Answer:
b.The staffing budget is based on a fixed human resources budget
Explanation:
- The staffing budget is the budget that outlines a money plan to be spent on the employees and consists of the largest investment to the organization.
- It acts as an outline plan for the service companies each staff member corresponds to the salary for the employee in the spreadsheet on a weekly, monthly, and yearly basis.
Answer:
It is the Cost of Goods Manufactured that should be transferred to the Finished Goods account. As both of them are asset account, adding to the Finished Goods account would debit it and taking from the Work in Process account would credit it.
Date Account Title Debit Credit
XX-XX-XXX Finished Goods $1,469,000
Work in Process $1,469,000
Answer:
Option (C) is correct.
Explanation:
Productivity of labor refers to the term which is used by the firms for knowing the efficiency of the labor employed into the production of the output.
Productivity is determined by dividing the output of the firm by the inputs used in the production of the goods and services.
Productivity = (Output ÷ Input)
If the productivity of the labor is not achieved as per the company requirement then there is a fall in the labor employment.
Answer with its Explanation:
High employee turnover means that the employee is dissatisfied with his job and wants to leave the company for a better opportunity. This dissatisfaction comes from a lot of factors which might include, poor work conditions, lower wages and salaries, no promotion prospect in the company, etc.
The major problem in the company was the employee attrition which forced John Radcliff to study how we can motivate employees and reduce employee turnover. This led to implementation of better plans which helped in significantly reducing the employee turnover and also was useful in increasing in the employee productivity.
The corrective measures taken are as under:
- Enabling workers to work to adjust themselves in flexible schedules.
- Giving employees chance to form an opinion on the issues and appreciating better suggestions.
- Introduction of employ-ability programs (Training programs) which will not only help the employee future prospect in the company but also in the future company they would join.
- Meeting the basic needs and fulfilling the dreams of the employee to motivate them and increase productivity.
The Herzberg Motivation Factors are similar to the above mention implementation of corrective actions. The inclusion of esteem satisfaction program, basic needs fulfillment, training programs are all the factors that Herzberg Motivation Theory says to implement in the organization and I think it is most appropriate theory to master.
