What is a resume? ((this is just to reach the character requirement))

due to changes in production, hanson steel gave each employee 75 percent of the cost savings. hanson steel uses a ________ compe

mihalych1998 [28]

Due to changes in production, Hanson steel gave each employee 75 percent of the cost savings. Hanson steel uses a gainsharing compensation plan.

A compensation plan refers to the practices, methods, and intentional approach that's used by an organization in maintaining financial interests and developing, retaining, attracting, and rewarding employees in an industry.

It should be noted that the gainsharing compensation plan refers to a compensation plan that is used to increase profitability as employees share in the company's gain. Since the workers share 75% of the cost savings, this is a gain-sharing compensation plan.

Read related link on:

brainly.com/question/25356534

8 0

2 years ago

Identify the possible reason or reasons for this stark difference between income inequality and consumption inequality. Intergen

Fudgin [204]

Answer:

The richest quintile has the ability to save a larger percentage of its income.
Individuals experiencing temporary fluctuations in their incomes are more likely to maintain moderate spending habits.

Explanation:

First part of this question reads:

In the United States, the richest quintile of the population receives 13 times as much income as the poorest quintile. However, the richest quintile only spends 4 times as much as the poorest quintile.

The richest quantile can afford to save more than the poorest quantile because they get enough income to manage their daily needs and then save. The poorest quantile on the other hand face a daily struggle and so have to spend all or most of their income to survive.

When the richer quantile goes through temporary fluctuations, they maintain moderate spending because they know it is temporary and so they keep saving. This is not the case for the poorer quantiles who have to spend according to their income - regardless of its fluctuating - to survive.

7 0

3 years ago

Hey guys! please help me with this questions.

KiRa [710]

Answer:

1.Business objectives are the specific and measurable results companies hope to maintain as their organization grows. Entrepreneurs and business leaders must track performance in every part of their business to make sure they're moving in the right direction

Explanation:

3 0

3 years ago

You have been working at your job for over a year. your boss starts offering you new assignments with weekly meetings in order t

miss Akunina [59]

I reach my goals im now on a good

8 0

2 years ago

Read 2 more answers

Answer each of the following independent questions.

amid [387]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Alex Meir recently won a lottery and has the option of receiving one of the following three prizes:

(1) $86,000 cash immediately

(2) $32,000 cash immediately and a six-period annuity of $9,200 beginning one year from today

(3) a six-period annuity of $17,400 beginning one year from today.

1)

A) i= 0.06

i) PV= 86,000

ii) First, we need to calculate the final value of the annuity:

FV= {A*[(1+i)^n-1]}/i

A= annual pay

FV= {9,200*[(1.06^6)-1]}/0.06 + [(9,200*1.06^6)-9,200]= 68,023.31

PV= FV/(1+i)^n= 68,023.31/1.06^6= 47,953.75 + 32,000= $79,953.75

ii) FV= {17,400*[(1.06^6)-1]}/0.06 + [(17,400*1.06^6)-17,400]= 128,652.77

PV= 128,652.77/1.06^6= $90,695.13

B) The option with the higher present value is option 3. Therefore, it is the best option.

2) Weimer will make annual deposits of $170,000 into a special bank account at the end of each of 10 years beginning December 31, 2016.

Assuming that the bank account pays 7% interest compounded annually.

FV= {A*[(1+i)^n-1]}/i

FV= {170,000*[(1.07^10)-1]}/0.07

FV= $2,348,796.15

7 0

3 years ago

What is a resume?((this is just to reach the character requirement))