1. Explain why businesses pay overtime rates rather than employ more workers on the lower standard wage rate?
 
 
2. Why do the directors receive a salary rather than a wage?
 
 
3. How much would a production worker be paid in a week if they worked a full week plus seven hours overtime?
 
 
4. Why do you think sales staff are paid partly by commission?
 
 
5. How do sales staff benefit from a company car?
 

Answers

Answer 1

Answer:

Executive Summary

The labor market continues to recover, but a stubbornly high rate of underemployment persists as more than five million Americans are working part-time for economic reasons (U.S. BLS 2015a; 2015b). Not only are many of this type of underemployed worker, by definition, scheduled for fewer hours, days, or weeks than they prefer to be working, the daily timing of their work schedules can often be irregular or unpredictable. This both constrains consumer spending and complicates the daily work lives of such workers, particularly those navigating through nonwork responsibilities such as caregiving. This variability of work hours contributes to income instability and thus, adversely affects not only household consumption but general macroeconomic performance.

The plight of employees with unstable work schedules is demonstrated here with new findings, using General Social Survey (GSS) data. These findings (as well as key findings from other research) are highlighted below.

Irregular scheduling

About 10 percent of the workforce is assigned to irregular and on-call work shift times and this figure is likely low.1 Add to this the roughly 7 percent of the employed who work split or rotating shifts and there are about 17 percent of the workforce with unstable work shift schedules.

Six percent of hourly workers, 8 percent of salaried workers, and 30 percent of those paid on some other basis work irregular or on-call shifts. Adding in split or rotating shifts, the shares working unstable work schedules are 16 percent (hourly), 12 percent (salaried) and 36 percent (other).

By income level, the lowest income workers face the most irregular work schedules.

Workers paid under $22,500 per year are more likely to work on irregular schedules than workers in the income bracket above that (workers in the latter bracket who are salaried would be just above the current salary minimum threshold for assured FLSA overtime coverage).

Irregular shift work is associated with working longer weekly hours.

By occupation type, about 15 percent of sales and related occupations have irregular or on-call schedules.

By industry, irregular scheduling is most prevalent in agriculture, personal services, business/repair services, entertainment/recreation, finance/insurance/real estate, retail trade, and transportation communications.

Estimates of the proportion of the workforce with “variable hours,” in terms of not being able to specify a “usual” workweek (according to Current Population Survey, not GSS data), are remarkably consistent—almost 10 percent of workers overall. Being part-time more than doubled the likelihood of having hours that vary weekly. The share with variable workweeks also is higher in certain occupations and industries, such as sales, and lower in others, such as professional, managerial, and administrative support. Also, the prevalence is reduced for union members, married workers, government employees, whites, men, and workers with a higher level of education.

Nearly half of workers (45 percent) surveyed by the International Social Survey Program said that their “employer decides” their work schedule. Only 15 percent perceived that they were “free to decide” their work schedule. The remaining 40 percent felt they could “decide within limits.” This conforms to another study of “early career” workers; just under half of hourly early career workers surveyed in the National Longitudinal Study of Youth said they have their daily start and end times of work decided entirely by their employer, without their input.

Irregular scheduling and outcomes

Employees who work irregular shift times, in contrast with those with more standard, regular shift times, experience greater work-family conflict, and sometimes experience greater work stress.

Less than 11 percent of workers on “regular” work schedules report “often” experiencing work-family conflict in contrast with as many as 26 percent of irregular/on


Related Questions

When does a customer relationship being
A) when the customer complains
B) after several sales
C) before the first sale
D) when the customer fills out a survey
E) when the customer receives the merchandise

Answers

Answer: A


Hope it helps I remember doing a test on it and getting that right

Identify one way Raul could have increased the total amount of money he made over 40 years

Answers

Answer:

Maybe by investing his money into a buisness.

Answer:

crypto

Explanation:

What is NOT one of the main components of money management?
A.financial records
B.personal financial statements
C.tracking interest rates
D.budgeting

Answers

What is not one of the main components of money management is tracking interest rates. Money management is a strategy to make money work by tracking expenses and financial factors.

