Emersons Efficiency Bonus System of premium payment
Give brief introduction of Emerson's Efficiency Bonus System of premium payment?
Expert
The wages are payable to the workers are calculated as below: Wages =Real Hours X Hourly Rate + Bonus Percentage x Real -Hours X Hourly rate. Following percentage limits are given to compute bonus percentage:
If Efficiency Bonus is:
- Below 66.2/3 % - No bonus is payable. Only definite time wages.
- 66.2/3% to 100% - Bonus is paid at dissimilar percentages rising to 20% at100% efficiency + Time wages
- Above 100% - Bonus @ 20% + 1% bonus for each 1% raise in efficiency beyond 100% Efficiency percentage can be computed on time basis and on output basis. This system is alike to piece rate. This system might be appropriate for non efficient workers for improving their efficiency.
Write down the condition from which securities must be selected?
Give a brief introduction of the term ‘Listed Company’?
Give a brief introduction of the term ‘valuation of receipts’?
Briefly explain the things to avoid while preparing a bank reconciliation statement?
Briefly explain the ethical decision you had to make?
Write down the Distribution and Selling Overheads?
In what effects over stocking avoided?
he following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost
Briefly describe the term labor turnover, its Effects and cost?
Write down the demerits of IFRSs.
18,76,764
1937737 Asked
3,689
Active Tutors
1460326
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!