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A: A balanced scorecard is a performance management report which provides feedback on internal business…
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- Please show work (no excel)Please do not give solution in image format thanku Explain the advantages and disadvantages of the thee methods of base pay determination. Refer Chapter 4 posted4 As the new Accountant, you were reviewing the payroll system of the company. You noticed that supplementary compensation is mingled with regular compensation. Which should form of regular compensation? Group of answer choices Overtime pay ranging from Php 1,000 to Php 10,000 Fixed transportation allowance of Php 50.00 per day Commission of 5% based on collections Profit-sharing
- Mr Paul Makatle is an employee at a clothing factory The following deductions anre made from his gross monthly salary: • 7,5% of his gross monthly salary for pension fund contributions • UIF (Unemployment Insurance Fund) of 1% of bis gros monthly salary • PAYEPay as you earn) tax as per tax bracket Use the salary advice below which Mr Makatle receives for December 2020 to answer the questions that follow. SALARY ADVICE PAYMENT DATE EMPLOYER PERIOD Fusion Industries PO Box 4325 10 31/12/2020 Bramley 2000 Name of Employee: Mr Paul Makatle Identity number: 670914 5234 086 Empicyee number: 2007041235 Bank & Account Number on Medical Ald: Adult: 2 Children: 1 nr: Pension Nr: Tax Number: ABSAXXXXXXXXX 78554902 538672901 Xxxx2435 DEDUCTIONS INCOME Basic Salary R 8 236,00 PAYE R 402.45 UIF R 82,36 Pension Fund R 617,70 Medical Aid contribution R 1 764,00 TOTAL DEDUCTIONS R 2 866,51 R 8 236 NET SALARY GROSS SALARY IRP5 PARTICULARS-cumulative year to date R 82 360,00 Total Employee's Tax…Bonus and profit sharing plan are O a. Variable pay. O b. Fixed pay O c. Employee benifits O d. Base pay“An organization is formed to accomplish a specific mission. To do this, it must attract and hire people whohave certain knowledge, skills, aptitudes, and attitudes. To attract and retain such people, the organizationprovides rewards” (Henderson, 2006). QUESTION(A) Discuss any two (2) compensation components (B) Discuss any two (2) benefits components that must be considered to ensure that the right candidate is retained in the right job position
- Q. As an associate member of the institute of human resources, you have been invited to give a Presentation on employee benefits. Briefly outline your presentation under the following subheadings1. Justification for employee benefits2. statutory benefits and their importance3. Factors considered in benefit planning4. d)Effective administration of benefitsWhat Factors Determine the Level Payment? What are the Definitions and Examples of How to Evaluate work? How to Organize and Create Competitive Payment Plan? How to Set a Payment for Managerial and Professional Jobs? Explain it comprehensive and provide examples What is the difference Between Payment Based Plans Competence and Traditional As one of the indicators of satisfaction in work is difficult to understand, because the views of the employees regarding direct rewards appears to be very subjective and is something typical in the industry. But basically with the presence of injustice in giving wages is a sources of employee dissatisfaction with compensation existing ones. Explain the strategies that must be done by corporate management so that there is no dispute related to wages, compensations and incentives and facilities provided by company employees Intended How indonesia's hr development strategyin the future globally and COMPETITIVEAdvantage? How to step in formulating a…Subject:( Enterprenurship ) Question no 1 Explain Motivation and compensation with different examples.
- Q3. What are the key components of a comprehensive payroll management system?Basics of Productivity Measurement Holbrook Company gathered the following data for the past two years: Base Year Current Year 1,140,000 920,000 $15 Output Output prices Input quantities: Materials (lbs.) Labor (hrs.) Input prices: Materials Labor Required: 184,000 92,000 Materials productivity ratio Labor productivity ratio Feedback $5 $8 Holbrook Company Productivity Profile Base Year 1. Prepare a productivity profile for each year. If required, round your answers to two decimal places. 5 10 1,140,000 570,000 $15 1 $6 $8 Current Year 2.003. Create a pay structure (clearly label everything) a. Use the market pay and point data b. Draw a market line and pay line Use the LEAD approach to pay d. Draw six pay grades С.