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Papessa [141]
2 years ago
15

Assume a qualified plan provides eligibility for all employees age 21 and older with 2 years of service. There are numerous key

and highly compensated employees eligible for participation in this plan. What vesting schedule is required?
Business
1 answer:
lyudmila [28]2 years ago
5 0

Answer:

100% vesting upon plan entry

Explanation:

Vesting is a term in retirement that means ownership. Meaning that every employee owns (vest) a certain percentage of the account in their plan for each year.

100% vesting means the employee owns Al of his account, the employer cannot forfeit or take it back for any reason.

A qualified plan providing eligibility for all employees age 21 and older with 2 years of service and highly compensated employees are eligible. This will require 100% vesting upon plan entry

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See below

Explanation:

$10,370 - $340 = $10,030

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2 years ago
The Classical Theory is based on the assumption that an economy has ______________ or, if nudged away, quickly returns to that c
Neporo4naja [7]

Answer:

c. full employment

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2 years ago
Under what circumstances might Costco have to start paying its workers less?
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If for some reason Costco was to suffer from a lawsuit then it would have no choice but to cut the pay rates of their employees. Also, if there was a depression in the economic that caused a dramatic decrease in the stores profit.

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2 years ago
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Many companies moved their operations from new england and the midwest to locations in the south because
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Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.

<h3>Change of operation location from midwest to south</h3>

The major reason why most companies tend to moved their operation to south was to maximize profit.

Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.

This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.

Inconclusion the South had less expensive site factors than northern regions.

Learn more about Change of operation location from midwest to south here:brainly.com/question/503796

8 0
1 year ago
Productivity is output multiplied by worker hours. <br><br> a. True <br><br> b. False
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Answer:

Explanation:true cause more workers more production

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