Business, 30.05.2021 14:00, kokilavani

Joe owns a business which produces wooden furniture. He employs 20 workers in the production department and three workers in the offices. Joe pays all his workers wages which are calculated by time rate, but he is thinking of changing to piece rate. He has a high labour turnover from the factory as his workers are not well motivated.

1. What is meant by piece rate?

2. Identify two examples of fringe benefits Joe could give to his employees.

3. Outline two reasons why many employees leave their job at the furniture company.

4. Explain two ways Joe can improve the job satisfaction of his employees.

5. Do you think a wage calculated by piece rate is a suitable method of payment for all Joe’s employees?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:30, abelxoconda

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

Answers: 1

continue

Business, 21.06.2019 23:10, angellove1707

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

Answers: 1

continue

Business, 22.06.2019 07:30, cherylmorton7302

What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident managementâ€”the nims is focused on tactical planning, and the national response framework is focused on coordination.

Answers: 3

continue

Business, 22.06.2019 11:00, montgomerykarloxc24x

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Answers: 1

continue

Do you know the correct answer?

Joe owns a business which produces wooden furniture. He employs 20 workers in the production departm...