A firm must choose among three alternative ways to compensate its salaried employees. It can pay them at the end of each week, at the end of every other week (bi-weekly), or at the end of each month. If the annual rate of pay is the same in each case, which compensation system will maximize the value of the firm?
a. Weekly payments
b. Bi-weekly payments
c. Monthly payments
d. It makes no difference because annual pay is the same in every case.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A firm must choose among three alternative ways to compensate its salaried employees. It can pay them at the end of each week, at the end ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
You have just made your first $5,000 contribution to your individual retirement account. Assuming that you earn in the stock market an annual rate of 9.
Answers (1)
You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows are $550, $970, $2,600, and $500 a year over the next four years, respectively? Round to the second decimal place.
Answers (1)
An ideal marketing penetration strategy would be to offer cash backs and discounts on products to customers a. True b. False
Answers (2)
Who is ultimately responsible for identifying new or emerging key risk areas that should be covered by the organization's governance process?
Answers (1)
Determining the baseline performance occurs in the six sigma dmaic step known as:
Answers (1)
New Questions in Business
When the auditors discover an overstatement of accounts payable, they would most likely also expect to find an overstatement of:?
Answers (1)
This year Drake and his son purchased real estate for an investment. The price of the property was $1,200,000, and the title named Drake and his son as joint tenants with the right of survivorship.
Answers (1)
Than Wok emigrated from his war-torn country to the United States almost two years ago. He recently found a job working on an assembly line at a major computer manufacturer. Than left his friends and family behind when he came to the United States.
Answers (1)
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year.
Answers (1)
What concept is associated with the notion that employers can get greater effort from workers by paying them a relatively high, above-equilibrium wage? A. profit sharingB. efficiency wagesC. piece-rate wagesD. bonus or commissions
Answers (1)