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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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Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger annual installment payments of

olganol [36]

Answer:

$4,500

Explanation:

First, calculate the total Installment

Total Installment payment = Annual Installment x Numbers of annual

Where

Annual Installment = $10,500 per year

Numbers of annual = 5 years

Installment payment = $10,500 per year x 5 years

Installment payment = $52,500

Now use the following formula to calculate the Interest payent

Interest payment = Installment Payment - Fair value of contract

Where

Installment Payment = $52,500

Fair value of contract = $48,000

Placing values in the formula

Interest payment = $52,500 - $48,000

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3 years ago

The shifting balance from tangible goods to intangible services has marketing leaders adopting ________ as a guiding principle

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A marketing leaders adopts a service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

<h3>What is service-dominant logic?</h3>

This logic refers to a perspective which introduces a new method for articulating an alternative view of exchange and value creation in the markets.

In conclusion, sometimes, a marketing leaders adopts a service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

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2 years ago

Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?

skelet666 [1.2K]

Answer:

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Explanation:

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3 years ago

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many people consume bread and jam together. As the price of bread to rises what would happen to the demand for jam. explain why

nata0808 [166]

Answer:

bread and jam must be together

Explanation:

when we buy bread we also need the jam, so, if bread was rises jam must follow the bread price..it is because we dont just buy bread..

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3 years ago

Well-functioning markets allow: a. mutually beneficial trades to take place. b. property rights to be unnecessary components of

ASHA 777 [7]

Answer:

a. mutually beneficial trades to take place.

Explanation:

Well-functioning markets allow mutually beneficial trades to take place.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Hence, a well-functioning market such as a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

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3 years ago