If the adjusted salary is equal to or greater than ___% of the next highest step, the employees pay will be adjusted to the higher step
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If the adjusted salary is equal to or greater than ___% of the next highest step, the employees pay will be adjusted to the higher step
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- Jackson and Dal both start working as "attendees" at the new full-service carwash, each starting at the same pay rate. Jackson gives the customer exactly what they request and is a friendly employee. Dal is very open and approachable and his shifts usually find the carwash selling more "extras" to the customers, such as upholstery detailing. Based on this, you could say that: Multiple Choice Dal has a higher use value than Jackson. Jackson has a higher exchange value than Dal. Jackson has a higher use value than Dal. Dal has a higher exchange value than Jackson.The owners of a small manufacturing concern have hired a vice president to run the company with the expectation that he will buy the company after five years. Compensation of the new vice president is a flat salary plus 75% of the first $150,000 profit, and then 10% of profit over $150,000. Purchase price for the company is set at 4.5 times earnings (profit), computed as average annual profitability over the next five years. a.Plot the annual compensation of the vice president as a function of annual profit. b.Assume the company will be worth $10 million in five years. Plot the profit of buying the company as a function of annual profit. c.Does this contract align the incentives of the new vice president with the profitability goals of the owners?Which of the following criteria does not impact the amount of benefits a person receives from the their GI bill. A. What branch you served in B. When you served C. whether you attend school part time or full time D. How long you served
- wages are the major element of cost in the economy accounting for 70% of all input cost true or falseSome of the risks and pitfalls of implementing a multisource feedback include: Stock value may drop Negative feedback may hurt employees’ feelings Raters may be overloaded All of the aboveWhen large-scale redundancies are announced, it is common practice for a firm to consult with employees’ representatives (usually, trade unions) to agree a rational basis on which to make the redundancies. Several sets of criteria are in common use: (1) FIFO (First In, First Out), is less frequently used but is often attractive where there are many long-standing employees at the top of their pay scale, hence their leaving will significantly ease the salary bill; (2) LIFO (Last in First Out) is often seen as fair in that those employees who have been with the company the least length of time have less personal stake in the company; (3) Measured Employee Performance is based on the view that the firm would prefer to keep the best workers; and (4) Commitment, often measured in terms of disciplinary record is also based on an argument that the organisation will try to keep people who will work well.1. Which of the above options is the most ethical choice, and why, Explain?
- When large-scale redundancies are announced, it is common practice for a firm to consult with employees’ representatives (usually, trade unions) to agree a rational basis on which to make the redundancies. Several sets of criteria are in common use: (1) FIFO (First In, First Out), is less frequently used but is often attractive where there are many long-standing employees at the top of their pay scale, hence their leaving will significantly ease the salary bill; (2) LIFO (Last in First Out) is often seen as fair in that those employees who have been with the company the least length of time have less personal stake in the company; (3) Measured Employee Performance is based on the view that the firm would prefer to keep the best workers; and (4) Commitment, often measured in terms of disciplinary record is also based on an argument that the organisation will try to keep people who will work well.1. Which of the above options is the most ethical choice, and why?This is a decision made or course of action taken when faced with a set of alternatives. O Cost O Choice O Outcome O OpportunityA man gets a rise of 10% in salary at the end of his first year of service, and the further rises of 20% and 25% at the end of the second and third years respectively. The rise in each case is being calculated on his salary at the beginning of the year. To what annual percentage increase is this equivalent?
- You are working as a Project Manager in a construction company. Due to the impact of COVID-19, inflation and the economic downturn, the cost of the project had increased significantly, including the material and worker cost. The company had requested you to study on the possibility of applying for Variation Order from the client. Determine and explain any possible effect to the company should you fail in getting the Variation Order. You can use scenario to enhance your explanation.Answer all the questions 1-6 at the bottomWho Goes, Who Stays? The consulting firm you have worked for over the last year is having some financial troubles. The large contracts it once had are slowly going away, and as your company struggles to make payroll, it is clear that layoffs must occur. The sales staff has not been meeting the sales goals set for them, resulting in incorrect budgets. It has been decided that at least three people in the sales department should be laid off. You create a spreadsheet with pertinent sales employee data: (Kindly see picture) 1. Making reasonable assumptions, develop criteria for the layoffs in the sales department. 2. Develop a plan as to how layoffs will be communicated with the individual as well as within the company. 3. Discuss strategies to motivate those sales employees who stay with the organization.