$20/ inspecting hour
Reworking activity rate=$75/reworking hour
Explanation:
Cutting activity rate =$225600/(4000+5400)=$24/cutting hour
Assembly activity rate =$300000/(2850+4650)=$40/ assembly hour
Inspecting activity rate=$67500/(945+2430)=$20/ inspecting hour
Reworking activity rate=$45000/(150+450)=$75/reworking hour
Obviously you did not include the overheads incurred for each activity in your question,but I have the overhead for each activity in the attached full question with which I computed the required overhead activity rates
