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3 years ago

A company is using a ______ pay structure in which more efficient workers earn higher wages.

2 answers:

8 0

The answer to this question is Differential rate
This type of pay structure is used to encourage each worker to improve their own productivity.
Not only that, this structure also make employees feel valued by giving more contribution which will also improve employees' loyalty

VARVARA [1.3K]3 years ago

4 0

A company is using a differential rate pay structure in which more efficient workers earn higher wages.

Further Explanation:

Differential pay:

Differential pay is a budgetary term that alludes to additional cash earned by a representative for working a specific move. Representatives regularly get additional remuneration for working "off" shifts, for example, night move or third move.

Pay differential mean:

A pay differential, which is likewise called a repaying wage differential or an evening out distinction, is characterized as the extra measure of pay that a given specialist must be offered so as to rouse them to acknowledge a given unwanted activity, with respect to different occupations that laborer could perform.

Differential pay required:

While the FLSA carefully screens workers' profit, it doesn't expect managers to give move differentials or premium compensation for medium-term, end of the week or occasion shifts. Along these lines, businesses are allowed to set up arrangements on move differentials as required, as long as they meet the lowest pay permitted by law and extra time law.

Geographic differential pay:

A geographic compensation differential is extra pay paid to a worker to represent varieties in expense of work or potentially average cost for basic items between areas. A few organizations use typical cost for basic items (e.g., cost of products and enterprises) as a factor to decide geographic compensation differentials.

Subject: business

Level: college

Keywords: Differential pay, Pay differential mean, Differential pay required, Geographic differential pay.

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Some one can answer pls?

olga_2 [115]

The prospect of greater market share and setting themselves apart from the competition is an incentive for firms to innovate and make better products. But no firm possesses a dominant market share in perfect competition. Profit margins are also fixed by demand and supply.

A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales.
Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.
The market structure is the conditions in an industry, such as number of sellers, how easy or difficult it is for a new firm to enter, and the type of products that are sold.

Hope this helps:)

8 0

4 years ago

Which of the following is one of the three standard sections of a governmental comprehensive annual financial report?

HACTEHA [7]

Answer:

a) Statistical.

Explanation:

The three standard sections of a governmental comprehensive annual financial report are:

Introductory
Financial: includes financial statements and notes
Statistical: include statistical data about relevant financial information and trends, and how they relate to government activities

7 0

3 years ago

Bennett Co. has a potential new project that is expected to generate annual revenues of $253,100, with variable costs of $140,00

Vlad [161]

Answer:

Hence, the annual operating cash flow is: $44860

Explanation:

Year 0 Year 1

Initital investment

Inflows $253,100

variable costs ($140,000)

fixed cost (53800)

Depreciton ($23,200)

Interest expense ($19,500)

Net cash inflows $16600

Tax at 40% ($6640)

Net Cashinflows after tax $9960

Add Depreciation $23,200

Interest net of tax $11.700

Operating cashflows $44860

Hence, the annual operating cash flow is: $44860

5 0

3 years ago

Sven goes to a bar, drinks eight shots of bourbon, and then goes to an electronics store, where he buys a large flat-screen TV f

Lelu [443]

Answer:

The correct answer is: he lacked the mental capacity to enter into the contract.

Explanation:

A person may ratify a contract that he or she established while intoxicated after becoming sober, and therefore become fully responsible for it. Though, if that person wants to reject the contract, proof of mental lack of capacity must be provided to dissolve the contract and any responsibility inherent.

8 0

3 years ago

Tyrion is compensated by his company under a straight commission plan. He receives 10 percent of the total sales revenue per wee

larisa [96]

Answer:

Salesperson compensation

Explanation:

According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.

This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.

In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.

8 0

3 years ago