The components of money management are:

Financial recordsPersonal financial statementsBudget

Through these three components, a person is able to analyze, manage, control and review their finances to keep their inflows and outflows, investments and financial needs under control.

It is therefore essential for an individual to learn more about money management, to avoid debt, undue expenses and losses arising from mismanagement of their personal finances.

The correct answer is letter C.

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Answer:

C because you need to know all the financial records , personal statements and how to budget .

Explanation:

If loans become far less available, then sectors of the economy that ______________ like business investment, home construction, and car manufacturing can be dealt a crushing blow.

Answers

Answer:

depend on borrowed money

Explanation:

Why are
are cryptocurrencies not widely accepted?

Answers

Explanation:

Because Bitcoins are still only accepted by a very small group of online merchants. This makes it unfeasible to completely rely on Bitcoins as a currency. There is also a possibility that governments might force merchants to not use Bitcoins to ensure that users’ transactions can be tracked, and also If a hard drive crashes, or a virus corrupts data , and the wallet file is corrupted, Bitcoins have essentially been “lost”. There is nothing that can done to recover it. These coins will be forever orphaned in the system. This can bankrupt a wealthy Bitcoin investor within seconds with no way form of recovery. The coins the investor owned will also be permanently orphaned.

Lauren rents an apartment for $1,000 per month. How much equity will she have built up after living there for two years

Answers

Lauren's equity build-up after living there for two years is; 24 × $1,000 = $24,000

By definition:

Equity build-up is the increase in the net ownership value of a property that is achieved by the gradual reduction of the mortgage loan principal that was used for financing its acquisition by the investor.

This gradual reduction of the mortgage loan principal in discuss is achieved by the periodic payments made by the borrower.

In essence, her equity build-up after living there for two years is;

24 × $1,000 = $24,000

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Which work value is most likely to be important in a person's career choice?

oA.
preferring a fast-paced environment
oB.
volunteering at the animal shelter
oC.
spending time on social media applications
oD.
being skilled at negotiating and bargaining with people

Answers

Answer:

oD. being skilled at negotiating and bargaining with people

If you could implement a training program , what training program would it be and why?.

Answers

Answer:

Plan a training program properly. ... Show that the goals are achievable and what must be demonstrated in terms of consistency to show that training is complete and successful. Set clear targets. Use the best person to deliver the training – their knowledge and enthusiasm will be the example that the trainees follow.

Explanation:

What happens to your credit score if many lenders run a credit report on you?
A. Your credit score is not affected
B. Your credit score is inaccurate
C. Your credit score goes up.
D. Your credit score goes down.

Answers

Answer:

D

Explanation:

Too many credit inquiries in a short enough period of time will put a tiny dent in your credit score.

In case, many lenders run a credit report upon an individual, it affects the credit score negatively. Hence, option D is correct.

What is a credit report?

A report that discloses the details of the credibility of an individual in the open market, is known as the credit report. It is impacted by loans or advances and their repayments.

If someone applied for loans with multiple lenders, and they run a credit report on such person, it lowers the credit score of an individual, as it raises a contingency upon his or her credibility in the open market.

Hence, option D holds true regarding the credit report of an individual.

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Jordynne was the manager of Pets-R-Us, a pet store in Southern Valley Mall. Pets-R-Us had a one-year lease, and rent payments were $2,000.00 per month. Five months into the lease, Jordynne found a better site for the pet store. She notified Southern’s manager, vacated the mall, and moved her store to its new location. After two months, Southern was able to re-lease the premises to another retail store, but at a reduced rent of $1,800.00 per month. If Southern successfully sues Pets-R-Us, Southern will likely receive:_________

Answers

Southern is likely to receive $14,000 for damages

A lease such as the one between Jordynne and Southern represents a contract. Due to this, it is expected both parties met the conditions previously agreed. This means:

Jordynne should have stayed in the first site for a year.Southern cannot ask Jordynne to leave the site she rented.

In this context, it was Jordynne the one that breached the contract, as a consequence Southern can sue her. In this case, it is expected Jordynne has to pay the rent for the months she was not in Southern Vally Mall.

