Answer:
profit sharing
Explanation:
profit-sharing plan can be regarded as retirement plan which is designed to let an employee to have a share in the profits of a firm. In this particular plan some percentage of the profit made by the company,firm can be received by the employee using the quarterly or annual earnings of the employee as the basis.
Answer:
d. Use realistic job previews as part of the recruiting process.
Explanation:
The healthcare organisation is having high employee turnover in its elder care facility. This is because of the physically demanding nature of the job.
There seems to be a communication gap about the nature of the job in the elder care facility, and employees are leaving because they were not given a clear picture of the job description beforehand.
To remedy this the new HR should use realistic job preview when advertising the vacancy. This will ensure employees know what the job entails, and this will reduce staff turnover from unclear expectations.
Answer:
$1, 090.00
Explanation:
The present value is calculated using the compound interest formula
FV = PV × (1+r)n
Where PV = 600
r is 12 % , or 0.01 % per month
N is 60 (15 years x 4 compounds per year)
FV = 600 x( 1 + 0.01 )60
FV =600 x 1.8166966
fv= $1, 090.00
The balance will be $1,090.00