suppose a firm manager has a base salary of $85,000 and earns 0.5 percent of all sales. determine the manager's income if revenues are $2,000,000 and profits are $500,000.

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18-11-2022
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suppose a firm manager has a base salary of $85,000 and earns 0.5 percent of all sales. determine the manager's income if revenues are $2,000,000 and profits are $500,000.

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contexto1028 contexto1028 · Answer 1 · 2022-11-21T19:10:54+01:00

By tying workers' compensation to the company's profitability, a manager is attempting to increase employee effort by employing sharing of profits.

The following is an arrangement for making payments that, by tying compensation to the company's profits, encourages increased worker effort: sharing of earnings

Which three kinds of incentives are there?

Be that as it may, motivations are not only monetary in nature - but motivators also come in three flavors: Economic incentives include material gain or loss (doing the right thing), social incentives include reputation gain or loss (being seen as doing the right thing), and moral incentives include conscience gain or loss (doing the "right thing" or not).

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