$2,000 x 7 months (she left in the fifth month) = $14,000

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A proposed regulation concerning urban mass transit should be investigated for its safety and security impacts only by legislators voting on the issue, because deregulation prohibits inquiry about things like economic impact.

True
False

Answers

Answer:

True

Explanation:

Answer:

false

Explanation:

I got it right

One of the most distinctive features of Disney World is the way it seeks to combine ________.

Question 1 options:

safety and control


fantasy and reality


nostalgia and innovation


pleasure and escapism

Answers

Answer:

Fantasy and reality

Explanation:

give me brainlist

Where is the best minitaxi in London for tourisms?.

Answers

Patrick Egwu Transportation

Explanation:

A _____ combines financial measures of past performance with nonfinancial measures of the drivers of future performance to provide management with a road map for creating shareholder value.


a. profit center

b. balanced scorecard

c. cost driver

d. operating budget

Answers

Business often uses the balanced scorecard. A balanced scorecard combines financial measures of past performance with nonfinancial measures of the drivers of future performance.

A balanced scorecard is simply regard as a strategy performance management tool. It is known as a thorough structured report, that is used by managers to monitor the execution of activities by the staff within their control.

It is also used to keep track the consequences arising from these actions.

It is known also as a management system targeted at translating an organization's strategic goals into a number of organizational performance objectives.

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varicorp offers employee benefits such as flex-time, sabbaticals, and onsite daycare. varicorp knows its employees have a need for

Answers

By offering those things, Varicorp realizes that its employees also require non-monetary compensation.

Non-monetary compensation are those that the company gives its employees outside of the the salaries it pays. Some of these include:

Sabbaticals Onsite daycare centers Flex-time

By giving these benefits, Varicorp hopes to motivate its employees with more avenues than just income.

In conclusion, Varicorp is using non-monetary compensation.

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Explain at least two reasons how a specific Department is created in a business. at least 3-4 sentences

Answers

Answer:

Find your ans- nah i'm just kidding

Explanation:

Start with the three elements common to every business to create your departments: Sales and Marketing, Operations, Finance & Admin. Bucket the roles specific to your business under the three departments. Assign a person to each role. Define your executive leadership structure.

Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence

Answers

Answer: dishonesty and dependence.

Explanation:

Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.

Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.

Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.

Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.

Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.

Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.

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a respected mit professor had a simple 5-word rule for his classroom, and every company should follow it

Answers

The respected MIT Professor who had a simple 5-word rule for his classroom and who advised that companies should follow is Patrick Winston.

Patrick Winston was a respected MIT Professor who had a simple 5-word rule for his classroom. He knew how to speak and get others to listen.

He taught at MIT for fifty years and knew how to captivate his audience. Winston's rule of engagement is an example of emotional intelligence in real life. It's the ability to make emotions work for you.

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what are the effect of enterprise/business on environment? write them

Answers

Answer:

Varies

Explanation:

They can go against natural resources.

economists would describe the u.s. automobile industry as

Answers

Answer:

an oligopoly.

Explanation:

Answer:

an oligopoly

Explanation:

In you opinion, what is a business?

Answers

Answer:

a business is a organazation organized by a single perons or group in order to propfit from the business to grow the business to become susceful. Many Buisness are created everyday for example: Online businesses , You-Tube Channels, Inst-agram Accounts, Sound-Cloud rappers,etc. Some business may be more effecient that others. Business is an organization where people work together. In a business, people work to make and sell products or services. ... A business can earn a profit for the products and services it offers. The word business comes from the word busy, and means doing things. It works on regular basis.

Alex and Patty Webb launched a firm several years ago and have been particularly successful in introducing new products to the marketplace. One thing that Alex and Patty are particularly good at is translating their thoughts, creativity, and imaginations into products that reach the marketplace. The ability to make this happen is most closely related to which of the following characteristics of successful entrepreneurs?A) A passion for the business.
B) Execution intelligence.
C) Tenacity despite failure.
D) Product/market focus.
E) A desire for recognition.

Answers

Answer: B, Execution intelligence.

