All categories

3 years ago

When longer-term employees' salaries are lower than those of workers entering the firm today, ______ has occurred.

Business

1 answer:

Leona [35]3 years ago

8 0

Answer: Salary compression

Explanation:

Salary compression is a situation that occurs when there is a negligible differences in pay between the workers in an organization despite the experience and skills level.

It usually occurs when the pay of the current employees that are working with a company does not keep up with the rise in market pay rate thereby giving rise to a situation whereby new employees are employed at a identical pay or better pay to those that have been at the organization.

You might be interested in

Northfield Casino is considering converting the Polsky Building at University of Akron into a state-of-the-art gaming parlor. Th

Maurinko [17]

Answer:

d. 3 Years.

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = amount invested / cash flow

$75,000,000 / $25,000,000 = 3 years

I hope my answer helps you

4 0

4 years ago

Based on the video, which economic theories were most

Alexandra [31]

The economic theories that were most clearly applied by the Federal Reserve in response to the economic crisis were based on the theories of Keynes and Friedman.

<h3>
What were the theories of Keynes and Friedman?</h3>

They both believed that aggregate demand can be influenced by government policies and help an ailing economy to recover.

Hence, we can see that from the complete information, the Federal Reserve made use of their theories to intervene and they did this by the use of monetary policy to increase the money supply.

Read more about Keynes and Friedman here:

brainly.com/question/3763180

#SPJ1

7 0

2 years ago

If an industry consisting of two firms produces a total of 12 units, the market price is $10. If 13 units are produced, the pric

mixer [17]

Answer:

d) $3: $6

Explanation:

The computation is shown below:

Before the one firm cheats, the firm revenue is

= $10 × $6

= $60

Before the one firm cheats, the firm revenue is

= $9 × $7

= $63

No cheating firm's revenue

= $9 × $6

= $54

Now in case of cheating, it is

= $63 - $60

= $3

And, in the case of non cheating, it is

= $60 - $54

= $6

7 0

4 years ago

Which of the following is a type of tort?

Scrat [10]

Answer:

Explanation:

6 0

3 years ago

Read 2 more answers

You are comparing two annuities with equal present values. The applicable discount rate is 6.5 percent. One annuity will pay $2,

MAVERICK [17]

Answer:

the annual payment for the second annuity is $2,130 paid at end of every year

Explanation:

We have following information for 1st annuity:

Rate: 6.5%

Payment (PMT): -$2,000, paid at beginning of every year

Tenor (Nper): 20 years

We use excel to calculate the present value of annuity = PV(rate,Nper,PMT,,1)

=PV(6.5%,20,-2000,,1) = $23,469

Then we calculate the payment for 2nd annuity = PMT(rate,Nper,PV,,0)

=PMT(6.5%,20,23469,,0) = -$2,130

Download xlsx

4 0

4 years ago