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mote1985 [20]
2 years ago
13

What are the disadvantages for an employer of paying employees piece rate or commission

Business
2 answers:
DIA [1.3K]2 years ago
7 0

Answer:

Disadvantages of Piece-Rate Pay:

Ruined Creation  

It's for all intents and purposes difficult to anticipate how much item can be made inside a set time under this framework, in light of the fact that the framework doesn't effectively fit directing and empowering a creation line.  

Wiped out or Harmed Laborers  

Working for piece-rate pay implies that laborers may come to work when they are sick, in this manner taking a chance with the strength of their colleagues. This could close down or truly diminish creation yield. Also, contingent upon the materials and hardware, if laborers are working too rapidly trying to create more, laborers might harm themselves, which could open up the organization to risk.  

Diminished Quality

At the point when the emphasis is on amount, the yield the quality may endure. Such a framework requires devoted workers who are resolved to gain proficiency with their specialty altogether and afterward to expand the yield. Representatives are human, be that as it may, and it very well may be hard to work at a fast pace over a long span. This can imply that representatives may keep on working at a quick pace yet that creation may deliver things of decreased quality.

Disadvantages of Commission Pay:

Turns out to be excessively centered around gaining commission  

Profoundly energetic sales reps can gain a ton of cash, however at times, they can turn out to be excessively centered around the commission. They will neglect to completely clarify their items or administrations to potential clients. Rather than producing a deal, they can demoralize individuals from purchasing their contributions. The equivalent goes for excessively forceful deals techniques wherein new clients might be killed by a lot of hard selling and other high-pressure strategies.  

Influences group elements  

Commission-based compensation can likewise influence the elements of a group. Working with associates who procure much more than you do can trigger negative feelings. For example: jealousy and disdain.

Explanation:

A piece-rate pay system implies that the specialist is paid per unit of creation. Regardless of whether the "unit of creation" is an earth pot or a piece of composing, an individual is paid by singular yield, regardless of to what extent it takes. In spite of the fact that from the outset working by piece-rate may appear to be simpler, the piece-rate pay system has focal points and hindrances that you ought to consider.

Commission alludes to the pay paid to a representative in the wake of finishing an assignment, which is, frequently, selling a specific number of items or administrations. Organizations differ in the manner they set and pay commissions. One way is the level commission wherein the worker gets a rate or rate on any deal that the person makes. The other way is inclined commission wherein the rate increments when the representative produces more deals or arrives at higher targets.

vlada-n [284]2 years ago
5 0

Reduced Quality, Hindered Production, and Workers May Come To Work When Sick

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ROE is computed as: A. Net income attributable to controlling interest / Average equity attributable to controlling interest B.
Korvikt [17]

Answer:

The correct answer is E

Explanation:

ROE termed as or stand as Return on Equity, which is described as the  profitability ratio that evaluates the firm ability for generating the profits from its shareholders investment in the company or firm.

The formula to represent ROE is value of Net Income attributable to the equity shareholders.

ROE = Net Income agter Taxes / Shareholders Equity

And there is one more formula which is a disaggregation of ROE into the non- operating as well as operating components, which is as:

ROE = [ROE +(FLEV × Spread)] x NCI

Therefore, option A and C are correct.

6 0
3 years ago
As a new​ controller, reply to this comment by a plant​ manager: "As I see​ it, our accountants may be needed to keep records fo
fiasKO [112]

Answer: Accountants play major role in firms in handling financial records and auditing. Managers know financial information based on either background knowledge or learning on the job

Explanation:

The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.

6 0
2 years ago
TUMI brand briefcases are very expensive, high-end briefcases that are generally sold in specialty luggage shops. Which of the f
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B. Executives

Explanation:

Option E is wrong. Students do not need high-end briefcases for school or other tasks.

Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.

Option C is false. Construction workers cannot afford expensive briefcases.

Option A is not correct. Police officers have not necessary to have those briefcases.

Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.

7 0
3 years ago
After hiring 151 units of the variable input, labor, a firm determines the MFC to be $.30 and the MRP to be $.33. The firm shoul
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Option (c) is correct.

Explanation:

Labor (Variable input) hired = 151 units

After hiring this much units of labor, a firm incurred:

Marginal cost of hiring (MFC) = $0.30 and marginal product of labor (MRP) = $0.33

The firm continuing hiring new labor until the point at which marginal cost of hiring labor is equal to the marginal product of labor.

In this case, MFC is less than the MRP, so firm should increase the use of labor till the MFC becomes equal to the MRP.

7 0
2 years ago
encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of impor
NARA [144]

Answer:

lower the prices of imported components

Explanation:

In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions.  As a result, the pricing of the items they send back to the United States are lower.

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2 years ago
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