I'm happy to help :)

Match each description to the trait it relates to.
A.always comes up with a solution
even in the most difficult situations
B.is known to take the right decisions
at the right time without hesitation
C.does not have ego issues and is always
available to help his teammates
D.welcomes changes without
any resistance
1.James is approachable
arrowRight
2.James is a good facilitator
arrowRight
3.James is confident
arrowRight
4.James is resourceful
arrowRight

Answers

Answer:

always comes up with a solution even in the most difficult situations : James is resourceful

is known to take the right decisions at the right time without hesitation : James is confident

does not have ego issues and is always available to help his teammates : James is a good facilitator

welcomes changes without any resistance : James is approachable

Explanation:

A liability created by buying goods or services on credit is typically recorded to:

Answers

The term that describes the place to record liability that is been created through buying goods or services on credit is : Accounts payable.

Accounts payable can be regarded as amounts due to vendor/ suppliers for the received service which is on credit.

It where the liability created by buying goods or services is been recorded.

Therefore, Accounts payable is the correct term.

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does anybody now how to do math just commect if you can

Answers

Answer:

It depends on the type of math. If. you need help with simple algebra or something like that, then I can help you, but I'm not too good at geometry, just saying.

Explanation:

I can probably do other stuff too, but that also depends.

A bank offers a home improvement loan with simple interest at an annual rate of 12%. J. T. Borrows $14,000 over a period of 3 years. How much will he pay back altogether?.

Answers

He will pay back $19,040 in total, his interest accumulated over 3 years would be $5,040.

it would be 5,020

add that to 14,000

A store manager paid $181 for an item and set the selling price at $253.40. What was the percent markup

Answers

Based on the information given the percent markup is 40%.

Using this Formula

Percent markup=(New price-Old price)/Old price

Where:

New price=$253.40

Old price=$181

Let plug in the formula

Percent markup=( $253.40-$181)/$181

Percent markup=$72.4/$181

Percent markup=0.4 ×100

Percent markup= 40%

Inconclusion the percent markup is 40%.

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What does standard of living measure?

Answers

The standard of living is known to measure the material well being of a person in a given population.

What is meant by standard of living?

This is the term that is used to refer to the fact that a person is able to have the basic needs that they require based on their income, opportunities and the resources available.

When the standard is low, it could mean that a person is faced with poverty and they are struggling.

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Answer the following question in 3-4 complete sentences. When an advertising agency creates an advertisement, what factors need to be considered? What questions do they need to ask to create an effective advertisement? Explain your response.

Answers

Answer:

The most important factor to consider is who the main buyer will be. This helps determine how to best advertise the product and where. For example, if the advertisement is for female teens, then it would make sense to advertise in magazines they buy. They also must consider the priority of the buyer. In other words, how can they show the product so that the buyer will not only want it, but also feel the need to have it. Advertisements can also create new and unique trends, while pushing old ones ways.

Explanation:

edg

The primary buyer is the most crucial aspect to think about. This aids in deciding where and how to advertise the product most effectively. For instance, it would make sense to advertise in magazines that female teenagers buy if the advertisement is for them.

What is advertising agency?

Paid marketing communications must be planned, managed, and carried out by advertising firms. Additionally, some agencies have expanded into other areas of marketing communications, such as direct marketing, interactive media, public relations, and sales promotion.

Businesses may decide that they would prefer to hire an outside company to handle their advertising. The outside company is referred to as an advertising agency. WPP and Omnicom Group are two examples of international advertising agency.

They must also take the buyer's priorities into account. In other words, how can they present the goods in such a way that the customer feels both the need and the want to own it Advertisements can both push for established trends and start new, original ones.

Thus, The primary buyer is the most crucial aspect to think about.

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In your opinion, will social media platforms such as Twitter ever replace newspapers or television news? Why or why not?

Answers

Answer: No

Explanation: Because Twitter is a social media and much of the information from it is from actual news sources that are linked or just paraphrased. News tweets you'll see from Twitter and other platforms like Reddit are always from a different source and the people who use these social medias are not always reputable enough for news to actually come from them.

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