--%>
Assignment Help - homework help

Explain Compensation

Compensation: It is the total cash and non-cash payment provided by an employer to an employee in return for the services rendered to the corporation. Apart from wages and salary, compensation too includes:

• Sales commission,
• Overtime reimburse,
• Bonuses,
• Gain sharing,
• Recognition checks and prizes,
• Non-cash advantages, like company-paid accommodations, some stock options, a company-financed car and other non-cash taxable items.

Value of compensation received by an employee totally depends on a number of factors like the accessibility of relevant skills, the employer’s wish to retain the worker, the profitability of the company, and wages for comparable jobs in the market place.

   Related Questions in Biology

  • Q : Question on sales tax-subsidy policy

    Considering that all firms have identical constant long-run average costs before the sales tax-subsidy policy, what do you assume to happen to the price of product, the output of every firms, and industry output, in the short run & the long run? (Hint: How

    		•
  • Q : Managing Ethics and Corporate Social

    The requirement for this Research paper is 10 pages.  I have already done 7.5 pages, so please fill in another to 3 pages to make it at minimum 10pages. Readings:

  • Q : Benefits of syringe management program

    What are the ways by which the syringe management program, tries to provide education to the society?

    		•
  • Q : Define the term digestion Define the

    Define the term digestion? Answer: Digestion is the breaking down of bigger organic molecules received from the diet, example, carbohydrates, proteins, fats, into sm

    		•
  • Q : Function of skin in the humans State

    State the function of skin in the humans?

    		•
  • Q : Define Process Automation Process

    Process Automation: It is a general technology term which is used to explain any process being automated via the use of computers and computer software. The processes that have been automated need less human intervention and less human time to convey.

    		•
  • Q : Differentiation between anaerobic and

    Write down the differentiation between anaerobic and aerobic beings.

    		•
  • Q : Promotional Mix Define the term

    Define the term Promotional Mix and what are their roles. And explain why determination of promotional mix is important?

    		•
  • Q : Characterstics of Good Communication -

    A good system of communication should have the essential characteristics which are explained below: I. Two-way channel: communication involves two parties, the sender or transmitter and the receiver of the message. Mere transmission of facts, ideas, information, etc. does

    		•
  • Q : Rate of reaction What does the

    What does the expression –dc/dt points out?

    		•